Thriving Café And Catering Business In Suffolk | | Mildenhall Suffolk | | Café and outside catering business, Mildenhall, Suffolk T/O: £208,000 GP: 70% Scope to increase turnover Well-equipped Prime location Loyal customer base | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 61822
ADVERT IMPRESSIONS : 11,598 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Cafes | | SALE: | Agent Sale | LEASEHOLD: | £134,950 | ANNUAL RENT: | £8,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Angels Café occupies substantial ground floor premises ideally located on a busy industrial estate in Mildenhall, Suffolk. The premises benefit from ample private parking and are surrounded by a variety of complementary businesses. There are regular buses running through the area and the business boasts easy access to the A-road network. Mildenhall is a rural town set in picturesque countryside and the M11 motorway lies 27 miles away. Bury St Edmunds is less than 13 miles away and Cambridge lies approximately 28 miles away.
Business History
Preferred Commercial is delighted to offer for sale this thriving café and outside catering business, which was established in 2004 and has been in our client's careful hands since 2005. The business is only now offered to the market due to our client's wish to relocate. The premises are well-equipped to suit the trade with a large café area with tables and chairs for up to 40 covers and 2 kitchens. The business has an excellent reputation in the local area and enjoys much repeat trade and word of mouth recommendations. A high percentage of custom comes from Mildenhall and Lakenheath US Air Bases which are only about 1 mile away. Our client currently offers a wide range of high quality food to eat in or takeaway, along with outside catering services. The business trades 6 days a week and generates a turnover in the region of £208,000 per annum with a gross profit of 70%. We feel this could be further increased by utilising the store room and establishing more covers. The new owner could, if desired, generate more income by extending the trading hours and opening on Sundays, for which there is a high demand. This is an ideal opportunity to acquire an already thriving café and outside catering business in a prime trading position with huge scope for future development. Early negotiations with Preferred Commercial must come highly recommended.
Financial Details
T/O: £208,000 approx.
GP: 70%
Opening Hours
Mon - Fri: 7:00am to 3:00pm
Sat: 7:00am to 2:00pm
Sun: Closed
Accommodation Details
Substantial ground floor café premises with private parking. Briefly comprising:
Ground Floor
• Café area with large display counter, side counter with Internet access and tables and chairs for up to 40 covers
• Main commercial kitchen with a range of fitted units
• Secondary kitchen with freezer and wash-up area
• Large room currently used for storage
External
• Rear parking with spaces for up to 10 cars
• Paved and lawned area for tables and chairs
Tenure
Leasehold
Original length:5 years
Remaining: 5 years
Review: 5 years
Rent: £8,000 per annum | | | | | | FOR SALE | | | | | REFERENCE: | 2380 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
