Coffee Shop For Sale

Business description

Well known Coffee Franchise which has been operating on this site for many years. Run by the current owner for only the past three months.

Upon taking over the business the turnover was only c£6,000 per week having dropped from c£12,000 per week previously due to poor management. Till receipts can confirm these figures.
Current turnover is running at c£8,000 per week with an anticipated increase to around £10,000 by December with a change of menu. Current till receipts show week on week increase. Despite sizable overheads this is a hugely profitable business.

Franchise details available to interested applicants upon request.

Property information

Property:

Leasehold

Lease terms:

15 year lease commencing 2008 (outside the Landlord & Tenant Act). Rent £95,000 per annum.
Rates c£43,000 pa.

Location:

Prime site in a pedestrianised street close to Bond Street and Oxford Street. Attracting trade from a huge footfall of passing footfall from a busy commercial, tourist and shopping area.

Other information

Trading hours:

7 days a week

Contact the seller