5* EHO Rated Delicatessen, Sandwich and Coffee Bar For Sale in Sidmouth Devon, £49,995 Leasehold
Sidmouth, Devon
- Status
FOR SALE
- Date Submitted:
19/09/23
- Advert ID
599824
- Reference
GD35879N / Rightbiz
- Call Agent:
- Leasehold: £49,995
- Turnover: £92,055 (£1,770 Per week)
- Net Profit: Not Applicable
Business Details
DELICATESSEN SANDWICH BAR COFFEE BAR
Popular DELICATESSEN/SANDWICH BAR/COFFEE BAR, situated in the sought after EAST DEVON coastal town of SIDMOUTH, host to a substantial resident population and busy holiday/visitor destination. Occupying a lucrative edge of town centre trading position, fronting main approach road to town centre, also a very busy pedestrian thoroughfare, surrounded by other businesses, international school, primary school, hospital, and car parking, bordering residential areas ensuring regular passing trade.
Easily manageable eye catching premises, holding a 5* EHO rating and an alcohol licence, benefiting from low overheads. Providing customer bar style seating, retail areas, refrigerated serve over deli/cheese counters, and coffee station. Adjoining kitchen/wash-up area and storage, additional unused storage facilities and cloakroom.
A renowned business, continuing to grow, still offers further opportunities. Retailing items not found in supermarkets, in particular niche Italian lines. Offering food and drinks to eat in or takeaway, includes sandwiches and Paninis, teas and coffees, the business holding exclusivity in the town for its branded coffee. Also offering platters which prove popular, and hampers if required. An easily manageable business which can be operated by 1 person, Sales 2023 £92,055 ex Vat and increasing, Gross Profit £55,623 (60%), low overheads ensuring sound profits, enjoying regular local trade from residents and businesses, together with visitor trade.
Leasehold £49,995 sav Ref: GD/SB/TR35879N
VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01404 813762.
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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.
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Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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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.
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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.
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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.
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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.
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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.'.
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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.
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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.
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