Thriving Town Centre Café In Spennymoor County Durham | | Spennymoor County Durham | | Café Spennymoor, County Durham T/O: £68,000 GP: 58% Huge scope Well-equipped Prime location Huge loyal customer base | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 68992
ADVERT IMPRESSIONS : 7,429 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Cafes | | SALE: | Agent Sale | LEASEHOLD: | £35,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Fulltums Café occupies ground floor lock-up premises, ideally located on a busy high street in the town of Spennymoor, County Durham. The cafe is surrounded by a wealth of complementary shops and businesses and benefits from a high footfall and much passing trade. There are numerous bus routes serving the area, with bus stops adjacent to the premises. Spennymoor is an affluent town surrounded by picturesque countryside. The town is popular with commuters and is a desirable place in which to live and work. The premises boast easy access to the A-road network and the A1(M) is 4 miles away. Durham lies 7 miles to the north, while Newcastle and Sunderland both lie less than 22 miles away.
Business History
Preferred Commercial is delighted to offer for sale this thriving café, which was established in 1999 and has been operated by our client since 2006. The café is only now offered to the market due to our client's ill health. The business trades 6 days a week and generates a turnover in the region of £68,000 per annum with a gross profit of 58%. The café offers a wide range of quality home cooked food, to eat in or take away. We feel the turnover could be increased by introducing a delivery service and perhaps embarking on a modest marketing campaign. There is also scope to establish an outside catering service and a website to advertise the service. The business has a large loyal customer base, enjoying much repeat trade and word of mouth recommendations from the local contractors. The cafe runs a loyalty card scheme and has been awarded a 5 star hygiene rating. We have been advised that the café opens evenings to accommodate the large trade generated by the town's annual music festival. Our client is willing to stay on and assist in a handover period. This is an ideal opportunity to acquire an already busy café with huge scope for future growth. Early viewing is highly recommended.
Financial Details
T/O: £68,000 approx.
GP: 58%
Opening Hours
Mon - Sat: 8:00am to 3:00pm
Sun: Closed
Accommodation Details
Ground floor lock-up café premises on a busy high street. Briefly comprising:
Ground Floor
• Café area with tables and chairs for up to 16 covers, counter with 2 x chilled glass displays, commercial coffee machine, blackboard, work surfaces, ice cream machine, electronic cash register and glass display refrigerator
• Storeroom with spare parts for appliances
• Commercial kitchen with 6-burner oven, 2 x fryers, grill, 6-pot Bain Marie, microwave oven, fridge-freezer, dishwasher and stainless steel worktops
• Storeroom
• WC with wash hand basin
External
• Delivery yard to rear
Tenure
Leasehold
Original length: 5 years
Remaining: 3 years
Review: every 5 years
Rent: £4,700 per annum | | | | | | FOR SALE | | | | | REFERENCE: | 2783 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
