Ref 7058 – Leasehold Sandwich Shop
Blacks Brokers are pleased to bring to the market this leasehold sandwich shop located in Macclesfield, Cheshire.
Bargain Butties Ltd was established by our client in this busy area of Macclesfield in 2018. The business offers a range of freshly made sandwiches, drinks and snacks. It has become very well known in this area and 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 Facebook.
Bargain Butties Ltd occupies a high street trading position within a parade of shops and offices. The area is densely populated commercially with neighbouring businesses including independent retailers as well as large multiples such as Bet Fred and Natwest. The Grosvenor Shopping Centre is also close by. The area is well linked by the A537 and A523 with very strong public transport links and parking is available in the surrounding area.
The business is ideally suited to a hands-on owner-operator but due to our client’s other business interests 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 an Internal Repair Only lease (iro lease). The current lease is a five year lease which began in 2018 at a cost of only £192 per week. This includes the first floor.
The business operates with our client only in full time employment with the assistance of casual staff during peak periods.
Bargain Butties Ltd 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 £59,000 and gross profit of £35,400. 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 newly fitted and already well known business occupies an enviable trading position in a very busy area of Macclesfield. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of new food choices and longer opening hours, possibly a delivery service, new online presence and 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: £35,000.
Please quote ref: 7058