« Search more Sandwich Shops for sale in Surrey
Reference R7731

Profitable Outside Catering Company with 8 Sandwich Rounds and On-Site Large Function Room in Surrey For Sale

Profitable Outside Catering Company with 8 Sandwich Rounds and On-Site Large Function Room in Surrey For Sale
Profitable Outside Catering Company with 8 Sandwich Rounds and On-Site Large Function Room in Surrey For Sale Buy a Profitable Outside Catering Company with 8 Sandwich Rounds and On-Site Large Function Room in Surrey For Sale Sell a Profitable Outside Catering Company with 8 Sandwich Rounds and On-Site Large Function Room in Surrey For Sale Profitable Outside Catering Company with 8 Sandwich Rounds and On-Site Large Function Room in Surrey For Sale for Sale Profitable Outside Catering Company with 8 Sandwich Rounds and On-Site Large Function Room in Surrey For Sale for Sale Profitable Outside Catering Company with 8 Sandwich Rounds and On-Site Large Function Room in Surrey For Sale for Sale Profitable Outside Catering Company with 8 Sandwich Rounds and On-Site Large Function Room in Surrey For Sale for Sale Profitable Outside Catering Company with 8 Sandwich Rounds and On-Site Large Function Room in Surrey For Sale for Sale Profitable Outside Catering Company with 8 Sandwich Rounds and On-Site Large Function Room in Surrey For Sale for Sale

Register to see map and to make an appointment Situated part of a Sports Ground on the SURREY/SUSSEX BORDERS

Turnover £ 6,500
Price £149,950

Features

Profitable Outside Catering Company with 8 Sandwich Rounds and On-site Large Function Room Price For The Lease, Goodwill, Fixtures & Fittings Reduced To £110,000 Plus Stock At Valuation, Subject To Contract, For Early Sale

Car parking for 3 vehicles

SPACIOUS COMMERCIAL KITCHEN with non-slip floor and large walk in coldroom. The main equipment is landlords fixtures comprising stainless steel extractor, 2 electric fan assisted ovens, double deep fryer, electric 6-burner hob, electric griddle, commercial dishwasher, 1 3-door stainless steel counter fridge, hot cupboard, stainless steel tables, double sink & drainer, single sink & drainer, large walk-in coldroom (landlords)

The following equipment is owned by the tenant & included in the proposped sale, subject to contract: 2 larder deep freezers, 1 chest deep freezer, 2 stainless steel tables with storage sections, 1 stainless steel heated hot cupboard, 2 stainless steel wall cupboards, plates, cutlery, pots & pans etc.

In addition an outside storage container with additional equipment included in the sale at a renal of £98 per month inc VAT.

Included in the sale are 4 vans (including 1 refrigerated). We understand the vans are between 10 & 15 years old.

IT SHOULD BE NOTED THAT THERE IS A LARGE FUNCTION ROOM ON THE PREMISES WITH POTENTIAL FOR UP TO 150 PERSONS. WE UNDERSTAND FROM THE PRESENT TENANT THAT THIS COULD WELL BE AVAILABLE TO RENT FROM THE OWNERS, IF DESIRED.

Provided on a daily basis to regular clients are large corporate buffets, canapé parties and product launches. Also regularly provided are hog roasts, BBQ,s and event catering.

Turnover

WE ARE INFORMED the turnover is in the region of £6,500 p.w. (including sandwich round turnover of approximately £3,000 p.w). We are further advised that the sales year ending 31st March, 2016 showed £261,504 with a gross profit of £144,045 & a net profit of £68,337.

Staff

The business is at present operated by the owners with the assistance of 2 full time plus 1 part time staff.
The corporate hospitality involves the preparation of buffets etc & are delivered to clients within up to a 50 mile radius of the premises.

Trading Hours

We understand the kitchen normally operates Monday - Friday inclusive from 5 a.m. - 2 p.m. with additional hours at weekends should buffets etc be required. The business has 8 sandwich rounds (2 vans used). The sandwich rounds are undertaken Mondy - Friday inclusive normally leaving the premises at 8/8.30 a.m. returning by 12 noon - 1 p.m. The sandwich rounds are undertaken to offices in the area selling sandwiches, baguettes, soup etc.

Tenure

We understand the Catering Kitchen is held on a new 10 years lease from June, 2017 at a current rental of £9,600 p.a. exclusive of rates with rent revisions

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

REDUCED FOR EARLY SALE

Price

TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS £149,950 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 74,975 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

« Search more Sandwich Shops for sale in Surrey

Buy a Profitable Outside Catering Company with 8 Sandwich Rounds and On-Site Large Function Room in Surrey For Sale on NationwideBusinesses.co.uk