Summary
- Asking price:
-
£65,000
- Sales revenue:
- < £200k
- Net profit:
- < £100k
- Years established:
- Cafe has been established for at least 20 years.
- Employees:
- Partners plus Two Part Time
Business description
Busy Working Mans cafe in densely poulated area of Brighton.
Recently redecorated dining area with 30 covers internally a further 12 covers on rear heated patio garden and 8 on awning covered forecourt. Plus a fully equipped commercial Kitchen. Excellent regular Trade from both Working People and local residents alike. Ample unrestricted Parking.
Property information
- Property:
- Leasehold
- Lease terms:
- Full repairing 16yr lease with 14yrs remaining. Rent review every 4yrs currently £7500 per Annum. Next review due 08/2010.
The property is Lock up Shop incorparating Rear Patio & Forecourt.
- Location:
- The business is located in a small residential shopping parade incorparating mainly local businesses, including a Post Office.
Serving a densely populated residential suburb of Brighton.
Other information
- Expansion potential:
- Extended hours plus Sunday opening would be possible.
- Competition / Market:
- There is very little competition as there are no working mans /Daytime Cafes in the near vicinity only the local Fish & Chip Shop & Chinese take Away which tend to do most of their business in the evenings.
- Support & training:
- Training & Support would be available on exchange of contracts.
- Reasons for selling:
- Retirement & other business commitments
- Trading hours:
- Mon-Fri: 7.30am-2.00pm Sat: 8.00am-1.00pm