Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Sandwich Bar And Cafe In Central Newbury For Sale

Central Newbury, Berkshire
Asking Price:
£29,995 Furniture / Fixtures included
Sales Revenue:
£90,000
Cash Flow:
£30,000

The opportunity
ETS Corporate are pleased to place on the market this very well-established sandwich bar and café, which is well positioned in Newbury, Berkshire. It has unique products including a very popular vegan range, and the Owner is starting a family. The turnover is around £90,000 with an EBITDA of approximately £30,000.

Location
This café /sandwich bar is situated in Newbury, which was recently voted the 6th happiest place to live in the UK. It is a very affluent town. It has multiple corporate employers such as Vodafone, Stryker, Micro Focus, and Kier. The area itself enjoys very good passing trade and the corporate clients nearby create a good outside catering demand.

Business details
This very well-established business is being sold due to a new family and the Owner simply doesn’t have the time to devote to the business. The shorter hours are due to a long commute. It has been a deli for over 9 years and the present Owner purchased it a year ago.

It was previously solely a baguette and sandwich shop, but they are now renowned for their vegan food including vegan cakes. It has further diversified into Burritos (now approx. 70% of the shop trade), Yorkshire pudding wraps and jacket potatoes. The business is the only one in the area to offer these unique products.
The burrito fillings are sourced from MX Foods in Theale (they also supply Las Iguanas, Wahaca, and every other Mexican restaurant chain). Outside event catering is also offered and this side of the business is not included in the financial figures quoted below.

The menu is constantly changing to reflect availability and customer trends, but everything is designed for 80%+ in terms of GP. Prices have recently increased on hot goods, with no marked drop-off from the customer. The company Facebook page and Instagram reflect the varied and imaginative offerings. Also, it has a 4.7 on Google review. Around 70% of business is regular customers and the Café has an excellent reputation.

There are no staff and the Owner works alone in the business as trade is seasonal, with summers being much busier. There is huge scope to offer deliveries and extend the opening times.

Trading hours
Monday noon - 3 pm
Tuesday noon - 3 pm
Wednesday noon - 3 pm
Thursday noon - 3 pm
Friday noon - 3 pm
Saturday noon - 3 pm
Sunday Closed

Financial details
The turnover for the business for the full financial year will be £90,000 with an EBITDA estimated to be £30,000. Included in the sale price is all equipment which includes:
2 Ovens
2 Tall fridges
5 Freezers
1 Chest Freezer
1 Coffee Machine
1 Domestic Fridge
1 Open Top Commercial Fridge with server
Assorted catering tables / tops / shelving
Printer
Sink Units

Property details
On the ground floor Ground floor, there is the shopfront, counter and kitchen
On the first floor there are two storage rooms, a toilet and an office
To the front of the premises there is pace for tables and chairs and there is rear access to secure courtyard and bins. There are 5 internal covers.

Tenure
There are 12 years left on the lease, and the rent is currently £14,000 pa.

Ref: 13365
Price: £29,995

Disclaimer
These details do not constitute part of an offer or contract. The statements and descriptions given are made without warranties by Enthuse Transformations Ltd (Trading as ETS Corporate). The information contained herein has not been verified by Enthuse Transformations Ltd; complaints regarding the accuracy of the information contained herein will not be acknowledged. Purchasers should in all cases undertake financial due diligence using their own professional advisors before committing themselves in contract rather than relying on illustrations, figures and information given on behalf of the seller. Furthermore, any representations made by any representative of Enthuse Transformations Ltd regarding this business are subject to verification and should be independently corroborated.

Property information

Property:

Leasehold

Lease Terms:

There are 12 years left on the lease, and the rent is currently £14,000 pa.

Location:

This café /sandwich bar is situated in Newbury, which was recently voted the 6th happiest place to live in the UK. It is a very affluent town. It has multiple corporate employers such as Vodafone, Stryker, Micro Focus, and Kier. The area itself enjoys very good passing trade and the corporate clients nearby create a good outside catering demand.

Premises Details:

On the ground floor Ground floor, there is the shopfront, counter and kitchen
On the first floor there are two storage rooms, a toilet and an office
To the front of the premises there is pace for tables and chairs and there is rear access to secure courtyard and bins. There are 5 internal covers.

Business Operation

Expansion Potential:

There is huge potential to grow the business

Competition / Market:

There is a lot of local competition which draws in customers

Reasons for selling:

Starting a family and the commute to work.

Trading hours:

Monday noon - 3 pm
Tuesday noon - 3 pm
Wednesday noon - 3 pm
Thursday noon - 3 pm
Friday noon - 3 pm
Saturday noon - 3 pm
Sunday Closed

Employees:
0
Years established:
12

Other Information

Support & training:

Full training and support can be provided

Furniture / Fixtures value:
£10,000 - included in the asking price

Contact Information

    1. Your Address

    2. Optional
  1. Optional
  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

  2. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to ETS Corporate. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here