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Accommodation & Food services

Coffee Shops & Cafes

THE BUSINESS Advent Business Sales is delighted to have been instructed to offer to the market this extremely popular and busy caf with huge potential for the future. Our clients established the business themselves approximately 2 years ago and have now reluctantly decided to sell to allow them to fully concentrate on their other business commitments. During these 2 years, our clients have totally renovated and refurbished the premises which now incorporate all brand new fixtures and fittings as well as quality equipment and now have a loyal customer base and enviable reputation in the town. The vendors pride themselves on delivering homemade quality food which is always freshly prepared and with good portions. Consequently, the turnover is now averaging approximately 4,000 per week and is still increasing. As well as the caf , the business has recently established itself as the supplier of prepared sandwiches to the local schools, it is anticipated that this will add 20,000 per annum extra sales. In additional, the business supplies a buffet service to the local business council, this currently achieves 10,000 per annum turnover. Our clients provide a wide selection of: Breakfast specials Sandwiches Jacket potatoes Hot and cold drinks Salads Soups Home made cakes and treats Panini s Burgers Omelettes Sunday roasts An excellent specials board which is changed daily. STAFF DETAILS The business is staffed by 2 full time chefs, 3 part time waitresses and one of the owners. TRADING HOURS Mon Fri: 9.00am 6.00pm Sat: 9.00am 5.00pm Sun: 10.00am 4.00pm EXPANSION POTENTIAL Although the caf enjoys excellent sales and profits there is still huge potential to increase both in the future by: Opening in the evenings as a restaurant the caf has an alcohol licence until 11pm. The caf has full A3 permission to sell hot food to take away and to expand the caf to be able to take advantage of the planned 30% expansion to the town within the next 5 years. FINANCIAL INFORMATION We have been advised by the vendor of the following: Annual sales: 170,000 Gross Profit: 77% Accounts will be made available to interested parties after a viewing has taken place.Please let us know if you require finance for the purchase of a business. BUSINESS PREMISES The caf is bright, airy and with an excellent ambience. There are 45 covers inside and the caf has a pavement licence for 20 tables,(approx 100 people). The premises have a cellar which is accessed from the main seating area and is used for the storage of equipment and stock and also contains a small office. The business has a fully equipped and modern kitchen. A second kitchen/prep room contains refrigeration, panini grill, microwaves, washing up area and storage trolley. There are two toilets, one of which is fully equipped for disabled use. The fire exit is to the rear. TENURE: Leasehold Original lease: 5 years Remaining lease: 2 years Review every: 5 years Rent: 22,500 pa We are advised that the annual business rates are currently: 5500

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