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Cafe Diner In South Shropshire For Sale

Shropshire
Asking Price:
£84,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
£194,000
Net Profit:
£50K - £100K

This is now a very well established concern which enjoys all the considerable commercial advantages of a fantastic trading position amongst local businesses in a well known traditional Market Town in South Shropshire . Operating from well fitted and presented premises, the business currently primarily offers a full and varied in-house menu of classic hot and cold food, snacks, sandwiches, lunches, side orders, pastries and beverages prepared freshly to order in its fully equipped catering facilities and served in the pleasant surroundings of an attractively furnished dining area which may comfortably accommodate up to 40 covers. There is scope for continued growth, not least with regard to a degree of menu and product expansion, the possible provision of local delivery and outside catering services and to the possible introduction of trading longer hours in order to exploit year round local demand. The business would also benefit greatly by adopting a far more vigorous marketing policy of its excellent existing facilities and services, particularly with reference to the introduction of on-line advertising and ordering in order to improve upon the already high levels of turnover and profitability it has achieved since being established in its present form some nine successful years ago by the current owner and we would strongly recommend the earliest possible viewing to avoid disappointment.

Financial Information Current turnover in the region of £194000 per annum with huge scope to increase

Lease A new lease will be made available for the new incoming tenant
Rent The current rent stands at approximately £1200 per month

Business Rates We are advised that the Business Rates are Zero (tba)

Trading Hours Mon – Sat 7am – 5pm Sun 8.30am – 4pm

Staff – 1 full time Manageress 3 full time , and 4 part time – payroll circa £5000 per month .

# It is important to note if the business was completely owner run/couple this would indeed maximize profits even more .

Property Description Fitted and presented to good trade specifications throughout, these well maintained leasehold premises provide excellent and highly functional internal business accommodation which to the ground floor consists of an inviting glazed triple fronted public entrance directly off the High Street into a bright and welcoming in-house and takeaway customer service and waiting area which houses a full range of quality fixed and freestanding display furniture and shelving with preparation kitchen area with extraction system housing ample work surfaces, storage units, fitted sink unit and a full range of modern appliances. The main customer service area in turn affords to an attractively furnished and appointed in-house dining area which may comfortably accommodate up to 40 covers

To the exterior, the premises are well signed and presented and afford ample and inviting display window space on to a high footfall thoroughfare, in addition to an incorporating a good sized private service yard area with separate rear access

Fixtures & Fittings The business is well fitted throughout and a valuable inventory of equipment is to be included in the sale price circa £20000 (list available on viewing)

Tenure: Leasehold

Location Details: Centrally located in the High Street

Leasehold Term: Rolling lease at present , new lease available

Further information available upon request, please contact seller below for more details.

Property information

Property:

Leasehold

Lease Terms:

Flexible arrangement at present , new lease for new owner

Leasehold Rent:

£14,400 per annum

Location:

Centrally located on a very busy High Street, on road parking, plus council parking.

Premises Details:

One storey premises with a bakery section , kitchen and prep area

Energy Performance Rating:
F

Business Operation

Expansion Potential:

Needs to be owner run to maximise profits plus change product mix is also an option ..... well known for Breakfasts

Reasons for selling:

Business Diversification

Trading hours:

Generally 7-5 pm with flexibility

Employees:
Full and Part timers
Years established:
2008

Other Information

Support & training:

Handover period guaranteed

Contact Broker

Contact Information

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