Business for Sale in England SANDWICH BAR IN THE WORTHING AREA OF WEST SUSSEX

Leasehold Price £80,000

Key Information

Reference
SB35154T
Tenure
Leasehold
Status
Sold
Region
England
Sector
Sandwich Shops
Weekly Sales
£4,000.00 Exc. VAT
Accommodation
No

Business Information

This successful sandwich bar is located in a busy shopping parade in Goring-by-Sea to the west of Worthing in West Sussex. Other commercial tenants nearby include a convenience store, butchers, hardware shop, pharmacy and florists, and there is a generous amount of free parking in the surrounding area.

The well-managed business has been in the same hands for more than 20 years and is now for sale only due to retirement. The shop has built an excellent reputation and has a straightforward menu offering rolls, sandwiches and french sticks with a variety of fillings together with an assortment of cakes and a selection of hot and cold drinks.

Trading from Monday to Saturday 7.30am – 2.00pm, we are informed that takings are currently in the region of £4,000 per week. Accounts for the three years from 1st May 2017 to 30th April 2020 show an average annual Net Profit of £51,610.

Although this is already a profitable business, new owners might seek to increase sales through extending the trading hours, accepting credit/debit card payments and the introduction of outside catering and/or a delivery service.

LEASEHOLD £80,000   REF: SB35154T

Sold

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