Cafes for sale in Newcastle-upon-Tyne

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Mr & Mrs Neville (Sept 2013)
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Leasehold Price: £35,000 Price Reduced Annual Turnover: £286,000
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Business Description

Intelligent Business Transfer are pleased to offer to the market this extremely well known and recognised takeaway. The business is a fine example of a high street caterer and holds an unrivaled share of the local market place.

The takeaway specialises in Fish and Chips as well as Kebabs and general meals. The Fish and Chip side to the business is extremely popular and has little competition.

The business has been trading in the same position in Byker since inception, over 15 years ago. The business is positioned on the main bridgeway from the towns centre to the Metro which is the most used transportation to the city of Newcastle.

The business is extremely well fitted and is genuinely ready to run for any purchaser; the current owners has spent in the region of £50,000 to bring the business to its current standard.

The business is currently owner operated with the help of a competent team of staff who would be available to any purchaser.

The business offers potential for growth with a delivery service and larger online presence.

The business holds a domination share of the local market due to its position and popularity. As a result of the business is able to set prices to private profits of circa 70% on general items.

This takeaway would fully suit any owner operating partnership who could in turn reduce overheads and develop the business to a revenue that exceeds £10,000 a week.

The current owner are wishing to sell after a successful career within the industry as they plan to emigrate to Canada, the condition and standard of the business has been an absolute credit to themselves.

Viewing necessary.
Number of Employees: 6

Tenure: Leasehold

Listed by: Intelligent Business Transfer
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