Catering Establishment with Cafe and Takeaway
A popular cafe and takeaway business situated on the outskirts of Cardiff, Wales. The business is also a local event catering provider. There is great potential and scope to expand the business. An easy way to do this is by having longer working hours or working more days, attending more events, taking advantage of lots of catering contracts, serving hot foods as well as more produce. A change in the owner's personal circumstance creates an option to sell as they do not have the time to see the business grow and flourish. The business is on target to meet £185000-£200000 this financial year, after heavy investment in refurbishment last year.
The business still has 4years and 4 months left on the tenancy agreement for a peak retail area of the estate, and they do pay business rates due to the size of the business. They currently have 4 members of staff, 3 full time, 1 part time and have a zero hour contractor who works when needed.
They have on average 90/100 people who come in daily to the Baguette Shop, the Coffee Shop is a new part of the business that is still increasing in sales week by week and buffets can be up to 10 per day, we also have a daily baguette run on site (this is three revenue streams for the business, with an aim to get them all equal to ensure business stability)
All the kitchen equipment, including oven, fridges, freezers, barrister coffee machine, microwaves, salad bar, coffee shop furnishings, office set up and delivery van would be included in the sale.