Coffee House Kingfisher Shopping Centre Redditch

Price:

Leasehold - £135,000

Turnover:

Seller Ref:

10837

Location:

Worcestershire , Redditch

Business Type:

Food Service Businesses, FRANCHISE RESALES

See Other:

Cafés for sale in Worcestershire
Coffee shops for sale in Worcestershire
Food franchise resales for sale in Worcestershire
Food service businesses for sale in Worcestershire
Franchise resales for sale in Worcestershire

Description:

THE BUSINESS:

A great opportunity to purchase an Esquires coffee house franchise located in Kingfisher Shopping centre in Redditch Town centre having approximately 140 stores including Boots Marks & Spencers Debenhams Primark Argos and 7 screen cinema together with numerous car parks. The business is superbly located on the ground floor by the main entrance and comprises seating area for up to 60 customers with open plan kitchen/serving area fitted and equipped with modern commercial catering equipment. The premise is secured on a 5 year sub lease from 2009. Turnover for the last year was £200,000 with a gross profit in the region of £121,000. The business is operated by the owner with two full time staff and 2 part time. There are over 35 Esquires coffee houses in the UK and a large amount of turnover comes from the sales of bacon and sausage sandwiches which our client at Redditch does not serve so any new owner will significantly increase the sales by introducing these back onto the menu. To open a brand new Esquires coffee franchise costs in the region of £300,000.00

Location Details:

The business is located in Kingfisher Shopping Centre with approximately 140 shops 7 screen cinema and numerous car parks

Lease Terms:

Secured on a 5 year sub lease. A longer lease is available

Trading Hours:

8am to 5.30pm Mon to Wed 8am to 7pm Thur 8am to 6pm Fri & Sat & 9.30am to 4.30pm Sun