Ref 6999 – Leasehold Sandwich Shop
Blacks Brokers are pleased to bring to the market this leasehold sandwich shop located in Royton, Oldham.
Rumble Tummies was established in 1992 and our client took ownership in 2017. The business offers a range of fresh takeaway products and sandwiches and is very well known within this area. It has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this excellent trading position. Our client has ensured the business has an excellent reputation and superb reviews are noted on Google and Yell.
Rumble Tummies occupies a main road trading position within a parade of shops and offices. The area is densely populated commercially with neighbouring businesses including independent retailers. There are also a number of schools and large housing estates nearby. The area is well linked by the A627(M) and M60 with good public transport links and parking is available in the immediate area.
The business is ideally suited to a hands-on owner-operator but due to the demands of our client's other business commitments being higher than anticipated, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.
The building is available on a Full Repair and Insure lease (Fri lease). This is the most common form of commercial lease. The current lease is a renewable annual lease provided by Oldham Council at a cost of only £75 per week.
The business operates with our client only in employment.
Rumble Tummies has traded solidly since opening and our client has established a strong repeat customer base. We are advised that the business has annual turnover of £62,400 and gross profit of £37,440. Full financial information is available upon request.
The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.
This is a newly fitted, well established takeaway which occupies a superb trading position and has a strong base of regular customers in place. There is plenty of scope to develop the business further with the introduction of a new online ordering service, new menu choices, delivery round and a strong marketing drive. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Business: £39,950.
Please quote ref: 6999