Two Immaculately Presented Cafe Bars And Bistros For Sale

Business description

HISTORY

• The business was founded by the vendors approximately 3½ years ago during which time they have built up an enviable local reputation for providing quality fayre at affordable prices

REASON FOR SALE

• The business is only now being reluctantly offered for sale as one vendor is pregnant and the other wishes to pursue another unrelated business venture

PRODUCTS

• The business prepares all meals, sandwiches, wraps, light bites etc using fresh products which are, wherever possible sourced locally and seasonally
• They have an excellent selection which includes:
o Full English breakfast, porridge, toast, sandwiches, soups, wraps, salads, cream teas/scones, hot drinks, paninis, soft drinks, milkshakes, cakes, ice creams and much more
o They offer bottled beers and lagers, ciders, wines, spirits and liquors
o In addition they have a specials board which is changed on a regular basis offering hot lunches/meals

CUSTOMERS

• Customers are predominantly local to the area or tourists who are attracted to the many places of interest in the area

STRENGTHS

• A good established business which has been trading for over
3½ years
• Two high visibility locations in the heart of an affluent town with high passing footfall levels
• Excellent local reputation with a very high repeat and referral trade
• All meals are freshly prepared
• Full alcohol licence
• Web domain held





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 These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants.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:

Site 1:
• Leasehold
• Original Lease: 4 year
• Remaining Lease: 1 year
• Review every: 1 year
• Rent: £4,860 per annum (currently in review for reduction)
• Rates: nil

Site 2:
• Leasehold
• Original Lease: 5 years
• Remaining Lease: 3 years
• Review every: 5 years
• Rent: £20,000 per annum
• Rates: £6,400 per annum

Location:

• The premises are located in high visibility locations in the heart of a major town in Worcestershire with high passing footfall levels

Premises details:

Site 1:
• First floor balcony premises in the centre of a major grade 2 listed public building
• L shaped open site which has 28 covers
• Most major pieces of equipment are owned by the local authority with the cost of use included in the rent charged
• Their own equipment includes a espresso coffee machine, 4 slice toaster, panini machine, food processor, soup urn and numerous small appliances

Site 2:
• Ground floor mid terraced lock up premises
• Tiled floor, ceiling spot lights
• Side serve counter
• 23 covers on first level, step up with a further 15 covers, additional 6 al fresco covers when the weather permits
• Rear male, female and disabled W/Cs
• Side office and stores
• Rear fully equipped commercial kitchen with side prep area, non slip flooring
• Rear side fire exit
• The premises are fully alarmed

Business Operation

Expansion potential:

• This is already a very successful and expanding business, it does however, still offer excellent potential to increase both sales and profits in the future by:
1. Open in the evenings
2. Promote takeaway menu
3. Expand on outside catering events
4. Expand on branded products eg jams, chutney, mugs etc
5. Advertise more

Trading hours:

Site 1:
• Weekdays 9.30am to 4.30pm
• Closed Sunday

Site 2:
• Mon – Thurs: 9.30am to 4.00pm
• Fri: 9.30am – 5pm
• Sat: 8.30am – 5pm
• Sun: 10am – 2.30pm

Employees:

3.5 years

Other information

Related documents:

• 
• Sales Particulars

• 
• EPC