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An Excellent Opportunity To Acquire A Well-established And Highly Profitable Cafe/bistro In A Prime Residential Location For Sale

Essex, UK
Asking Price:
£69,000
Turnover:
£166,400
Net Profit:
Undisclosed

FORECOURT WITH SEATING FOR 8 PEOPLE

DOUBLE FRONTED PREMISES in the region of 735 ft² with carpeted (heavy duty) floor, hanging lights, sales counter, EPOS till, Coffee Machine (2 Group), 2 coffee grinders. Tables and chairs providing seating for 28 People.

Fully fitted commercial Kitchen with stainless steel extractor unit, Cooker (Gas 4-burner), deep fryer (2 pan), microwave, fridges, freezers, dishwasher, deep freeze.

Toilet with w.c. and wash hand basin..

Small Stock room.

LOCATION: Situated in a sought-after residential neighbourhood, Close to densely populated areas and local shops, Excellent visibility and regular repeat customers, ESSEX, with strong footfall and a loyal customer base.

TURNOVER: WE ARE INFORMED by the owner the turnover currently averages £2,750 - £3,500 p.w. (No evening trade) with High profit margins (Gross profit of 65%) approx. (NO DELIVERIES)

It will be appreciated upon inspection that there is terrific potential for additional opening hours

STAFFING: The business is at present operated by the 2 partners with 1 full time chef & 2 part time staff.

PRICE: TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £69,000 plus STOCK AT VALUATION

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

ADDITIONAL INFORMATION AVAILABLE INCLUDING; RENT, LEASE TERMS, OPENING HOURS, BUSINESS RATES AND REASON FOR SALE VIA THE 'CONTACT BROKER' BUTTON

Property Information

Property:

Leasehold