Financial Details
Asking price: £50,000
Sales revenue: £145,000
Net profit: Undisclosed
Fixtures value: Undisclosed
Stock value: Undisclosed

  • Photograph of this business for sale

Business Description
Advent Business Sales are pleased to have been instructed to offer to the market this well established and profitable delicatessen with excellent future potential.

Founded by our client 14 years ago, the business is only now being reluctantly offered for sale as he plans to retire.

The deli offers an excellent wide stock selection which includes:
• Cooked meats
• Cheeses
• Cakes
• Locally made pies, pasties and sausage rolls
• Breads (bake off)
• Beers, wines and spirits
• Large choice of party foods and appetisers

They also supply seasonal bespoke hampers.

Hand-made sandwiches are supplied on a very regular basis to local offices close to the deli and cheese and wine evenings prove very popular.

Sales which are circa £150,000 are split approximately 50% delicatessen, 40% home made sandwiches served from the shop and 10% outside catering to local offices.

90% of trade is local and 10% is from its own dedicated on line web site.

We are advised that stock at cost is approximately £14,000.
REF: 9070HP
General Information
Employees:The business employs one full time member of staff and one part timer, who works approximately 8 hours per week and our client full time.
Trading hours:Mon-Fri: 8.30am – 6.00pm Sat: 9.00am – 4.00pm
Property:Leasehold
Lease terms:Tenure: Leasehold Original lease: 10 years Remaining lease: 6 years Review every: 5 years Rent: £8,520 PA We are advised that the annual business rates are currently: £6,240 (under appeal)
Location:The business occupies a high visibility trading location on a very busy parade of a densely populated market town in the affluent county of Buckinghamshire. The parade includes many complementary businesses who all contribute in attracting large footfall levels to the area. In addition, the railway station and bus interchange are both nearby with both in the process of being redeveloped.

There is one allocated car parking space at the rear of the premises with nearby pay and display available. The town enjoys excellent road links via the A404, which is a feeder road to the M40 motorway.
Premises Details:Very attractive and very well presented throughout, these terraced ground floor premises provide excellent accommodation consisting briefly of:

Ground Floor
• Centre entry door with recessed bay windows either side into the main sales area with a full range of modern fixed and free standing display furniture
• 6m glass fronted refrigerated display serve over counter
• Single door chiller

• Other equipment includes: espresso machine, ham slicer, soup kettle and 2 coffee grinders
• Rear of shop is a storage area/office with 1 upright and 2 chest freezer and bread oven
• Kitchen and w/c
• Back exit to rear parking
Expansion potential:The business offers excellent scope to increase both turnover and profits further by: 1. producing the home made cakes etc themselves, as the cost of buying in is approximately £10,000 per annum currently 2. offer the sandwich buffets to more local offices 3. have a delivery round to local factories 4. the local railway station and bus terminal are in the process of being redeveloped with additional parking facilities being made available 5. open earlier in the morning to catch the commuter traffic with sandwiches and coffees
Related documents:PDF document iconDocument

Advert Options