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Hot And Cold Dessert House In Somerset For Sale

Somerset, UK
Asking Price:
£199,000
Turnover:
£520,000
Net Profit:
Available on request

Very smart multi franchised hot &cold dessert house business circa 2,450sq.ft. / 215m² - superbly run / immaculately fitted - town centre, somerset town

Situated in a Somerset town serving a mixed area with high footfall and a large number of surrounding retail and office residents. Ample public and on-street parking.

The large, highly visible premises are held on a 10 year lease, we are advised, having about 7 years unexpired at a rent of £45,000 per annum subject to a 5 year review.

Prominent frontage. Shop (circa 42’6’’ x 41’ - 1,743sq.ft) immaculately presented and fitted with seating (booth seats) for 135-145. Open kitchen area (circa10’1’’ x 23’7’’). Waiting area. Customer Cloakrooms - fitted to excellent standard. Dry Store / Staff area.

EPC Rating: E-122

The business has a very modern, clean and professional appearance with no expense spared on fittings and equipment. Eye-catching branding, slick logo & decor are complemented by their mouth-watering selection of ice creams, gelatos, waffles, crepes, milkshakes, smoothies and sundaes.

Franchise fees for this particular branch are a very reasonable 4.5% on turnover.

We are advised by the owners that current Takings average around £10,000 net of VAT weekly. However, this increases to around £15,000 per week during holidays.

Delivery service (circa 20% of sales, dedicated online ordering website, party catering and a very diverse menu which caters for all tastes.

The business is run by working owner with 15/20 full and part time staff members.

An internal viewing is highly recommended to fully appreciate the potential of this slick business. More than £400,000 has been invested and goodwill has been generated over the past 3 years of trading.

Price required for goodwill, lease, tenant’s fittings, fixtures, utensils, furnishings & equipment:- £199,000 Stock extra at valuation

Property Information

Property:

Leasehold

Contact A H Lansley

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