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24 Advert ID 16779   Sellers Ref : 8868 CV
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8868 CV WEST MIDLANDS LEASEHOLD: £80,000 DELICATESSEN For Sale

Businesses for sale from Advent Business Sales Ltd
Business Summary:


* Location : West Midlands

* Leasehold Price : £ 80,000
* Freehold : Offers
* Relocatable : Offers

Agent :  Advent Business Sales Ltd


 

Description : Advent Business Sales is pleased to have
been instructed to offer to the market this
exceptionally well established deli and coffee
bar with excellent future potential.
The business, which was founded in 1952
has been in the careful hands of the current
vendors for over 24 years and is only now
being reluctantly offered for sale to enable
them to pursue an unrelated business
venture.
The deli offers a large and comprehensive
product range including:
• Cheeses
• Cooked meats
• Oils, herbs and spices
• Biscuits
• Jams and marmalades
• Soft drinks
• Ice cream
• Dried convenience foods and wines
The deli has a quite outstanding sandwich
and coffee bar with approximately 65
different blends including Kopi Luak,
Mexican Opixaxa and Jamaican Blue
Mountain to name but a few. Connoisseurs
of coffee will appreciate the true quality of
the fayre. They also offer approximately 18
tea types and a good home made selection of
sandwiches.
The business employs 8 part time staff, who
each work approximately 24 hours per week
and one vendor full time. They achieve an
excellent annual turnover of approximately
£270,000 with a gross profit of
approximately £124,000.
Stock at cost we are advised is circa
£11,000.
   
Trading Hours : Mon-Sat: 9.00am – 5.00pm
   
Staffing : The business employs 8 part time staff, who
each work approximately 24 hours per week
and one vendor full time.
   
Tenure : Sitting tenant holding over
Rent: £14,000 P.A.
We are advised that the annual business
rates are currently: £6,412


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