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Cafe And Takeaway In Kings Lynn Norfolk

Kings Lynn Norfolk
Café/Takeaway, Kings Lynn, Norfolk T/O: £57,200 GP: 55% Run at pace to suit 26 covers Huge scope for growth Ideally located
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 70197
ADVERT IMPRESSIONS : 9,940 TIME(S)

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

LEASEHOLD:

£49950

ANNUAL RENT:

£12000
 

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BUSINESS DETAILS:

Location
Di Figaro's is ideally located on a popular parade of shops at the Rainbow Centre, on the outskirts of King's Lynn in Norfolk. The business is next to a large supermarket and benefits from a high footfall. The centre lies just off the busy A148, which leads to the town centre, approximately 3 miles away. Di Figaro's is surrounded by a densely populated residential area from which it draws much trade. King's Lynn is a vibrant market town and sea port, which boasts a wealth of historical building and architecture as well as being the principle shopping area for West Norfolk. The town lies approximately 44 miles west of Norwich and approximately 30 miles from Peterborough.

Business History
Preferred Commercial is pleased to offer for sale this popular café and takeaway, which was established in 2004 and which has been in our client's hands since 2010. The business is only now being placed on the market due to our client's wish to relocate. The business is currently operated at a pace to suit our client and only opens on an evening, generating a turnover in the region of £57,200 per annum with a gross profit of 55%. There is huge scope for a new owner to increase turnover by opening at lunchtimes and perhaps increase the delivery service. The takeaway offers a variety of fast foods including pizzas and burgers. There is a well-presented café area offering 26 covers and a customer waiting area. We feel this is an ideal opportunity to acquire a well-located café and take away with immense scope for future growth. Early discussions with Preferred Commercial must come highly recommended.

Financial Details
T/O: £57,200 approx.
GP: 55%
Run at a pace to suit

Opening Hours
Mon - Sun: 4.00pm - 10.00pm
Scope to open lunchtimes

Accommodation Details
Single storey lock-up café and takeaway premises ideally located with ample car parking in supermarket car park. Briefly comprising:

Ground Floor
• Café area, presented in a modern style and offering 26 covers, takeaway waiting area with 2 x sofas and coffee table, service counter with chilled display unit, hot cabinet, hot water urn and soup terrine, second service counter with cash register, coffee machine and 2 x under counter refrigerators
• WC with disabled access
• Kitchen with pizza oven, commercial double fryer, small double fryer, griddle, 6-burher hob and oven, 2 x upright refrigerators, upright freezer, stainless steel commercial refrigerator, small griddle, 2 x microwave ovens, 6 x stainless steel preparation tables, commercial double bowl sink unit, bag warmer, scales, toaster, extractor canopy and hand wash basin
• Staff WC

External
• Paved frontage with additional 24 covers
• External store to rear with upright refrigerator, 2 x chest freezers and racking and shelving to suit

Tenure
Leasehold
Original length: 15 years
Remaining: 9 years
Review: every 3 years
Rent: £12,000 per annum
   
  FOR SALE
   

REFERENCE:

2854 / RightBiz
   
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