INDUSTRY

Food & Related Products

BUSINESS SUMMARY

High Quality Sandwich & Coffee Bar: member of well known franchise chain Confidentially offered for sale Ref No: AF071 Location: Central London Asking Price:£80000.This successful sandwich and coffee bar, part of a global franchise chain, was established by the current owner in 2004. Investment of more than £170,000 has resulted in a fully air conditioned, welcoming environment with seating capacity for fifty two people. The business is located in an extremely busy part of Central London, adjacent to an Underground station. Footfall is genuinely very high indeed. The location also benefits from being close to many office blocks, which not only generate much corporate catering demand, but also significant lunchtime trade. The business has the additional benefit of a large conservatory area, with much natural light – a most unusual feature in Central London.

	BUSINESS FINANCIALS
Asking Price: £80000
	GENERAL COMPANY INFORMATION
Organization Structure: Headquarters/Main Location: Home Based Time on lease/mortgage: N/A Is Business Relocatable? No
	MARKET OUTLOOK/COMPETITION
The business contributes, through the franchise fee, towards regular marketing campaigns and the running of the corporate website, where each individual location is featured. A telephone based ‘cold calling’ arrangement is in place to generate new business. A new owner could further grow the business by increasing local marketing activity especially towards the important corporate marketplace.
	DETAILS ABOUT THE SALE
Support & Training A full period of training, handover and familiarisation will be provided, both by the current owner and the franchisor, to ensure a smooth transition to new ownership. Reason for Selling The current owner is relocating abroad and wishes to dispose of his interest in the business. Is Management Willing to Stay? No Are You An Intermediary? No