FOR SALE
21/03/23
510422
2487 / Rightbiz
Key Features
Business Description
Silk Letting Ltd would like to proudly present to the market an extremely popular and favourited sandwich shop in Norwich. Although the business is mostly known for its fantastic sandwiches, they have other services such as
Roast Dinners:
The stock is all freshly prepared and is very popular with the locals, whether they have come directly for a tasty sandwich or dinner or just passing and get drawn in by the irresistible smell or a well-done roast!
The business has been established for 14 years with happy loyal returning customers. Having a menu consisting of the same meats but creating dished of different kinds this saves on ingredients and keeps the owners expenses down, whilst customers are queuing up for these dishes making the owner sell out at dinner time!
The potential for the business is huge and a very good investment for someone to take over and be proud of whilst also keeping the loyal customer happy.
Location and Amenities
The business is situated on a busy main road, in the town centre of Norwich. There is a shopping precinct very close which increases footfall massively, from staff working inside to shoppers needing a lunch break. Not only do you benefit from being extremely close to the shops, but the business is also located near a public garden with views of a historic castle where customers enjoy sitting when eating their lunch. This gives the added advantage to gain the passing trade and also gives customers a place to enjoy their hot food. There is parking a few meters away for up to 10 minutes making access easy yet if you do not drive there is also bus stops to make sure possibilities to get there are available.
Growth Potential
There is an astonishing opportunity for a new owner to grow the business as they current owner does not do deliveries as they have never struggled and not felt the need to. You could set up agreements with Uber Eats, Just Eat etc and double your takings immediately. A new owner could also increase their opening hours and increase the takings by trading an extra few hours.
The business benefits from having a website as well as social media platforms such as Instagram and Facebook. These could be expanded and advertised across even more platforms such as TikTok or making sure you keep your platforms up to date.
Financial Profile
Turnover available on request
1 year remaining on the lease yet is renewable every 5 years.
Property
The premises of the business is a convenient location with a perfectly sized building for the use of the business. With the seller using the space well having an inside waiting area for customers and the counter and kitchen being off the waiting room is utilises the space perfectly. There is storage situated in a small basement which is also used for freezer space making sure there is room for all needed hot equipment on the ground floor to a kitchen that is places to the back of the service space.
Trading hours on this business are currently:
Monday – Friday 09:30am – 03:00pm
Saturday – 09:30am – 04:30pm
Sunday – Closed
These hours could be increased as there are no restrictions to the trading hours.
Security Features
This business has never needed to consider security as there has never been problems within the area or the business, yet this could be something a new owner would like to set up if this is important to you. Without having any old systems to remove you have the freedom to choose your own trusted security set ups.
Fixtures and Fittings
The business comes with all equipment needed to get the new owner up and running, including:
2 Deep Fryers
2 Cookers
3 Freezers
3 Fridges
Till System
And lots more…
Alongside all the equipment you have get £700 worth of stock to make sure you have everything you need to set in through the doors and making profit from day one!
The business has a few seats to help people whilst waiting, consisting of 3 covers outside and 3 covers inside, making sure business can keep moving and customers are happy waiting or eating on the spot.
The business operates with a hot food license.
Staff
The current owner is the only member of staff working in this business, this shows your team can be very small as it is easily managed with one member of staff. Whether you want to work in this business yourself, have one member of staff, a team behind you or give members of staff part time days to work, the choice is all yours.
As the owner is very proud of their business they have agreed to stay and help the new owner with set up and showing how things work and run if they need the support. On top of this amazing generosity, they have also stated they could be available to help out and cover on occasions if the new owner has any problems.
Reason for the business sale
The reason for this business going up for sale is due to the owner having other commitments.
We do not anticipate for this opportunity to be on the market long so act fast and get your viewing booked in asap.
Viewing strictly by appointment only!
If you are interested, please contact us to discuss any sale enquiries or arrange a viewing on 0161 519 1205.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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