Business Details

Sandwich Bar ( Tyne & Wear ) - North East England

Business ID : 2134

Leasehold £28,000 - Retail
Turnover: £40000Gross Profit: 70%  Add to Favorites Print

This sandwich bar is ideally situated on the busy A193 road in Wallsend, The business is located in a parade of complementary shops and businesses, and surrounded by a densely populated residential area. The main road is very busy and the business enjoys a high footfall and much passing trade. The A19 trunk road, which leads to the newly refurbished Tyne Tunnel, lies under ½ mile away. There is also ample unrestricted parking directly outside the premises. Newcastle  lies approximately 5 miles to the west and North Shields lies approximately 2 miles to the east. Wallsend is a historic town situated on the River Tyne, and dates from Roman times.

Business History
We are delighted to offer for sale this sandwich shop and deli, which was established in the 1950s and which has been in our client’s careful ownership since 2013. The business is only now being offered to the market due to our client’s other business interests. This sandwich shop and deli achieves an annual turnover of £40,000 with a gross profit of 70%, derived from the sale of hot and cold sandwiches, breakfasts, dinners and a range of homemade confectionery. The deli has an excellent reputation for the quality of its food. Our client advises that the business would benefit further by offering a delivery service to local businesses, and perhaps a catering service for corporate events. The property is well-presented and has a small internal breakfast bar seating area and a further six external covers on the forecourt. The business currently only trades 30 hours a week and would benefit from longer opening hours, with the possibility of trading over the weekend. We are also advised that much of the electrical equipment has been recently purchased. This is an ideal opportunity to acquire a well-presented sandwich bar and deli in a prime location on a busy main road. Early negotiations come highly recommended

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