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Thriving Cafe Restaurant In Bath For Sale

Bath, UK
Asking Price:
£175,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
£600,000
Net Profit:
£120,000

Well established business in centre of Bath.

Cafe opened in 2004 and built strong reputation with serving breakfast and lunches.

Cafe also has outside terrace with 10 tables. It’s located on the square with high footfall in city centre.

Reason for sale is that my wife and I are moving abroad.

Property Information

Property:

Leasehold

Lease Terms:

Lease renewal in 2030. Landlord happy to extend the lease.

Leasehold Rent:

£35,000 per annum

Location:

Square in the centre of town

Premises Details:

Upstairs small bar area with 13 tables which seat up to 30 people. Outside terrace which seats 38 people.

Size in square feet:
850

Business Operation

Expansion Potential:

There is great expansion potential or even franchising the cafe. Reason we are not doing it is because we started something abroad.

Competition / Market:

There is a chain cafe that serves similar food but they are not direct competitors as we operate as independent cafe with serving mainly locals and rugby fans and also rugby team.

Reasons for selling:

Started a business abroad. Both my wife and I are from continental Europe and we live and work here.

Trading hours:

7:30am-16pm

Employees:
8
Years established:
24

Other Information

Support & training:

I am willing to come back to UK to give full support and training for up to 3 months even though it can be done in less time than that. Business is well established and self running.

Furniture / Fixtures value:
£80,000 - included in the asking price
Inventory / Stock value:
£10,000 - included in the asking price