Ref: GAT2172
Gator Business Sales is delighted to be able to offer for sale Xpresso Sandwich & Coffee Bar, a high volume sandwich shop that has been profitably trading in the same Andover location for in excess of 21 years.
Operating predominantly as a takeaway, although there is seating both inside and out for onsite dining.
Varied, but easily produced, menu of sandwiches and baguettes, panini, jacket potatoes, chilli, salad bowls, cake slices, muffins, brownies, etc. Complementing the food is a full range of espresso based coffee drinks, together with teas, hot chocolate, milkshakes and soft drinks.
In addition to the retail sales, Xpresso Bar also provides catering to local businesses. This service is always in high demand.
The premises are compact and easily managed. Of particular note, and a real benefit for a business of this type, is the availability of free parking directly outside.
By choice of the owner, Xpresso Bar currently operates convivial hours of 8.00am-2.30pm: Monday-Friday – closed weekends.
5 star FSA hygiene rating.
Very loyal clientele and fantastic social media reviews.
We understand that this is only the third time that Xpresso Sandwich & Coffee Bar has been offered for sale in over two decades of trading. It provides a great opportunity to purchase an established, well-equipped, and profitable business which enjoys a stellar reputation for both quality and service.
Please note: The vendor has requested that no direct approach should be made to them or their staff, and all requests for information need to be made via Gator Business Sales.
Property Details: Leasehold
Asking Price: £47,250 + SAV
Annual Turnover: £149,000
Employees: The owner is assisted by two self-employed individuals who each usually work 24 hours per week.
Location: Ideally located off a busy main road adjacent to complementary businesses and with free parking directly outside.
Premises Details: Well-maintained and presented single storey premises totalling approx. 29.7 sq m/320 sq ft.
Lease Terms: The current 10 year lease has a passing rent of £9,000 per annum + VAT, payable quarterly in advance.
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