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Extremely Successful Café, Just Off Edinburgh High St For Sale

Edinburgh, Edinburgh City
Asking Price:
£120,000
Turnover:
£200K - £500K
Net Profit:
Available on request

Brand new to the market, for sale is a popular and sought after Cafe Brunch house. This business continues to see large annual growth as well as an ever expanding reputation both locally and abroad. With very positive listings in European travel guides and top place rankings on the most trusted online guides, namely tripadvisor, this is one of the top go to places for brunch, lunch and coffees. Over 6 yrs it has also built a very strong local client base, this business has every reason to continue in steady growth.

The menu has numerous unique offerings, each with a popular reputation. There is a large scope to increase evening revenue, currently the venue only opens on Friday and Saturday evenings.

Venue had a complete make over in 2018, so equipment and interior is in very good condition.

Premises is fully licensed and benefits from full class 3 consent.

The premises are approximately 70m² with 32 covers inside and 2 tables and chairs outside. It is located down a flight of stairs at basement level.

The business is being offered on a leasehold basis with nine years remaining on current lease, rent £24,840 per annum. Business rates are applicable. The cafe is open seven days a week.

*** Please note all viewings and contact must be made via the contact seller form on this page - do not make a direct approach to the business or any staff members ***

Property Information

Property:

Leasehold

Lease Terms:

9 years remaining on current lease.

Leasehold Rent:

£24,840 per annum

Location:

Central location, just a few minutes walk from Princes St, 6 minutes walk from the main train station (Waverly) the shop benefits from high Street traffic as well as the city's corporate offices on George St and all the hotels/self accomodation surrounding the area.

Premises Details:

It is located down a flight of stairs, in a basement. There are 2 windows facing the St and a seating area outside before you enter.

Size in square feet:
70 approximately

Business Operation

Expansion Potential:

No room for expansion but occupancy could be increased by increasing the toilet capacity which currently only permits 32 covers, currently there is a queue at the door on most days during brunch time so this would be worth consideration.

Competition / Market:

There are a number of well established cafes and breakfast spots nearby, this has created a high reputation as a go to area for breakfast.

Trading hours:

Sun-Thurs 8am - 4pm, Fri-Sat 10pm

Employees:
7
Years established:
6

Other Information

Support & training:

A small transition period would be highly recommended, so that the new occupier can be familiarised with systems and procedures in place, any training required could also be achieved in this time.

Furniture / Fixtures value:
£10,000
Related Documents:

Contact Information

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