High Turnover Cafe & Takeaway With 90 Covers

Price:

Leasehold - £250,000

Turnover:

Seller Ref:

9649LE

Location:

Leicestershire

Business Type:

Food Service Businesses

See Other:

Cafés for sale in Leicestershire
Sandwich shops for sale in Leicestershire
Other takeaways for sale in Leicestershire
Restaurants for sale in Leicestershire
Food service businesses for sale in Leicestershire

Description:

THE BUSINESS:

HISTORY

The vendors have been in ownership since 2002, with the business being established for approx 35 years. Locally, a very well known and respected business.

REASON FOR SALE

Vendor’s retirement intentions.

PRODUCTS

The business offers a traditional hot and cold food menu for shoppers, local workers and visitors to the area.

SERVICES

There is a discount offered to selected customers including: drivers, students and OAP’s.

CUSTOMERS

Mainly from the local area with a high number of repeat and referral trade from the general public and local workforce.

SUPPLIERS

Majority of stock is delivered to the premises

STRENGTHS

• Extremely profitable with high margins
• Excellent central location
• Ideal for a working couple or family
• Security
• Well established
• Superb premises
• Benefits from a council lease

SCOPE

• Extend opening hours taking advantage of the early and late night trade
• Expand on the current menu
• Offer deliveries and buffets

The building laid out over one floor, completely refurbished and refitted in 2007 and briefly comprising:
• Large attractive glazing
• Excellent flooring and lighting
• Central fully-fitted kitchen
• Two separate seating areas;
Area 1 approx 480 sqft and
Area 2 approx 925sqft
• Full CCTV
• Office area
• External serving hatch
• Storage area

DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

Location Details:

Prominent central position in a high footfall location with good links to the motorway network. The business also benefits from a large amount of nearby car parking.

Lease Terms:

TENURE : Leasehold Original Lease: 25 year council lease Remaining: 13 years Rent Review: 5 years Rent: £22,000pa Rates: TBC

Trading Hours:

Currently opens; Mon to Sat: 7am to 5.30pm