Asking price: £129,950

Sales revenue: < £200k

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: £1,500

Business description
On a very busy road location with heavy traffic, busses and pedestrians throughout the day. There is easy on street parking for 1 hour. Council parking permit available. A modern spacious attractive cafe which is 17`5" wide and 26`4" deep. It has laminated flooring and modern spotlights. The rear is 12`10" deep and contains a kictchen area and a separate toilet. Yard at rear of premises. Viewing highly recommended. Internally there is seating for 20. Externally there is seating for a further 16 with branded canopy and shade. The equipment includes sink, large oven, dishwasher which is leased, microwave, chest freezer, tall fridge, tall freezer, 3 coffee machine, double panini machine, coffee grinder, steel chilled display cabinet, smoothie machine, till, alarm, steel table, tall drinks fridge, ice cream freezer. Takings are £ 4.000pw with good potential for further contract work and delivery. The owner is supported by 2 full time and 1 part time, staff earnings 500/600pw. The business is open 7 days a week.
The lease commenced in August 2003 for a term of 15 years and current rent is £12.500 per annum and rates are approx £3080pa.

Years established: 5 years

Employees: 3 FULL TIME + 1 PART TIME

Trading hours: MON TO FRI 7 TO 5 SAT 8 TO 5 SUN 9 TO 4

Property: Leasehold

Location
Balham/Tooting Bec. Upmarket residential areas with private schools, 3 recording studios, various estate agents.

Reasons for selling
MOVING TO SPAIN