Asking Price :

Adjusted Net Profit :

Asset Value :

Stock Value :

Years Established :

Employees :

Summary :

Busy Sandwich Bar located in the centre of Portadown.

Full Description :

O’Briens is a coffee and sandwich bar franchise which provides a well know brand name and a high quality image to the public. The brand has been established within Northern Ireland for many years with over 20 shops now in operation.

This shop has been operation for approximately one year with a current turnover of approximately £3,500 to £4,000 per week. This shop is operated as part of a larger number of shops, but it falls outside the business’s strategic plan and the partners have decided to dispose of the shop as a going concern.

Opportunities & Expansion :

The shop is currently operated with an employed manager, but it would be ideal run by an owner/manager who would provide direction and control within the shop area. Currently the owners do not operate any outside catering. The owners have completed market research in the Portadown area which indicates that outside catering would generate approximately £1,500 additional turnover a week.

Location Description :

The shop is located in the main street of Portadown. The shop is a stand alone unit with in the Magowan Building. The location also offers a central position for people to enter the shop as well as a central distribution point for outside catering to local business

Competition Market :

Competition is provided by local coffee shops who are unbranded. There would be no competition in the outside catering market

Franchise :

No

Site Location :

Portadown

Living Accomodation :

None

Leasehold/Freehold :

Freehold

Years left on Lease :

New Lease Available :

Yes

Rent :

47000

Rates :

12500

Approx. Sq Foot :

1554

Trading Hours :

Mon-Sat 8-6pm

What's forsale :

• The franchise, fixtures, fittings and associated promotional materials for the (valued at £200,000).
• The franchise for this shop comes with the sale at no additional cost to the new owner
• Stock is not included. (Estimated value of £10,000)
• Lifestyle opportunity
• Leasehold property with long lease (renewable)
• Fantastic location in development area
• Trusted and respected trading name with good reputation
• Goodwill
• Training and handover

Support & Training :

Owner will stay on to give training and introductions to existing clients and O'Brien's will provide the full back up from their in house support team

Reason for Selling :

Change in personal circumstance

Ecommerce Site :

No

HomeBased :

No

Relocatable :

Yes

Franchise :

No

Current Status :

Sold

Listing Status :

VERIFIED