37 Cover Cafe Northants | | Undisclosed Northamptonshire | | NORTHAMPTONSHIRE 37 COVER CAFÉ Main high street location Fully equipped - Full range provided A/T; £100,000 GP: 70% Scope to open Sundays/sandwich rnd & buffets 2nd floor can be used for additional 24 covers L/H: £35,000+SAV REF: 9229NN | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 31099
ADVERT IMPRESSIONS : 37,141 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Cafes | | SALE: | Agent Sale | LEASEHOLD: | £35,000 | ANNUAL RENT: | £8000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | THE BUSINESS:
Advent Business Sales are pleased to offer to the market this very well established and popular café, which has excellent future potential.
Founded over 8 years ago and owned by the current vendor for 2 years, the business is only now being reluctantly offered for sale to enable them to pursue their other unrelated business commitments.
The café offers an extensive range of hot and cold foods and drinks, most of which are freshly prepared on the premises, they include:
• Soups
• Savouries
• Breakfasts
• Jacket potatoes
• Hot and cold filled sandwiches and rolls
• Hot and cold drinks
• Confectionery
• Crisps and cakes
In addition, they sell bread, milk, eggs and bacon.
The café has an excellent local reputation for quality at an affordable price with many customers returning on a frequent basis.
The business employs 2 full time staff including a vendor and 3 part time, 2 of which work approx 12 hours per week and 1 works 6 hours per week. They achieve excellent sales of circa £2,000 per week with a gross margin of approximately 70%
The café has 37 covers set in a fresh and pleasant environment with an additional 12 covers available for those wishing to eat alfresco style.
The business is fully equipped for purpose including:
• Griddle
• Ban Marie
• Microwave
• Rotary toaster
• Coffee machine
• Hot plate
• Table top hob
• 3m cold display sandwich filler
• 2 under counter fridges
• 2 chest freezers and 1 under counter
• Panini machine
• 2 dishwashers
• Computerised till
• Cold drinks chiller
We are advised that stock at cost is approximately £200.
REF: 9229NN
TRADING HOURS:
Mon – Fri: 7.45am – 2pm
Sat: 8am – 2pm
EXPANSION POTENTIAL:
There is excellent scope to increase both turnover and profits considerably by:
1. Having a sandwich round to the nearby factories
2. Offering a buffet catering service to local businesses
3. Open on a Sunday and possibly offering roast dinners
4. Convert the first floor, which is currently not used, to an additional seating area. A further 24 covers could be made, this would be particularly beneficial on Saturday’s when seating is at a premium.
FINANCIAL INFORMATION:
We have been advised by the vendor of the following:
Annual sales: £100,000
Gross Profit: 70%
Accounts will be made available to interested parties after a viewing has taken place.
Please let us know if you require finance for the purchase of a business.
BUSINESS PREMISES:
A mid terraced property arranged over 2 floors and briefly comprising of:
Ground Floor
• Side entry door into the café seating area with 8 of 4 chair tables arranged in front of the rear serving counter
• 5 seater breakfast bar in front of the window
First Floor
• Currently unused
TENURE: Leasehold
Original lease: 9 years
Remaining lease: 7 years
Review every: 1 year
Rent: £8,000 P.A.
We are advised that the annual business rates are currently: £1,400 | | | | | | FOR SALE | | | | | REFERENCE: | 9229NN / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
