Asking price: £170,000

Sales revenue: £145,600

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
GROUD FLOOR COFFEE SHOP/SANDWICH BAR (can be open front), tiled floor. The equipment includes cool display serveover counter, 3-group coffee machine, orange juice machine, panini toaster, 1 microwave oven, steam oven. Tables and chairs providing seating for 10 persons.

Staff cloakroom with w.c. and wash hand basin

Stairs to first floor INTERNET CAFÉ with woodstrip floor. 11 computers. We understand the charge for use of the internet is free for customers utilizing the coffee shop, otherwise £1 per hour.

Employees: The business is at present staff operated with 2 full time staff employed plus additional evening staff employed.

Trading hours: Monday - Saturday inclusive - 7 a.m. - 8 p.m. Sunday opening 8 a.m - 8 p.m.

Property: Leasehold

Lease terms
We understand the premises are held on a secure lease from Transport for London, the present lease expiring in October, 2019 at a rental of £25,300 p.a. exclusive of rates up to October, 2009, with rent reviews every 5 years. RECOMMENDED FOR EARLY INSPECTION

Location
Excellent trading position, LONDON, SW

Expansion potential
WE ARE INFORMED the turnover averages £2,800 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.

Reasons for selling
TO INCUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £170,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Financing available
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.