Nottinghamshire Superbly Presented 38 Cover Licensed Urban Cafe For Sale

Business description

HISTORY

• Established as a café 5 years ago
• Acquired by vendor 3 years ago
• Significant improvements made with substantial expenditure on many items of equipment
• Now offered for sale in excellent order inside and out
• Good client base now firmly established generating takings of £1,800 per week and increasing weekly
• Distinctive branding introduced with excellent reputation forged
• Family friendly

REASON FOR SALE

• Vendor is seeking a change of lifestyle having built up an excellent business

PRODUCTS

• Superb range of coffee with excellent local reputation
• Home made pastries, cakes & chutneys
• Breakfast & lunches
• Daily specials
• Sandwiches & baguettes
• Paninis
• Full range of soft drinks and non alcoholic beverages
• Sandwich orders for local businesses
• A unique and individual menu is offered

CUSTOMERS

• Meeting place for business and social occasions
• Busy breakfast trade
• Families
• Strong regular repeat trade from local residents
• Some retail sales

SUPPLIERS

• Products sourced through various trade sources
• Cakes and pastries home made
• Policy of using local produce wherever possible

STRENGTHS

• Excellent location in urban area
• Leafy suburb with middle and higher income demographic
• High level of footfall
• Consistently profitable with predictable weekly takings
• All fixtures and fittings included within consideration price
• Full alcohol license
• Web domain held
• Monthly street market near by









DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

Property information

Property:

Leasehold

Lease terms:

• Leasehold
• 5 years remaining of a 8 year lease
• Rent £10,500 per annum
• Rates nil

Location:

• Well known café/bistro in vibrant and affluent area of large conurbation
• Busy commercial/residential area offering significant trading opportunities
• Ample street parking for customers with outside seating to rear
• Densely populated location with significant levels of footfall

Premises details:

• Prominently sited lock up café comprising briefly:
• Café with 22 covers inside
o Refrigerated display counter
• Fully equipped kitchen area, open to public view, with

o Griddle
o Refrigerator
o Coffee machine
o Hob
• Shed
o 2 freezers
• External seating area with 16 covers on decked seating area
• Alarmed
• Off road owners’ parking

Business Operation

Expansion potential:

• Cost savings for husband/wife team or family run business could be considerable
• Outside catering
• Sandwich rounds
• Evening opening with possible change of emphasis to bistro/restaurant trade
• Development of internet site (web domain held)

Trading hours:

• Monday 9am to 5pm
• Tuesday & Thursday 8.45am to 5pm
• Wednesday 8.45am to 3pm
• Friday 8.30am to 4pm
• Saturday 8am to 4.30pm
• Sunday 9.30am to 2.30pm

Employees:

• Vendor • 9 part time