Completed sale
Lunchmate Food & Drink Business Acquisition by private buyer | Deal Summary
Lunchmate, a popular sandwich bar and coffee shop has been sold within 5 months.
Established in 2009 and based in Letchworth, Hertfordshire, the independent sandwich shop experienced high levels of repeat and regular custom of local residents, commuters and construction workers.
Offering a range of excellent foods to eat in the 10-cover café and takeaway, the menu includes hot breakfasts, sandwiches, paninis, toasties, wraps, soups of the say, salads, pastas and a selection of hot and cold beverages.
The team at Knightsbridge Business Sales delivered incredible results with 19 buyer viewings arranged, out of which 21% placed an offer. The business was sold to a trade buyer who owns a coffee shop in Cambridgeshire and will relocate to the Hertfordshire premise.
Our clients were delighted with the results of the sale and had a few words to share on the service they received: “We put our shop for sale with Knightsbridge as they were the most professional out of the agents we contacted. The phone was answered immediately and if they were busy they always called us back straight after.
“The number of viewers sent by them was incredible. Sara Manville, Jessica Aspinall and the team are knowledgeable, friendly, approachable and professional and felt like friends by the time it was completed.
“Our shop had a number of offers quite quickly and in the end, it was between two buyers and the sale went through last week. Jeannie and I wouldn’t hesitate in recommending Knightsbridge if you have a business to sell, in fact we have already sent two businesses to them.”