Buy a business

Busy Sandwich Bar in Chichester City Centre

Chichester, West Sussex, South East

Advert ref: 1662RA

Business Partnership is delighted to offer for sale a beautifully presented and popular take-away sandwich bar in an affluent major West Sussex centre. The long-established family run business (over 40 years) has built a loyal local client base and provides a wide and interesting range of fresh home-made food, including breakfasts, sandwiches, salads, jacket potatoes, cakes and fresh coffees.  Vegans and Vegetarians are also catered for with varied daily selections. The shop also supplies local businesses, a newsagent, and offers online ordering and delivery through Deliveroo and Uber Eats. There is enormous potential to significantly grow the business further by opening Sundays/Bank holidays, and extending services to include business lunches, party bookings, and children’s parties. The current owner is happy to offer a full handover/support service and training if required

Key features:

  • Beautifully presented quirky sandwich shop - must be viewed to fully appreciate
  • Excellent central location in affluent town centre
  • Recently refurbished and in beautiful condition
  • Great scope for business expansion

Property Details: Leasehold
Asking Price: £49,950 + SAV (Leasehold)
Turnover: £124,000 Annual
Location:

The business is centrally located in a popular major West Sussex centre, with plenty of parking nearby. The city provides an established weekly market, together with numerous and regular farmers, artisans and craft markets, which significantly increase footfall

Premises Details:

The newly refurbished and attractive premises is set on two floors, with a customer service area over a display fridge, a drinks fridge and salad fridge with workstation above. Both floors have sinks and washbasins with drainers and storage areas. There is a staff WC and a small office

Lease Terms:
The business premises are available on an original 10 year lease from June 2018, at an annual rent of £11,500, which is extremely low for the City. Due to the low rent, there are no business rates payable

Financial Details:
Accounts information will be provided on completion of an NDA. The owner informs us that current average weekly sales are approaching £3K - annual turnover of £124,000 + VAT - on a rising trend.

Employees: 5 Part Time
Trading hours:
Monday to Friday 0800 to 1500. Saturday 0830 to 1500. Closed Sunday

Support & training:
The current owner is happy to offer a full handover/support service and training if required

Rates:
There are no business rates payable

Fixtures and fittings:
The shop was completely refurbished in 2018 at a cost of approximately £20,000, and all equipment is in excellent condition. The asking price includes the goodwill, lease interest, fixtures, fittings, equipment and domain name

Shopfront & sign

Financial Details

  • Leasehold: £49,950 + SAV
  • Turnover: £124,000 Annual
  • Net profit: undisclosed
  • Fixtures value: undisclosed
  • Stock value: undisclosed
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