Summary
- Asking price:
-
£150,000
- Sales revenue:
- < £200k
- Net profit:
- < £100k
- Years established:
- 6
- Employees:
- 6
Business description
Town Centre Location diagonally opposite Marks and Spencer. Profitable Coffee Bar, 50 covers with alcohol licence and outside seating for 12. Internet cafe on first floor with potential to increase covers and revenue
Property information
- Property:
- Leasehold
- Lease terms:
- 14 years to run with revised rent last year £35.500. Five yearly reviews.
- Location:
- Prime site on corner of Fashionable Arcade and on opposite Second Arcade leading to Bus Station and on towards Train Station. Pedestianised Street (1030 - 1530hrs)
Other information
- Expansion potential:
- Everything is in place to launch as a Fashion Cafe Bar in the early evenings with am alcohol license in place covering seven days.
- Competition / Market:
- Recognised as an upmarket trendy Coffee Bar. Only High Street chain in the form of Costa Coffee exisits in the town.
- Support & training:
- Fully experienced staff but may consider part sale to working manager
- Reasons for selling:
- 2 hour drive home each day with other business interests eating into time. Also elderly parents in Scotland make it hard to commit to evening opening.
- Trading hours:
- 0800 - 1700
- Website:
-
www.clubsandwich-uk.co.uk