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**REDUCED**Popular Local Café in Croydon

Croydon, London
Leasehold Price:
£70,000
Status
FOR SALE
Advert ID
215450
Reference
R05915 / Rightbiz
    Longstanding business

    Varied menu choices

    Well-equipped premises

    Central location

    Loyal client base

This is an unmissable opportunity to acquire a well-established café which possesses a strong customer base and an unrivalled location reputation to match.Its prime location and following of regular clients has allowed the business to experience immense success, leading it to generate a high annual turnover of £130,000.Appealing to a current café owner looking to prosper from a large client base or individual wishing to take on a robust local business, a new owner could take steps to grow the business further.Implementing marketing techniques such as through social media or flyering in the area would attract new clientele, particularly if special offers were promoted. Converting the first floor to accommodate even more covers would allow for this increased custom. Taking on additional staff will also be beneficial as only 2 part-time staff will remain after the sale.Intelligent Business Transfer are now searching for a suitable buyer.
Listing Details
Leasehold Price: £70,000
Tenure: Freehold
Tenure: Leasehold
Tenure: Other
Location: Croydon, London
Sector: Catering Businesses, Cafes
Financials
Annual Turnover: £124,503
Annual Net Profit: £10,489
Contact Agent
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Advert Reference: R05915 / Rightbiz
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