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New Park Cafe Concession Partnership Near Croydon For Sale

Croydon, London
Asking Price:
Under £50K
Turnover:
£50K - £100K
Net Profit:
Under £50K

Pistachios in the Park have won a new 5 year cafe concession at Grange Park, Old Coulsdon, Croydon. Rent commencing at £4,500 rising to £5,500 and are looking for a operating partner to join our team. www.pistachiosinthepark.org.uk.

The Pavilion is situated in a busy 4.45 hectare park by the main Coulsdon Road. It is next to a recently refurbished children’s playground and is an ideal location from which to run a café.

The park is well used for community events and by local residents including adults with pre-school children, dog walkers and senior residents who visit the adjacent Old Coulsdon Centre for the retired. The park and playground are a regular stopping point for children and young people attending nearby Junior and Senior schools. The football pitches are used by a Sunday League football team and by local residents.
The successful applicant will have to fit out the new space with bi-folding doors, decorate etc with catering equipment. Our Franchise/partnership fee is £17,500 "negotiable" with 93.25% belonging to you (our partner). Full fit-out costs to be borne by yourselves.
We are looking for like minded community spirited hardworking individual / couple

Property information

Property:

Leasehold

Lease Terms:

5 years

Leasehold Rent:

£4,500 per annum

Location:

In Old Coulsdon, Grange Park

Business Operation

Expansion Potential:

There is scope to create event days as well pop up evening themes to create extra revenue

Competition / Market:

There is no immediate competition within the park although there is a parade of shops across the road none that offer a cafe and ice cream experience

Reasons for selling:

New site

Trading hours:

Min trading hours required 9 am till 5 pm 7 days week

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

6.75% 5 years or longer with additional if concession is renewed

Other Information

Support & training:

There will an initial training and support before you start and this support with training will continue as long as the partnership lasts

Website:
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Related Documents:
Business closed / Asset sale:
Yes

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