Opis:

Leasehold

Asking price: £150,000 exc. SAV

Asking price includes:

Turnover circa £300,000 per annum
Gross profit circa £127,863

Excellent reputation as a top franchisee in its sector
All fixtures and fittings
Excellent customer base
Good will

Business profile:

Established 7 years ago and successfully run and managed by our client for that time this store serves an array of freshly baked sweet and savoury flavoured hand rolled pretzels and breads as well as dips as 'on the go' snack food as well as a selection of hot and cold drinks. Everything is freshly baked on site with nothing more than 30 minutes old.

Customers in the store and walking through the mall can stand and in full view watch the staff prepare the snacks in the sparkling clean environment and temptingly smell everything that is being prepared.

The menu offers delicious sweet and savoury choices in a variety of flavours, freshly prepared in-store, and we highly recommend viewing this ideal walk in trading opportunity.

Customer Service/Quality Assurance:

Quality assurance is threefold and second to none, excellent concept, people and ethics.

Friendly courteous customer service, personal attention to detail, incredible basic food hygiene ensures every customer is happy.

Key Strengths:

The US based franchise brand was the 1st of its kind in Ireland and was well received when it was launched by the vendor. This is now a well-established presentable proven business in an excellent location. The franchise has on-going new product development with new product launches on a regular basis.

The initial investment made by the vendor has created an excellent business with all the staff training and business structure now in place.

Growth and Expansion:

This already profitable store is extremely strong with plenty of potential for growth, statistics taken show great potential to improve sales even further. Historic figures already show almost 7 years of an annual increase of the customer base. There is to be a constant addition of new products to the line which are to be introduced over the next few years. The business is well on course to improve on the net profit margin.

Premises:

This spotlessly clean and bright cafe/coffee shop is beautifully presented, light, airy and modern with clear menu boards. The cafe benefits from a double glass frontage, with excellent signage.

The cafe is open plan through to the commercial kitchen area allowing customers to see the theatre of preparing the produce for consumers. The kitchen is fitted to a high standard with plenty of food preparation area plus there is an additional stock room.

The premises are circa 200 sq. ft. and benefit from a centralised location in the middle of a popular shopping mall surrounded by a plethora of over 200 complimentary businesses ensuring ample passing trade throughout the day.
Leasehold the 5 year lease was taken out in April 2013. Annual rent for the premises is £36,000 with rates of £18,500.

Business Hours:

Monday to Friday plus Saturday: 9am - 6pm
Late night Thursday: 9pm
Sunday: 1pm - 6pm

Advertising and Marketing:

The majority of the advertising and marketing that has been carried out on behalf of the franchisee has been undertaken centrally by the franchisor. No local advertising is undertaken outside of the mall however free samples are given to people going in and out of the mall, plus coupons.

Financial profile:
The business is being offered for sale on a going concern basis: all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Turnover circa £300,000 per annum
Net profit circa £50,000

Asking Price:

The Asking Price of £150,000 is for the assets and goodwill of the business (exc. SAV).

Employees:

The business employs five full time staff including 1 manager , 2 supervisors and 3 full time counter staff working on zero hour contracts. All staff training is up to date so there are no additional costs for this.

Support and Training:

Support and training will be provided for a negotiated period of time to ensure continuity of training.

Reason for Sale:

The vendor is now looking at various opportunities.

Looking for finance ?

If you are looking for finance to fund your business purchase then we recommend that you talk with our independent finance broker. Because of his many years working at a senior level for a major high street bank he has had more success with finance applications than anyone else we know. He has helped numerous purchasers of businesses that we are selling, including buyers who have been turned down by their own bank! Call us today on 0800 046 1652 or email us at finance@turnerbutler.co.uk

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This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')

The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.

For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into

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Turner Butler
Ickenham House, 2-4 High Road, Ickenham, Middlesex, UB10 8LJ
Telephone 01895 25 6000 Facsimile 01895 25 7777
info@turnerbutler.co.uk
www.turnerbutler.co.uk