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Profitable Cafe & Sandwich Bar in York with Growth Potential for Sale

York, North Yorkshire

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    12/04/24

  • Advert ID

    609696

  • Reference

    590449 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £275,000
  • Turnover: £800,868 (£15,401 Per week)
  • Net Profit: Not Applicable

Business Details

Cafe & Sandwich Bars For Sale in York

CAFE / RESTAURANT in York for Sale.

A wonderful opportunity to acquire this immaculately presented cafe / restaurant which has been tastefully decorated and well fitted throughout. Situated in a tremendous trading position, nestled amongst some major high street retailers and major financial institutions. Benefitting from a premises licence and full restaurant, cafe licence (formally A3/A4), the scope for even more growth is huge. The business is highly profitable, showing excellent net profits of £174,450 and achieves a very impressive turnover of £800,868 in easy hours whilst run predominantly by staff, however there is obvious potential here to do even more by extending opening hours and introducing an evening bistro (subject to any necessary consents). Our client is only reluctantly offering this highly profitable business for sale due to their ill health. VIEWING HIGHLY RECOMMENDED. The premises are held on lease and comprise ground floor reception area with waiter / coffee station with Sanremo Verona coffee machine. Further into the ground floor is the customer seating area with seating for circa 20 customers. Kitchen area. First floor seating area for circa 24 customers and waiters station. WC. Second floor seating area for up to 14 customers. Third floor seating area for around 12 customers. Basement storage. Externally is a very large seating area for approximately 32 customers. This store benefits from an air-conditioning system. EPC Band B.
Stock £3,500.
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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'Cafe & Sandwich Bars For Sale in York - 590449 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.