Cafes for sale in London

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Cafe - London

London, England

  • Leasehold Price: £55,000  Price Reduced arrow_drop_down
  • Annual Turnover: £208,000
Seller Reference: KBT46859
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Business Description
 
 
 
 
 
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Seller Reference: KBT46859
Request Details
Business Description
• *REDUCED FOR QUICK SALE* Popular destination café with strong breakfast & lunchtime trade
• Advised weekly takings c. £4,000. Huge potential to operate as a cafe/restaurant/ bar with the opportunity for longer trading hours Thursday-Saturday
• Sought after London location *Offers invited*
• Alcohol and A3 Licence

Ref;46859. Well established café situated in a sought after London location. Densely populated residential area. Highly visible outlet with regular custom. Advised income c. £4,000 per week with good profit margins. Owner & staff run. Retirement sale. Viewing highly recommended. Leasehold

This is a great opportunit to purchase a popular café located in London within a densely populated residential area, along with commercial developments, National chains and office space.

The area in general is busy throughout the day with many office workers from the neighbouring businesses, along with those living locally using the shopping facilities which can be accessed via the various bus routes.

We have been advised that the business has been trading for over 40 years. The café was purchased by our client in 2003 and provides, what is now a destination cafe with approx. 55 covers with traditional tables and chairs.

The business is presented in good condition and has been fitted to a high standard, with good quality fixtures and fittings throughout, along with a bespoke glass fronted chiller cabinet for sandwich fillings and salads etc. The café currently benefits from an alcohol license.

Since our client took ownership, it has built up a loyal customer base, with the majority of the weekly takings coming from breakfast and lunch time trade. Although the clear majority of income is generated from those eating in rather than take away, in our opinion additional income could be generated by providing a catering service to many offices close by, aswell as opening later hours and serving alcohol.

Summary. This is a superb opportunity to purchase a destination café in a highly sought after London location, which benefits from a regular and loyal customer base.

An inspection is highly recommended to fully appreciate the superb location and overall business opportunity on offer. The business would ideally suit a buyer looking for a lifestyle change or an existing operator who can expand upon the reputation gained under the current ownership.
Tenure:
Leasehold
Is accommodation included?:
Yes
Listed by:
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