Superbly Presented 38 Cover Licensed Urban Cafe | | Undisclosed Nottinghamshire | | NOTTINGHAMSHIRE SUBERBLY PRESENTED LICENSED CAFE & BISTO Located in upmarket area with high footfall levels Excellent reputation with full alcohol lic 22 internal & 16 external covers W/T: £1,800 Scope for full time working owner/couple with potential for evening opening L/H: £65,000 +SAV REF: 1161NG | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 67508
ADVERT IMPRESSIONS : 14,053 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Cafes | | SALE: | Agent Sale | LEASEHOLD: | £65,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
Well known cafι/bistro in vibrant and affluent area of large conurbation
Busy commercial/residential area offering significant trading opportunities
Ample street parking for customers with outside seating to rear
Densely populated location with significant levels of footfall
HISTORY
Established as a cafι 5 years ago
Acquired by vendor 3 years ago
Significant improvements made with substantial expenditure on many items of equipment
Now offered for sale in excellent order inside and out
Good client base now firmly established generating takings of £1,800 per week and incresing weekly
Distinctive branding introduced with excellent reputation forged
Family friendly
REASON FOR SALE
Vendor is seeking a change of lifestyle having built up an excellent business
PRODUCTS
Superb range of coffee with excellent local reputation
Home made pastries, cakes & chutneys
Breakfast & lunches
Daily specials
Sandwiches & baguettes
Paninis
Full range of soft drinks and non alcoholic beverages
Sandwich orders for local businesses
A unique and individual menu is offered
CUSTOMERS
Meeting place for business and social occasions
Busy breakfast trade
Families
Strong regular repeat trade from local residents
Some retail sales
SUPPLIERS
Products sourced through various trade sources
Cakes and pastries home made
Policy of using local produce wherever possible
STAFF
Vendor
9 part time
TRADING HOURS
Monday 9am to 5pm
Tuesday & Thursday 8.45am to 5pm
Wednesday 8.45am to 3pm
Friday 8.30am to 4pm
Saturday 8am to 4.30pm
Sunday 9.30am to 2.30pm
FINANCIALS
Weekly takings approximately £1,800 with margin close to 70%
Excellent level of net profit could be increased further by working couple or family
PREMISES
Prominently sited lock up cafι comprising briefly:
Cafι with 22 covers inside
o Refrigerated display counter
Fully equipped kitchen area, open to public view, with
o Griddle
o Refrigerator
o Coffee machine
o Hob
o Deep fat fryer
Shed
o 2 freezers
External seating area with 16 covers on decked seating area
Alarmed
Off road owners parking
TENURE
Leasehold
5 years remaining of a 8 year lease
Rent £10,500 per annum
Rates nil
STRENGTHS
Excellent location in urban area
Leafy suburb with middle and higher income demographic
High level of footfall
Consistently profitable with predictable weekly takings
All fixtures and fittings included within consideration price
Full alcohol license
Web domain held
Monthly street market near by
SCOPE
Cost savings for husband/wife team or family run business could be considerable
Outside catering
Sandwich rounds
Evening opening with possible change of emphasis to bistro/restaurant trade
Development of internet site (web domain held)
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). | | | | | | FOR SALE | | | | | REFERENCE: | 1161NG / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
