Cafe | | Undisclosed West Midlands | | Situated in a Parade, excellent trading position, residential, office and commercial area, WEST MIDLANDS. | | ADVERT NUMBER : 46867
ADVERT IMPRESSIONS : 17,718 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Cafes | | SALE: | Agent Sale | LEASEHOLD: | £40000 | | | | | BUSINESS DETAILS: | Features : SUMMARY:
• PRICE (LEASEHOLD) £40,000
• 6 DAYS OPENING
• GROSS PROFIT 80%
• TURNOVER £1,000p.w.
• SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S ILL HEALTH.
DESCRIPTION:
Single fronted, medium sized premises, tiled floor, sales counter, Tables and chairs providing seating for 28 people, electronic cash register.
Separate level kitchen, cooker, 2 small fryers, griddle, Panini toaster, etc..
• Office.
• Staff toilet with w.c. and wash hand basin
Location : Situated in a Parade, excellent trading position, residential, office and commercial area, WEST MIDLANDS.
Opening Hours : 6 Day week (Monday - Saturday) 8am - 3pm
Turnover : WE ARE INFORMED by the vendor the turnover averages £1,000 p.w. Gross profit 80% approx. We are also informed that the NET profit is £500 p.w. approx.
Tenure : We understand the premises are held on a secure renewable lease from the private landlord and currently has 4 years unexpired next review in 1 year with reviews every 3 years at a rent of £6,500 p.a.
Uniform Business Rates: £635 p.a. approx. + water rates.
Price : TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £40,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Staff : The business is at present operated by of the 1 partners | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
