Internet Café Plus Mobile Phones & Repairs Business For Sale

Business description

Tiled floor. 18 computers with screens. Counter, electronic cash register.

Charges we understand £1 per hour for computer use. 20p for printing. £1 per page scanning. £1/£1.50 for faxing.

2 cloakrooms each with w.c. and wash hand basin

The vendor has recently opened a Barbers Shop to the rear of the Internet Café which has access to the Internet Café plus separate access. We understand this is fully equipped including 2 chairs with mirrors plus 1 back basin. As stated this has recently been opened and the turnover is currently in the region of £700 p.w. however, the present owner is confident that this should substantially increase as and when the Barbers Shop becomes better established. We further understand that the profits of the Barbers Shop are shared on a fifty/fifty basis with the owner of the Internet Café.

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a secure renewable lease, the present lease having approximately 17 years unexpired at a rental of £18,000 p.a. exclusive of rates up to 2013, with rent review at that time and thereafter every 5 years.

RECOMMENDED FOR EARLY INSPECTION

Location:

Occupying a corner position, end of parade, busy road, LONDON, N

Business Operation

Expansion potential:

WE ARE INFORMED the turnover averages £3,500 p.w. including mobile phones, laptops, repairs and sales. We are further advised that the gross profit is in the regon of 65%.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £82,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Monday - Friday inclusive - 9 a.m. - 8 p.m.
Saturday & Sunday opening - 10 a.m. - 6 p.m.

Employees:

The business is at present operated by the vendor with the assistance of 1 full time and 1 part time staff.

Other information

Financing available:

Please call Nationwide Businesses who will be pleased to help you with finance