Reference - 46151
This is a rare opportunity to acquire a long established and well known bakers and confectioners situated in a desirable loaction within Lancashire.
The area is a hive of activity throughout the day, attracting high levels of regular repeat and passing trade.
The business has been successfully operated by the present family owners for several years and during that time the business has acquired a truly enviable reputation within the locality, boasting an extensive and loyal customer base including domestic, commercial and professional clients.
The business offers a wide range of products including bread, muffins, morning goods, cakes, celebration cakes, pies, pasties, sausage rolls, freshly prepared sandwiches, salad rolls, fruit pots, buffets as well as tea, coffee and a selection of cold drinks.
The business operates from a single fronted commercial unit, providing versatile lock up business accommodation.
The bakery is equipped to a high standard with a comprehensive range of valuable catering equipment, which has been well maintained including a 3 deck electric oven, walk in freezer, ample equipment and CCTV.
This is a thriving business demonstrating excellent trading profits, yet still offers genuine scope for future growth and development. With this in mind, the business represents an ideal purchase for an established group operator or an ambitious and energetic owner who can exploit the true potential, especially to develop the web presence and social media aspect which will naturally increase the already impressive weekly sales, whilst ultimately enhancing the overall profitability.
This is a rare opportunity to purchase such a well established business with a bright future, a viewing is highly recommended to avoid disappointment.
Currently shop sales average £4,500 approximately.
Available accounts are to year end 30th April and are summarised below:
Sales £219,050 Gross Profit £102,050
Sales £225,786 Gross Profit £101,960
Monday – Friday 08:30 – 16:30
Saturday 08:00 – 16:00
The business is managed by the owners with 9 part time staff members.
The single fronted shop premises offers a versatile lock up business accommodation across two floors.
The retail sales area is light and airy, creating a welcoming environment with a range of quality equipment, including ample refrigeration.
There is a storeroom and staff WC located to the rear of the property.
There is a fully equipped bakery/preparation area with a 3 deck electric oven, seperate fridge and freezer and a good range of well maintained machinery and equipment.
There is no residential accommodation for owners/management available.
The vendors own the property and will grant a new Fri lease (subject to contract) for a period of 10 years at an initial rent of £15,000 per annum exclusive of rates. Rent reviews are at 3 yearly intervals.
We are also advised that the vendor pays no business rates.
We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.
This is a rare opportunity to purchase a well known and highly lucrative business. To avoid disappointment a viewing is highly recommended.