Lakey & Co
South West
Lakey & Co Established 1983

BUSINESS FOR SALE

REF NO: CF568SW PRICE: £49,950

 

BUFFET BAR IN PASSENGER TERMINAL

DEVON

 


DESCRIPTION

This buffet bar is located within the large and spacious passenger lounge of the modern terminal building with excellent facilities for passengers.  The buffet serves passengers, staff, building workers and contractors, providing breakfasts, sandwiches, jacket potatoes and all types of snacks, as well as selling alcohol and cigarettes. There is also  a cabin operating in the busy summer months, selling hot and cold drinks, pasties, crisps, sweets and ice-cream. Trading under the VAT threshold, this is a lovely little business without competition in unique surroundings.

 

FIXTURES, FITTINGS AND EQUIPMENT

In the sales area are 5 postcard spinners, 4 sweets/bubble-gum dispensers, crisps and confectionery display units, drinks chiller and a new till. In the kitchen there are stainless steel workbenches, 2 combination microwave ovens and the main oven, a 4-basket chip fryer, griddle, panini grill and 2 toasters.  In the storage area are freezers and a trolley for delivering buffet meals. Equipment in the cabin includes a large display fridge, heated display cabinet, water heaters and fridges. Leased/loaned equipment includes the double-fronted Coca-cola chiller, and the coffee machine, as well as 3 games machines. The rented Pool table will shortly be owned by the business.  A full list of equipment included in the sale will form part of the contract of sale.

 

STOCK 

Stock to be sold separately at valuation (SAV)


PRICE - £ 49,950 for the goodwill, fixtures, fittings and equipment and the leasehold interest. (SAV)

 

VIEWING

Strictly by appointment only through Lakey & Co.


AGENTS COMMENTS

A rare opportunity to buy a unique business in an unopposed trading situation with guaranteed throughput of customers. Busy in summer and quieter in winter, this desirable little business in its enviable location is sure to attract much interest.


NOTE:
All purchase prices are plus Stock at Valuation (SAV) if appropriate.
Key to abbreviations: F/H - Freehold, L/H - Leasehold, ONP - Operating Net Profit, i.e. profit available after payment of expenses,common to any operator, but before personal items such as depreciation or drawings. SSTC - Sold subject to contract