Asking price: £59,950

Sales revenue: 0 - £200k

Net profit: 0 - £100k

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Well established cafe that has been trading for over 10 years, with the current owner having it for almost 5 years. Located on one of the most popular main roads in an affluent area of Sheffield, only 50 metres from a park. The cafe is well laid out and in great condition throughout. Current opening hours are Tuesday to Sunday offering breakfasts, lunches and snacks through a simple menu that uses fresh ingredients and has proven popular establishing an impressive regular trade.

The cafe is set out over 2 floors with 28 covers and the potential for more. The covers are a mix of coffee tables with sofas and traditional tables and chairs. There is a seating area outside in front of the cafe. There is a well equipped kitchen, store room upstairs, 2 customer/staff toilets (including baby changing facility), large cellar for storage and private off road parking to the rear. Rent and rates are very reasonable for location and size of cafe. The rent per month is £833.33. Rates are only £95 per month for 10 months of the year.

The last 5 years have seen over £10000 spent on equipment and improvements to the cafe along with a substantial rise in the turnover with potential for continued growth and expansion. The cafe would be ideal for a single owner or partners and has scope for increased opening hours and further revenue.

Please do not contact staff directly. If you would like further information please contact the owner through this website.

Years established: 15

Employees: 4

Trading hours: Tues to Fri 8.00am to 3.30pm Sat 8.30am to 4.00pm Sun 9.30am to 3.00pm

Property: Leasehold

Lease terms
The lease is a 15 year lease with 9 years remaining.

Location
Main road in Sheffield

Expansion potential
Good expansion potential in terms of hours the cafe could trade i.e. later than current hours including evenings or could open 7 days a week. There is also room for more covers comfortably.

Competition / Market
Very little nearby competition.

Reasons for selling
Relocation.