Cafes for sale in London

View the "Cafe Specialising In Turkish Delicacies" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 Unbelievable, as I've saved hundreds on agents fees, by doing it myself. 

Anjam Hussain (Jun 2017)
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Leasehold Price: £65,000 Turnover: £130,000 Gross Profit: £105,000
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Business Description
Business
Hilton Smythe welcomes to the market Deniz La Cafeteria.

Deniz La Cafeteria specialise in Turkish delicacies, such as cakes, pastries and of course Turkish delights, they also provide a selection of coffees such as Latte, Cappuccino and Turkish coffee.

They pride themselves on delivering a friendly customer service and due to this they have a very loyal customer base with 70% of their business being repeat customers from the local area and 30% coming from passing trade due to their prominent position.

The business currently has an A1 licence but the owner states the council have said the business can apply for A3.

The current owner is now looking to sell this business to pursue other opportunities in another location.

Scope to Improve;

• New advertising and marketing campaign
• Maximise the use of social media
• Apply for A3 licence
• Extend the opening hours to include evenings
• Explore online discounters such as Wowcher and Groupon.

Hilton Smythe highly advise early viewing to avoid disappointment.

Location
Deniz La Cafeteria along Ballards Lane in Finchley, the premises is situated on a busy road which allows excellent visibility to passing traffic.

Finchley is an area of northwest London, England, in the London Borough of Barnet. It has been part of Greater London since 1965.

It is predominantly a residential suburb, with three town centres: North Finchley, East Finchley and Finchley Church End (Finchley Central).

Deniz La Cafeteria is 0.3 miles from Finchley Central train station which provides a Northern service calling at stations such as Camden Town, Kings Cross and Bank.

Customers can also benefit from convenient street parking close to the premises.

Premises
Full length windows and glazed doors to front creating a light airy and inviting interior.

As you enter the premises you are greeted with tiled flooring and seating for approximately 24 along the left hand side, on the immediate right-hand side of the premises is an area where turkish cuisine is prepared freshly in front of the window for passersby to see.

Further along on the right-hand side of the premises is the display units along with the counter which houses the till system, coffee machine and grinder.

To the rear of the cafe of the left-hand side is the customer toilet facilities then to the left-hand side at the rear is the entrance to the kitchen area which leads out to the rear exit where there is allocated parking area.

Equipment includes:
• Display units
• Chilled cake displays
• Counter
• Stove
• Extractor
• Till system
• Microwave
• Drinks fridge
• Upright display chillers
• Pizza oven
• Mixer

Tenure
We are advised that Deniz La Cafeteria is being offered a Leasehold business with 14 years remaining from the original 15 years lease.

The rent is £21,500 per annum

We are advised that business rates are currently £9,360 per annum

Hours
Everyday 8.00 am – 8.00 pm

Staff
The business is managed by the owner and 3 part-time staff

Financial Profile
Deniz La Cafeteria generates an advised estimated turnover of £130,000 per annum with an advised estimated £105,000 gross profit.

The advised estimated nett profit is £30,000 with an estimated adjusted nett profit of £32,000

Assets have an advised valuation of £8,000
SAV is estimated at £1,000

Tenure: Leasehold

Listed by: Hilton Smythe

Find out more about this business opportunity.

 
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B04531
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