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THIS BUSINESS IS NOW UNDER OFFER

UNOPPOSED A3 CAFE & SANDWICH ROUND ON INDUSTRIAL ESTATE

Colchester, Essex
Status
UNDER OFFER
Advert ID
259482
Reference
C6102E / Rightbiz
Leasehold Price: £59,999
Annual Turnover: Available upon request
Annual Net Profit: Available upon request

UNOPPOSED A3 CAFE with an additional SANDWICH ROUND and 2 SIGNED VEHICLES located on a VERY BUSY INDUSTRIAL ESTATE - COLCHESTER. The business has been ESTABLISHED SINCE 1986 and been operated under SAME OWNERSHIP SINCE 2002. Offering a HUGE MENU with some HOME MADE OPTIONS along with BUFFETS and boasting 60 CORPORATE CLIENT LIST, the business has a HIGHLY ENVIABLE REPUTATION. Turnover on accounts for the period ending 30th September 2019 show net sales of £213,039 with a gross profit margin of approximately 55%. We are advised that sales pre covid averaged approximately £5,000 per week. Current rental £16,260 per annum exclusive and ZERO BUSINESS RATES PAYABLE.

Listing Details
Location: Colchester, Essex
Sector:
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Advert Reference: C6102E / Rightbiz

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