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Exceptional Sandwich Shop for sale in Long Eaton

Long Eaton, Derbyshire

Asking Price £29,950
Turnover £78,000

Business overview

Food 2 U is a breakfast and lunch take away and delivery business serving Long Eaton, Nottinghamshire and surrounding areas. Our motto is simple, we serve quality freshly made food fast.

Business details

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Business description

We currently own two Food 2 U outlets this one in Long Eaton and another in Ilkeston, Derbyshire. We also have shares in a 3rd store that was the first family business started in 2007. We will retain our Ilkeston store as it is more convenient for our family and this ensures any prospective buyer will have a great local support network.
We have a strong social media following as well as two great online ordering platforms both of which are very busy and still have scope for further development as does the outside catering area of our business which could all add much more revenue. As could longer opening times. Its a busy main road with no less than 4 schools locally the afternoon catchment is available. My other stores do open earlier, this os mainly due to the rising costs of staffing. With the current wage bill in excess of £25k there are a number of ways to increase Net Profit for the new owner.
Our monthly turnover is solid and consistent and we currently employ 3 part time staff on 16 hours and one apprentice on 30 hours whom would be willing to stay to support the prospective new owners or could still be reduced to further increase net profit as neither current owner does regular shifts at the Long Eaton site.
The sale will include a 2009 Citroen Berlingo delivery van.
As previously mentioned we will retain the Ilkeston store and the shares in our third store so our support and desire for the Long Eaton branch to succeed would remain the same.
All viewings and inspections are welcome.

Business location

97 Tamworth Road
Long Eaton
Nottinghamshire
NG10 1BG

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