Speciality Asian Confectionery Business in High Wycombe, Buckinghamshire For Sale

HP11 2RF High Wycombe


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This business is marketed by

Hilton Smythe View more business for sale by this agent

BUSINESS
Hilton Smythe is delighted to welcome to the market this well-established speciality Asian confectionery business in High Wycombe, Buckinghamshire. The business was established by our client in 2009 and is only now being offered to the market due to our client`s desire for a well-deserved retirement. The business operates 7 days per week and generates a turnover in the region of £306,000 per annum, with a good gross profit. The turnover is derived from the sale of confectionery and worldwide money transfers, which is approximately a 50/50 split.
 
Our client offers a wide range of traditional Asian and Middle Eastern sweets and confectioneries, all of which are made from high quality ingredients, including Barfi, Ladoo, Gajar Halwa, Ghulab Jaman, Chum Chum and Samosa Chaat, as well as birthday/celebration cakes. We feel the turnover could be increased by extending the opening hours of the business, as well as establishing a website for the business to promote the goods and services offered.
 
The shop has built up an excellent reputation within the area for the high quality of goods offered and is well supported by the local community and further afield, which has resulted in a very loyal client base, with a large amount of repeat trade and word of mouth referrals. We feel this is an excellent opportunity for a new owner to take this profitable business to the next level; therefore early viewing must come highly recommended to avoid disappointment.


LOCATION
Al-Madina Sweet Centre occupies ground floor lock-up premises, ideally located in the thriving town of High Wycombe, Buckinghamshire. The business boasts a prominent trading location within a small parade of complimentary shops. The shop is ideally located on a main road running through the town and enjoys a high volume of footfall and a vast amount of passing trade. The business is surrounded by densely populated residential areas, from which the business derives much of its trade.
 
High Wycombe is a combination of an industrial and market town, with a traditional emphasis on furniture production. There has been a market held in the High Street since at least the middle ages. According to the 2011 census, High Wycombe has a population of 120,256 residents, making it the second largest town in Buckinghamshire.
 
The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property. The nearest railway station is just over one mile away. The area is also well served by the A-roads, with the A40 and A4010 being within easy driving distance, which link to the vast A-road and motorway networks. Oxford is approximately 30 miles away, Reading is 19 miles away and the City of London is 32½ miles away.

PREMISES
Ground floor lock-up premises in an excellent trading location, briefly comprising:
 
Main sales and display area with:
 
Multiple free standing display shelving for a large range of dried goods and baking ingredients.
Glass display cabinets.
3 x wooden shelves displaying empty gift baskets to be filled by customers.
Standard height glass door display cabinet.
Ice cream freezer (Walls branded).
Ice cream freezer inside window display area (normally for Summer use).
Double width serve over chiller unit.
Single width serve over chiller unit.
Single width heated serve over unit.
 
Staff service area with:
 
Preparation worktops with under storage cupboards.
Baumatic microwave oven.
Casio electronic cash register.
Brother all in one printer/copier/scanner.
Star branded money UV light.
PC, mainly used for money transfer services.
Credit/debit card terminal.
Telephone.
Full height two door chiller unit.
Multiple shelving and storage areas.
 
Rear kitchen/staff area with:
 
Deep fat fryer.
Low level, single burner gas operated hot plate with gas bottle.
Single stainless steel sink and drainer with under cupboard.
 
Door leading to staff WC and shower.
Door leading to side pathway.
 
External with:
 
Signage above entrance.
CCTV with 5 x cameras.

TENURE
We are advised Leasehold:
 
Original lease length: 15 years
Remaining lease length: 9 years
Rent: £10,000 per annum

HOURS
The business is open:  
 
Monday - Sunday: 11.00am - 9.00pm

STAFF
The business is owner run and managed with 1 x staff member.
FINANCIAL PROFILE
The business operates 7 days per week and generates a turnover in the region of £306,000 per annum, with a good gross profit. The turnover is derived from the sale of confectionery and worldwide money transfers, which is approximately a 50/50 split.


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business information

Sale price: Price on application
Tenure : Leasehold
Status: Available
Sectors:
Chocolate Shops
Sweet Shops
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