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Baguette Shop & Catering
Berkshire-wide, England   Brokered By: Jason
Asking Price: £ 125,000.00 Annual Sales Revenue: £ 450,000.00


BUSINESS PROFILE VIEW

Business Information

Business Identifier

Baguette Shop & Catering

Reference

DT5175

Looking For

Buyer / Freeholder

Business Start Date

2006-05-11

Franchise

No

Sector

Service

Industry

Food & Beverage

Business Description

Outstanding Baguette Shop, Patisserie, Cafe, Catering Business For Sale.
Long established - 15 years.
High Turnover and excellent profits.
Situated on the High Street of and attractive and sought-after village in Berkshire.
The business offers a mouth-watering selection of freshly produced sandwich and salad toppings whereby customers can create their own baguettes, wraps, paninis and salads (using their very novel and unique price structure to ensure simplicity) together with breakfasts and other brunch options – all with take-away, delivery and collection options
The concern offers an event buffet catering service with particular focus on office buffets taking advantage of the large prevalence of surrounding office parks in the area, as well as offering ‘pop-up’ lunch / sandwich bars in busy office venues near-by.
The Lock Up Ground Floor premises are held on lease, we are advised, for a term of 10 years with 4 years remaining at a current rent of £18,000 per annum and subject to 5 year ‘market value’ reviews.
Shop (circa 860sq.ft.) quality fitted with full length serve-over and refrigerated displays, menu boards, product display shelving, 2-group commercial coffee machine, coffee grinder, panini machine, display drinks refrigerator, seating for 30, ‘Karndean’ flooring, spotlighting, etc.
Preparation Kitchen / Area at rear (circa 460sq.ft.) walk-in freezer, 2 x ‘Blue Seal’ commercial ovens, stainless steel preparation tables, 1 x double and 1 x stainless steel upright refrigerators.
Storage Area with built in shelving. Cloakroom.
Outside:- Rear access for deliveries and loading. Two dedicated parking spaces. Bin area.
We are advised that current Takings are averaging around £9,250 weekly. Annual Turnover around £450,000 with an excellent GP and a Net Profit of circa £55,000.
Hours of Trading:- Monday to Friday - 7.00a.m. to 4.00p.m. Saturday - 9.00a.m. to 3.00p.m. Sunday - 10.00a.m. to 2.00p.m.
The business is currently run by working owner (part time) together with nine full time supportive and well-trained staff members - one of whom acts in a managerial role. Having run the business very successfully and profitably since 2008, vendors have now reached retirement age and have reluctantly decided it is now time to sell.
To facilitate a smooth transfer and continued success, the owners will offer an agreed period of training if required.
In our opinion this is an exceptionally rare opportunity for a discerning purchaser or working couple with good catering skills to purchase a superb business.
Rateable Value:- £12,000 (100% small business relief)
EPC:- C-59 (valid until 26th October 2031)
Viewing highly recommended

UK Country

England

County/City

Berkshire-wide

Current Status

None

Asking Price (£)

125,000.00

Annual Sales Revenue (£)

450,000.00

Gallery

Gallery

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Broker Details

Broker Details

Broker Name

Mr. Jason Atkins

Email

jason@ahlansley.co.uk

Phone number

0118 9590271
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Disclaimer

Disclaimer

Values for Annual Sales Revenue may be approximate.

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