EM&F are proud to present this long established and highly profitable business set in an admirable location in the centre of Wakefield. The immaculately presented premises provide 30 covers inside plus extensive outside seating, while the large and fully equipped kitchens give genuine scope for further expansion of the off-site catering opportunities. The sub-let two-bed flat above generates yet another stable income stream.
The business currently offers a full range of coffees and hot drinks, breakfast & daytime meals plus sandwiches. Occasional evening opening has been successfully trialled and a small off-site catering arm established, both of which provide substantial scope for expansion if desired. Ex VAT turnover is already consistently over £200,000 per annum over a six day week, and in 2015, with a Gross Margin of 70%, a Net Profit of £47,815 was achieved. That figure is set to be surpassed this year and the strong and rising profits are supported by detailed accounts.
An experienced staff of five support the owners in catering for the established and loyal clientele who have known the business since its establishment back in 2008.
The business is offered at £69,000.00 including fixtures and fittings (leasehold) and represents excellent value. An early viewing is strongly recommended.
Number of Employees: 5
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