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Busy City Centre Cafe In Pedestrianised Thoroughfare

Undisclosed Cambridgeshire
BUSY CITY CENTRE CAFE IN PEDESTRIANISED THOROUGHFARE Busy area nr destination shopping area 44 covers plus 16 external - refurbished @cost of £25k W/T: £3,500 - Scope to offer t/a & extend hours -licenced to midnight Substantial savings for working couple L/H: £129,950 +SAV REF: 1066CB
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 64107
ADVERT IMPRESSIONS : 15,898 TIME(S)

 
BUSINESS SECTOR: Catering
TRADE TYPE: Cafes
SALE: Agent Sale

LEASEHOLD:

£129950
 

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BUSINESS DETAILS:

LOCATION

• Superbly sited on pedestrianised street in a busy area of central Cambridge
• Wonderfully presented following refurbishment in 2010
• Extremely high footfall within destination shopping area
• Close to central Cambridge parks and Grafton Centre

HISTORY

• Coffee shop business on site for many years
• Developed and fully refurbished by vendor over last 12 months
• New menus and seating area introduced
• Reputation considerably enhanced during vendor’s ownership

REASON FOR SALE

• Alternative and competing business priorities

PRODUCTS/SERVICES

• Full range of meals and snacks with a mix of European and traditional English dishes
o Soups & salads
o Paninis & wraps
o Sandwiches & baguettes
o Jacket Potatoes
o Pizzas & burgers
o Daily Specials
o Cakes & desserts
• Full range of non-alcoholic beverages
• Waiter/waitress service offered

CUSTOMERS

• Shoppers
• Good breakfast trade from construction workers
• Affluent customers during the day
• Student population

SUPPLIERS

• Quality ingredients sourced locally, including meat, poultry, fish and bread
• Range of traditional industry cash and carry suppliers

TRADING HOURS

• All week 8.30am to 4pm
• Licenses to midnight to eat in or take away

STAFF

• Vendor work only part time in the business in a management capacity
• 1 full time chef
• 1 part time chef
• 2 full time and 4 part time service staff

FINANCIALS

• Current turnover up to £3,500 per week
• Excellent level of net profit

PREMISES

• Traditional ground floor cafι in busy terrace of shops within pedestrianised area and with rented flat above
• 44 internal covers following refurbishment at a cost of £25,000
• 16 pavement covers
• First floor restaurant with 40 covers
• WC
• Refrigerated glass counter display
• Fully equipped commercial kitchen comprising:
o 6 burner hob
o Coffee machine
o Griddle
o Salad bar
o Toaster
• Office
• 2 refrigerators
• 2 freezers
• 2 bedroom flat above with living room and kitchen

STRENGTHS

• Superb location in affluent bustling city
• Recently refurbished to a high standard
• Excellent reputation now established
• Extremely high levels of footfall
• Take away license through to 12 midnight

SCOPE

• Takeaway
• Evening opening
• Business development activity
• Outside catering
• Scope to revise menus and increase pricing
• Significant cost savings for a working couple

DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises
   
  FOR SALE
   

REFERENCE:

1066CB / RightBiz
   
  Request more information about this business..

ENQUIRIES:

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