Cafes for sale in Bromley

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Ian McGregor (Nov 2013)
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Leasehold Price: £129,950 Price Reduced Turnover: £182,000 Gross Profit: £130,000
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Business Description
BUSINESS
Hilton Smythe welcomes to the market Cafékia, established for over 20 years and successfully run by our client for the past 6 years.  

The café is well presented, spacious and boasts 40 covers with a high level of catering equipment installed.  The café offers a varied menu with a choice of no less than 14 hearty freshly prepared breakfast including 3 vegetarian options, omelettes, jackets potatoes, burgers, panini's, hot and cold sandwiches, homemade specials such as lasagne, pies, salads, kids menu, fresh fruit smoothies, milkshakes and quality Bean 2 cup coffee and delicious desserts.

The business reports a very healthy turnover of around £3,000 - £4,000 per week and an excellent gross profit at 65% for this financial year.  A growing aspect of the business is the delivery service, generating over £1000 per week using the nationally recognised websites Just Eat and Hungry House.

Cafekia is promoted via their own informative website www.cafekiabromley.co.uk and via social media.  Although, the business is very well supported by the local community seeing a high amount of repeat trade and word of mouth referrals.

Early viewing of this walking in condition cafe is highly recommended, with the business genuinely coming to the market due to our client’s other business interests.

LOCATION
The business is located in the vibrant town of Bromley on the outskirts of the City of London.

Cafekia occupies a prominent trading position on Bromley Hill amongst a thriving retail parade and situated on the busy commuter road A21 within the heart of this heavily populated residential area.

The area is served by numerous railway stations providing an easy commute into the city.  The business also benefits from parking directly to the front and sits on a busy bus route, with a bus stop within easy walking distance.

PREMISES
Mid parade premise with vibrant signage.

40 cover café dining area

Service counter

Dishwashing room

Customer Ladies and Gentlemen’s toilets

Commercial kitchen

Store cupboard

Equipment includes: -

Glass fronted service chiller

Semi auto coffee machine and grinder

Glass fronted drinks fridge

Stainless steel shelving

Wall mounted TV

Commercial grade kitchen housing panini grill, 2 griddles, 2 deep fat fryers, gas oven, large extraction fan, under counter fridge, 2 chest freezers, 2 upright freezers and 2 large upright fridges.

TENURE
The original lease length is 12 years

As of 2016, 5 years remain on the lease

Review period is 5 years

Rent is £10,000 per annum.

A new 25 lease would be made available.

HOURS
The business opens

Monday to Saturday 7.00am – 4.00pm

Sunday 9.00am – 4.00pm

STAFF
The business is owner run and managed with the assistance of 3 members of staff.

FINANCIAL PROFILE
The business reports a very healthy turnover of £3,000 - £4,000 per week and an excellent gross profit at 65% for this financial year.



Tenure: Leasehold

Listed by: Hilton Smythe
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