business for sale

Bakery with retail Retail Bakery with Tea Room Two separate leasehold premises included in this sale

Businesses for Sale

Sale Memorandum

Bakery with retail Retail Bakery with Tea Room
Two separate leasehold premises included in this sale


Ref.AF027

Location Kent & Surrey

Asking Price £25,000

Confidential offered for sale


Finance available to buy this business subject to status. All regulated business is passed to independent financial advisors who are regulated by the FSA
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Asking price includes

Prominently situated in Prime positions

Well-presented premises in excellent condition

Many years of successful operation

A long and respected reputation

Friendly and helpful service

Fully equipped premises

All fixtures and fittings

Training and handover

Good cash business

Advertising

Goodwill

Business profile:

Business Profile:
This unique business opportunity is the sale of a well-established bakery with retail and a retail outlet with tearoom, each have earned an excellent reputation for our client who has run the businesses for a period spanning seventeen years.

These successful and hugely popular shops are well located in prime positions in desirable Kent and Surrey market towns and produce excellent, delicious quality fresh bread, cakes and confectionery through the two outlets.

The business is well known for its quality traditional British products, all bread products, cakes, confectionery and patisseries are freshly made & baked within the bakery. This extremely well equipped bakery employ a full time baker and are the only retailer in the area to offer this service from their modern craft bakery.

This excellent business is highly regarded for its fine hand crafted food products. Customers will always find a distinctive test and texture in the freshly baked food products that bring together traditional hand crafted techniques with the best equipment modern technology can offer.

Customer Service:

This business does everything possible to enhance their excellent reputation and to develop commitment to customers' needs. Over seventeen years this bakery has earned a considerable reputation for the best locally sourced product, freshly cooked bread, and superb service.

Key Strengths:
This business has been trading for seventeen years with proven track record of success for their friendly and helpful service, very good products and reasonable prices.

The business has been built on solid foundations and with prudent management. Given the same common sense approach a significant growth in profitability is inevitable.

Key Opportunities:

There is great potential to expand into wholesale trade & deliveries, expanding the opening hours & introducing outside catering for a variety of functions.

This is an excellent opportunity in lovely locations, sales continue to grow and there is great potential for someone prepared to put in the time to make this highly regarded business even better.

We feel that this profitable business opportunity would ideally suit a purchaser with energy and vision to extend working hours and to include a sandwich and buffet service to considerably increase the present weekly takings.
Premises:

The business operates from two well-presented and appointed premises, and enjoys a healthy turnover and profits.

On entrance to the tearooms you are first greeted with a seating area together with display and service area containing delicious cakes, all of which are baked on the premises and with the retail sales area to the side and modern commercial baking area at the rear.

The shops are situated on a main through roads, which benefits from a high passing trade. There is ample service road parking outside. The business deals in retail & trade with a large loyal customer base.
Advertising and Marketing:
Advertising has included yellow pages, local press, Thompson Directory and public relations, with a high proportion of the business’s revenue being due to strong word of mouth recommendation, bearing testimony to the excellent reputation the bakery has throughout the area.

The business has a new website which has performed well with tangible and profitable business being forthcoming.
Growth and Expansion: This is a very busy traditional bakers/confectioners. Although well established (and well frequented) the business is forward looking and expansive. As well as a reputation for an extensive range of English and Continental fresh breads and confectionery (made on site), there is obvious scope to implement the introduction of a takeaway menu to include pizzas, bake-off items etc, to branch into the sandwich and savoury side of this business would help to boost profits even more.
Financial profile:
Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

The bakery has a high profit margin due to the baking of its own produce. It has also had a steady increase in turnover from year to year.
Employees: The business currently employs a loyal core workforce of four highly motivated, talented, friendly and helpful staff.
Support and Training:

The owner will provide full business familiarisation, training and handover.
Reason for Sale:
After seventeen happy, prosperous years in the business, the owner now feels tired and no longer has enthusiasm to take the bakery to the next level. He intends to enjoy the fruits of his labour and spend more time with his family.

The bakery comes fully operational and a new owner with drive and energy will carry this business forward.
Turner Butler Disclosure Statement:

This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')

The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.

For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into

The Information provided is not intended to address your particular requirements. Further the Information does not constitute any form of advice recommendation representation endorsement or arrangement by Turner Butler and is not intended to be relied upon in making (or refraining from making) any specific decisions.

Any agreements transactions or other arrangements made between you and any client of Turner Butler are at your sole risk and responsibility. The prospective sellers of the Business have provided the Information to Turner Butler. The Information has not been verified by Turner Butler.

You must carry out your own due diligence and satisfy yourself as to the accuracy of all matters. In the case of the sale of shares in a Business the Information has been prepared on the basis that the shares will consist of or include more than 50% of the voting shares and that both the seller and the buyer is either a body corporate, a partnership, a single individual or a group of connected individuals so as to fall outside the scope of regulated activities as defined by the Financial Services and Markets Act 2000. If you are considering a transaction which falls within the scope of such regulated activities you cannot do so through Turner Butler.

Appropriate professional, legal and accountancy advice should be obtained before making or refraining to make any decision.

Turner Butler does not accept any responsibility or liability for loss or damage of any nature that may occur by reliance on the Information. Neither Turner Butler nor any of our employees or agents makes any representation as to the completeness or accuracy of the Information nor do we accept any liability for any losses, costs, liabilities or expenses which may arise directly or indirectly from your use of, or reliance on the Information.

This document is governed by and shall be construed in accordance with English Law and any dispute arising in connection with it shall be subject to the non-exclusive jurisdiction of the English courts

Turner & Co (GB) Limited registered in England and Wales under company no. 2477988 of registered office Savoy House Savoy Circus London W3 7DA, trading as Turner Butler © Shaun Sweeney October 2006

Next steps

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