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York Cafes and Sandwich Bars with High Profit and Growth Potential for Sale

York, North Yorkshire
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Cafe & Sandwich Bars For Sale in York Photo 1
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  • Status

    FOR SALE

  • Date Submitted:

    12/04/24

  • Advert ID

    609698

  • Reference

    590451 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £690,000
  • Turnover: £1,674,096 (£32,194 Per week)
  • Net Profit: Not Applicable

Business Details

Cafe & Sandwich Bars For Sale in York

GROUP OF THREE CAFE / RESTAURANTS in York for Sale.

An outstanding opportunity to acquire this impressive group of three cafe / restaurants which all enjoy prime positions in the very heart of York City centre, all surrounded by both independent and national high street retailers, shoppers, office workers, visitors and the hundreds of thousands of tourists which visit the city throughout the year.

Achieving a very impressive combined annual turnover of £1,671,096 and showing net profits of £308,501 whilst run predominately by staff in easy hours. All of the sites benefit from a premises licence and full restaurant, cafe licence (formally A3/A4) - the scope for even more growth is huge. For example, a new purchaser could introduce an evening bistro in some / all of the three venues and extend the opening hours into the evening to substantially boost turnover and profits (subject to any necessary consents). Our client is only reluctantly offering this business for sale due to their ill health. VIEWING OF THESE WONDERFUL ESTABLISHMENTS ARE HIGHLY RECOMMENDED.

Cafe One comprises: Spacious open plan ground floor seating area with space for approximately 12 covers with a mix of comfy seating and tables and chairs, counter featuring a two station coffee machine and two refrigerated display counters in the window. Feature staircase to the rear leads to the first floor with space for up to 30 covers. Second floor kitchen and WC. Third floor seating area for a further ten customers.

Cafe Two comprises: Ground floor reception area with waiter / coffee station with 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.

Cafe Three comprises: Ground floor cafe servery with coffee machine. Seating area offering space for six customers to the front. To the rear is a further seating area for 11 customers plus a further two covers in a side room. First floor commercial kitchen, waiters station and seating area for 12 customers. WC. Second floor seating area for 25 customers.
Stock £7,500.
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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.

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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.

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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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