Asking price: £40,000

Sales revenue: < £200k

Net profit: < £100k

Fixtures value: £14,000

Stock value: £500

Business description
30+ covers, just refurbished, fully equiped. 200 yards from railway station and next to huge development site of new houses, retail and a hotel. Potential to be licensed and open evenings with entertainment - tried and successful! Owner emmigration forces quick sale.

Years established: 2

Employees: 3

Trading hours: 9am - 3pm

Property: Leasehold

Lease terms
Landlord willing to offer both short and long leases.

Location
Situation perfect for local office workers and passing trade, very close to railway station, car park opposite, outdoor seating included, work has started on two huge building projects for a college, houses, hotel and retail in immediate area.

Expansion potential
Council will grant alcohol and entertainment license (previously we have held music nights with bar licence under temporary events notices which were very successful.) Currently open 9-3, potential for earlier opening to cater for commuters and the many tradesmen in the area, also evening and sunday lunch openings have been requested by customers. Delivery service and external catering would do very well if offered.

Competition / Market
Only classy eat in cafe in the area. Also has good take away trade.

Support & training
Manageress and chef willing to stay on for new owner, proprietor can give full assistance to new owner for some time.

Reasons for selling
Quick sale needed, asking price ONO as proprietor and family are moving abroad.

Financing available
asking price includes all lease purchase equipment, monthly payments can be arranged for these and deducted from asking price. Contact for full details.