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Coffee shop and café with catering in Exeter Devon available for sale

Exeter, Devon
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COFFEE SHOP/CAFE & IN HOUSE CATERERS Photo 1
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COFFEE SHOP/CAFE & IN HOUSE CATERERSCOFFEE SHOP/CAFE & IN HOUSE CATERERSCOFFEE SHOP/CAFE & IN HOUSE CATERERSCOFFEE SHOP/CAFE & IN HOUSE CATERERSCOFFEE SHOP/CAFE & IN HOUSE CATERERSCOFFEE SHOP/CAFE & IN HOUSE CATERERSCOFFEE SHOP/CAFE & IN HOUSE CATERERSCOFFEE SHOP/CAFE & IN HOUSE CATERERSCOFFEE SHOP/CAFE & IN HOUSE CATERERSCOFFEE SHOP/CAFE & IN HOUSE CATERERSCOFFEE SHOP/CAFE & IN HOUSE CATERERSCOFFEE SHOP/CAFE & IN HOUSE CATERERSCOFFEE SHOP/CAFE & IN HOUSE CATERERSCOFFEE SHOP/CAFE & IN HOUSE CATERERSCOFFEE SHOP/CAFE & IN HOUSE CATERERS
  • Leasehold: £29,995
  • Turnover: £59,666 (£1,147 per week)
  • Profit: Not Applicable

Business Details

COFFEE SHOP CAFE & IN HOUSE CATERERS



Daytime COFFEE SHOP/CAFÉ and IN-HOUSE FUNCTION CATERING opportunity. Contained within a large community hub, easily accessible, situated on the edge of EXETER CITY CENTRE, short walk main shopping areas and railway stations, close car parks, schools and college buildings, also surrounded by residential areas, ensures regular trade, proving a popular place to meet.

Attractive well-presented and maintained premises, forming part of large building which is host to numerous organisations and businesses, also provides space for meetings, functions and events, popular with local clubs and societies, some 30 meeting rooms available, some being able to accommodate up to 40 persons, the building being the subject of considerable investment over the years.

The premises provide reception area, 18 cover dining area with scope to expand and create an additional 20 covers, comprehensively equipped servery counter to include new coffee machine acquired at considerable expense, preparation/wash-up room, and cloakrooms, also benefiting from 2 attractive alfresco dining areas within the gardens, providing a further 28 covers, prove very popular and valuable. Enjoying favourable overheads, rent amounting to only £177 per week to include all utilities (electric, water, rubbish collection, internet, service charge), and receiving 100% business rate relief.

An established popular destination business with strong following providing regular trade in addition to the regular on-site catering for offices, functions, and events which proves lucrative. Serves easy menu, and trades easy hours, Monday to Friday 9.00am through to 3.30pm. Sales £59,666, Gross Profit £40,735 (68%), the minimal overheads ensuring sound profits approaching £30,000 to owner operators, with scope to develop business further through longer opening hours and offering private functions.

Leasehold £29,995 sav, Ref: TR36625N

VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01404 813762.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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