Cafes for sale in Milton Keynes

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Adam Warren (Jan 2017)
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Leasehold Price: £49,730 Turnover: £78,000
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Business Description
Hilton Smythe are delighted to present to the market Café Verde, established in 2017 and now offered for sale due to the owners wanting to move abroad.

This fabulous business offers a wide variety food and beverages menu such as ice creams, pastries, cakes, pizzas and much more.

There is seating inside the café for 12 covers for those wanting to eat in and also enough space outside for 30 covers.

The business is currently generating an advised turnover of around £78,000 per annum with a gross profit of 80%. This is a healthy turnover that could be increased. The new owner could look to offer deliveries to the business in the local area.

The café has an excellent reputation in the area as well as online. With excellent reviews with 4.8/5 on google ratings and 4.8/5 on Facebook.

This business has been run to an excellent standard and would be a perfect opportunity for a husband and wife team, this is an opportunity that is not to be missed.

Hilton Smythe highly advise early viewing to take full advantage of the trade.

Café Verde is located in New Bradwell, Milton Keynes on a thriving high street. New Bradwell is an Edwardian era village on the northern edge of Milton Keynes,

The business is ideally located near the A5 and close to the M1.

Based on a busy high street the café is run from the ground floor with a tenanted flat above.

The equipment within the café:

• Coffee machine
• Coffee grinder
• Ice cream fridge
• Oven
• Microwave
• Toaster
• Open face fridge
• Milkshakes blender

The business also benefits from having an alarm within the café.

We are advised the business is being sold as a Leasehold business opportunity

Original Lease Length: 5 years
Remaining lease length: 4 years of 2018
Rent Annum: £10,500

Hilton Smythe are advised the business is exempt from paying business rates.

The business opening hours:

Monday: 6.30 am – 7.00 pm
Tuesday: 6.30 am – 7.00 pm
Wednesday: 6.30 am – 7.00 pm
Thursday: 6.30 am – 7.00 pm
Friday: 6.30 am – 7.00 pm
Saturday: 6.30 am – 7.00 pm

The business is run and managed by our client, with the help of 1 full time and 1 part time member of staff.

Financial Profile
Café Verde generated an advised turnover of circa £78,000 as of the accounts, with a gross profit of 80% and a net profit of £54,000.

Tenure: Leasehold

Listed by: Hilton Smythe

Find out more about this business opportunity.

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