Cafes for sale in London

View the "Well established profitable Coffee Shop for sale in North London Ref No: 24293" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Well established profitable Coffee Shop for sale in North London Ref No: 24293

London, England

  • Leasehold Price: £100,000
Seller Reference: 24293
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Business Description
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Seller Reference: 24293
Request Details
Business Description

Location: Conner position coffee shop near to the busy crossroad junction and underground train station under Zone 1 and in the center of new developments as an office, Schools, and a large residential area.

OVERVIEW: The shop has a Good décor with Tables & chairs providing seating for 6 covers.
The equipment includes a coffee machine, coffee grinder, stainless steel counter fridge, Juice machine, chiller, wash hand basin, etc.
There is a lot of seating space outside the shop which can be used during summer or when required.
off-street car parking available.

TURNOVER: Currently around £3000 p.w
The net profit is around £95,000 Annually

Potential: The shop sale can be significantly increased by extending the working hours and new menu adding to serving meals.

Additionally: There is a small kiosk at the rear of the shop which can be acquired by just paying rent of £1000 p. a. Kiosk can be used for an additional business like ice cream, hot dogs, and wraps.

STAFF: At present operated by the vendor with the assistance of 3 part-time.

TENURE: Leasehold with 5 years lease remaining (Renewable lease)

RENTAL: £21,000 P.A.

RATES: Small business rates relief.

GOODWILL: To Include the Secure Lease, Fixtures & Fittings: £100,000 Plus stock as per valuation.

Monday - Friday - 8 a.m. - 05.00 p.m.
Saturday - Sunday - 9.00 a.m. - 05.00 p.m.

Call BTC for further details and appointment for viewing: 020 8889 7474

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