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Profitable Panini Bar & Cafe For Sale

Edinburgh, Edinburgh City
Asking Price:
£160,000 Furniture / Fixtures included
Turnover:
£200K - £500K
Net Profit:
£100K - £250K

A lucrative business opportunity waiting for you
An exceptional opportunity of a very well established and highly profitable panini bar and cafe.
Pronto takeaway and sit in business is now available.

Located at 32 Morrison Street and occupying a prominent corner site in the heart of Edinburgh’s financial district, Pronto has established a deserving reputation in its first 5 years. The owner is now retiring and with limited trading hours and future local developments in the pipeline this sale offers a great opportunity to a new owner for future growth and to improve even further this fantastic business.

Property information

Property:

Leasehold

Leasehold Rent:

£35,000 per annum

Location:

Edinburgh. Located at 32 Morrison Street in the heart of Edinburgh’s financial district just a few hundred metres from Princes Street

Premises Details:

Occupying a prominent corner site the property has a predominantly glazed frontage with a recessed side access and modern signage above. Arguably the best lunchtime trading position in Edinburgh for office workers it is made up of a front sales area which holds the extended refrigerated display counter, whilst allowing plenty space for customers waiting, and 5 window seats for those who want to watch the world go by, or alternatively, there is seating towards the rear which comfortably holds 15 covers. In the back there is a kitchen area and a basement which houses office and storage facilities. The large well-equipped kitchen on ground floor level together with the opportunity to build a second kitchen in the ample space available in the basement.

Size in square feet:
1,900
Planning Consent:

Class 3

Business Operation

Expansion Potential:

Three of Edinburgh’s newest business developments are currently under construction in the area, one of them (122,000 sq ft) situated direct behind the premises. Combined these developments will comprise of over 500,000 sq ft of new office space, which will undoubtedly further help grow the business.
This business continues to develop, enjoying repeat custom and passing trade the new owner will benefit from the wonderful foundation which has been built by our client and the opportunity to continue the year on year increase in turnover that the business shows. There is strong demand for outside catering with the financial sector to on your doorstep, this could allow you to expand your customer base even further.

Reasons for selling:

Owner retiring

Trading hours:

Monday to Friday
7am to 4pm

Employees:
5
Years established:
5

Other Information

Furniture / Fixtures value:
£55,000 - included in the asking price
Related Documents:

Contact Information

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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