Bakeries for sale

View the "On-trend Cafe & Bistro – North London" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

On-trend Cafe & Bistro – North London

  • Price: £175,000
Seller Reference: 08671-618209
Request DetailsEmail email
Business Description
 
Image 1 of 1 video_library
Seller Reference: 08671-618209
Request Details
Business Description
FOR SALE – asking price £175,000 (for 100% Equity)

Imagine yourself as the owner of this unique business:
• Café / Bistro
• Based in North London (N1)
• Full alcohol license until midnight
• Bright space with a warm & friendly atmosphere
• 4 Years left on the Lease (renewable and RPI linked)
• Yearly Turnover close to £340k
• Regular clientele
• Located on a very busy high street
• Minutes away from one of the main TfL tube stations, zone 2
• A1 use class

This is a highly rated, well run and successful business that has created a strong brand reputation in the area. The café / wine bar is located on a very busy high street in North London (N1), minutes away from one of the main TfL tube stations (zone 2).
The premises were already a café when they were bought by the current owner in 2017. The café has since been refurbished and re-formatted: it is now revolutionised and has a strong vibe. The café is now a coveted all-day food and drink destination, with breakfast/brunch style dishes during the day and a more relaxed bistro style during the evening, with cocktails, wine and other drinks also on the menu.
The lease agreement, which is within the Act, is renewable at the end of term, in 2024, and the rent is linked to RPI.
Revenues are close to £ 340k with Gross Profit margins at c. 65%. There is a very high potential for further growth.
The owner, who works in the food industry, has decided to find a buyer to take over the whole business, or an equity partner under an expansion plan.
Further information is available under a confidentiality agreement.

Contact Mark Devonshire at TBA - London City Group Limited
mdevonshire@tworlduk.com/ Mobile 07972 634 187
Listed by:
Request Details

Find out more about this business opportunity.

* REQUIRED

Finance Services

Would you like a free no-obligation discussion with a qualified finance provider who could help you to buy this business?

You will ONLY be contacted by your local ASC Finance director. Your details will not be passed on to any third party.

Legal Services

Would you like a free no-obligation quote from a commercial law firm who could help you to buy this business?

You will be contacted by a specialist commercial solicitor from the Legal Marketing Works Network.

Please note that Daltons Business will send the above details to the seller of the business. By submitting this form, you confirm that you agree to our website terms of use, our privacy policy and consent to cookies being stored on your computer.
You may also like...
loder imageloder image