Traditional A3 Cafe is located on the HIGH STREET within the town centre of this North Essex coastal town, which is surrounded by major retailers. The business has been established since 2002, having been set up by our client, who has been operating the business under the same ownership for 22 years and has brought it to market with a genuine reason for sale. The business is now completely staff-run and boasts the only covered seating area in the local vicinity, accommodating 26+ external covers. We are advised that the annual takings are circa £90,000, working to a high gross profit margin with huge scope to further increase revenues. The premises are held on a secure lease at a current rental of £11,000 per annum exclusive and benefit from zero business rates payable. We feel this is an ideal entry level business that would be highly profitable for a hands-on owner operator, so an early viewing is advised by sole agents essex and suffolk business sales.
- Asking Price:
- £39,999 Furniture / Fixtures included
- Turnover:
- £50K - £100K
- Net Profit:
- Under £50K
Property Information
- Property:
-
Leasehold
- Leasehold Rent:
-
£11,000 per annum
- Location:
-
NORTH ESSEX COASTAL TOWN
- Size in square feet:
- 450
- Energy Performance Rating:
- D
Business Operation
- Employees:
- 3
- Years established:
- 22
Other Information
- Inventory / Stock value:
- £1,000