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Profitable Cafe and Sandwich Bar in York City Centre for Sale

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

    FOR SALE

  • Date Submitted:

    12/04/24

  • Advert ID

    609700

  • Reference

    590448 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £185,000
  • Turnover: £432,680 (£8,321 Per week)
  • Net Profit: Not Applicable

Business Details

Cafe & Sandwich Bars For Sale in York

CAFE / RESTAURANT in York for Sale.

A fabulous opportunity to acquire this impressive cafe premises which enjoys a prime position in the very heart of York City centre, surrounded by both independent and national high street retailers - this area is bustling all day long with shoppers, shop workers, office workers, visitors and the hundreds of thousands of tourists which visit the city throughout the year. 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 £73,012 and achieves a very impressive turnover of £432,680 whilst run entirely by staff, however there is obvious potential here to do substantially more by extending opening hours into the evening (subject to any necessary consents). Our client is only reluctantly offering this highly profitable business for sale due to their ill health. The premises are held on lease and comprise 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 Sanremo Verona 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. This store benefits from an air-conditioning system throughout.
Stock £2,000.
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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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