Cafes for sale in London

View the "Café With Outstanding Reputation and Two Bedroomed Flat" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 A great experience – we had more buyer enquiries through Daltons and the exposure was invaluable to the eventual sale 

Brian Marshall (May 2014)
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Leasehold Price: £350,000 Price Reduced Turnover: £58,897 Gross Profit: £20,588
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Business Description
BUSINESS
Hilton Smythe welcomes to the market The Park Café. The business was originally established by our clients in 2007. The owners are now looking to sell the business due to the desire to focus on other things.

The business runs as a traditional café that sells a fantastic range of Italian foods. They sell dishes such as Lasagne, Cannelloni, Tacos, Tortilla’s, sandwiches, desserts and more. Our clients also make homemade bread on site, which is very popular. They offer a range of high quality coffees and drinks such as LavAzza.

As per 2015 accounts the café generated an excellent turnover of around £60,000 with a gross profit of 35%. This is a great turnover that could be increased in many ways. One way the new owner could do this would be too extend opening hours into the evening and mornings. The owner could then also look to offer themed nights in the evening to boost repeat clientele. We believe there is high demand for early breakfasts in this area.

The business does generate an extra income of £15,000 per annum, from the rental of the two bedroomed flat that is above the property. This is currently let out but could be used as owner’s accommodation, if the new owner required it.

The café has an outstanding reputation in the area and receives a generous amount of trade from the locals and passing trade. The owners did offer celebration cakes which we are advised customers still ask for. Outside catering is too much for our clients but should be something the new owner looks into.

The purchaser has so much potential to boost turnover and so we feel this is an opportunity not to be missed. The café is located in a great location that sees generous amounts of footfall and passing trade; viewing comes highly recommended.

LOCATION
The Park Café is located in Isleworth, London.

The licenced café is situated on a retail parade that runs along a main road. There is an abundance of stores such as an Indian restaurant, opticians, laundrette, vets, convenience store, fish and chip shop and much more. These stores serve the high population of residential properties that surround the area. There is parking directly outside the property and more on street parking close by.

The property is just 100 yards from a National Park. This attracts large amounts of tourism and brings trade to the area. This is a fantastic plus as the prominent position allows for a high amount of potential custom.

The road on which the business is located connects to the M4 motorway and the A4. These roads are major connections as these are direct routes into the centre of London. The centre is just a short 30 minute drive away from this area and is an easy commute using the great public transport. There are several train stations around that also head into the centre of London.  

PREMISES
The front of the premise is well-presented, and has clear signage which is clear to passing trade. There is a 25 cover seating area to the front of the property this is covered over with a canopy; great in the warmer months.

Inside is the main seating area this has a relaxed outside feel to it. There are outside dining tables and chairs to go with the theme. There is lots on display and on one of the walls there is a mural. This is a 25 cover café that has a large L-shaped service counter.

On the ground floor there is a large commercial kitchen, two stockrooms, office and a staff room. This is a great sized premise that also comes with a flat.

On the first floor there is the flat which is currently let out for £15,000 per year. The flat includes a lounge, open plan kitchen and a bathroom. There are two double bedrooms located on the second floor. The flat has a separate entrance which is at the front of the property.

Equipment is included in the sale.

TENURE
We are advised the business is leasehold.

Original lease length: 5 years

Remaining lease length as of 2016: over 4 years

Rent: £20,000 per annum

HOURS
The business opening hours-

Monday - Saturday: 9:30am – 3:30pm

Sunday: Closed

Option to extend opening hours from 9am in summer months.

STAFF
The business is run and managed by our client with the help of 3 members of staff.

FINANCIAL PROFILE
As per 2015 accounts the café generated an excellent turnover of around £60,000 with a gross profit of 35%.



Tenure: Leasehold

Listed by: Hilton Smythe
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