Cafes for sale in Ferryhill

View the "Busy Sandwich Bar and Cafe" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

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S Martin (Feb 2013)
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Freehold Price: £115,000 Annual Turnover: £104,000 Annual Net Profit: £30,000
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Business Description


Intelligent Business Transfer are delighted to announce their instruction of this hugely popular sandwich bar and café that holds a strong position within a virtually unrivalled area in Ferryhill, a town with a population of 12,000 in county Durham in the north east of England.

The business trades as a traditional cafe that offers a pinnacle service for both counter take away service as well as seated dining within an open plan eating area. The menu for the business is extensive and suits the clientele for the business and provides strong profit margins for the business.

The business and property are to be sold together as a freehold assignment. The ownership of the business is currently held as a sub-lease with the freehold owner who is a successful local business man and property investor.

Currently the sandwich bar takes over £2000 on average weeks, this provides strong profit margins that are over 60% on average. This is produced due to low overheads and regular custom. This is ideal for owner operation and is being sold due to the owner’s plans for capitalisation.

The sale is to be flexible where there are two options for consideration. The freehold can be sold in its current state with an active business owner in place paying an attractive rent. Alternatively this would feature an outstanding business of owner operation.
Tenure: Freehold

Listed by: Intelligent Business Transfer
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