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Key Facts

[Ref: DBS070180]

Business For Sale : OUTSTANDING PATISSERIE WITH ACCOMMODATION
Location : Essex, UK
Asking Price: 85,000

Contact: Dedman Business Sales

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Business Description

Established in excess of five years ago by the current vendor the business is an outstanding patisserie where they use traditional artisan techniques with a modern method to produce a diverse range of pastries, tarts, breads and bespoke wedding and birthday cakes. The customer base spans a radius of approximately ten miles although orders for wedding cakes have been received from as far away as London. As well as retail sales the business benefits from regular wholesale orders from hotels, outside contractors etc. Due to their excellent reputation very little advertising is carried out with the business growing primarily through word of mouth recommendations. It is thought that the business would ideally suit an owner/baker and the set up costs five years ago were approximately

Rates

Rates payable £800 pa.

Property

Extremely well presented sales area with refrigerated display units, coffee machine and till, up to six covers. 16 covers outside shop. Fully tile secondary kitchen, main kitchen, staff toilet, rear store with large stainless steel freezer, walk in fridge. Garden at rear. ACCOMMODATION: Two bedroom with kitchen & lounge.

Legal Fees

Vendors and purchasers to meet their own contractual costs; purchaser to meet the reasonable costs in establishing any new lease.

Turnover

We are informed that the business turns over approximately £145,000 per annum with a gross profit of 62%.

Finance

The business should readily support loan finance subject to status. For further information please contact Dedman Business Sales.

Conditions of these particulars are issued by Dedman for themselves and for the vendors and lessors of this property whose agents they are give notice that: These particulars do not constitute, nor consitutue any part of an offer or a contract. All statements contained within these particulars as to this property are made without responsibility on the part of Dedman, or the vendors or lessors. None of the statements contained within these particulars are to be relied upon representations of fact. Any intending purchasers or lesses must satisfy themselves by inspection or otherwise, as to the correctness of each of the statements contained in these particulars. The vendors do not make or give any person in this firms employment any authority to make or give any representations or warranty in relation to this property.

Tenure

We are informed that there are 10 years remaining on the lease with a current rent of £10,500 pa.

Stock

To be purchased separately at valuation: approximately £600.

Trading Hours

Trading hours are 9.00 am to 4.00 pm Monday to Friday, 9.00 am to 3.00 pm Saturday. Summer trading: 9.00 am to 6.00 pm Monday to Friday, 9.00 am to 5.00 pm Saturday.

Staff

Family run with part time chef, driver and Saturday person.

Reason For Sale

The vendor is looking for a change of career.

 
 

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