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Business for sale in United Kingdom - Ac278-freehold busy caf & take-away, inc. 4 bed flat, next to underground tube/network rail-walthamstow east london
| Asking Price: | 480,000 £ |  |
Real Estate: | Ownership |
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| Sales Revenue: | 90,000 £ | ||||||||||
| Net Profit: | 40,000 £ | ||||||||||
| Year Established: | 1925 | ||||||||||
| Employees: | Not Disclosed | ||||||||||
| # of family members employed: | Not Disclosed | ||||||||||
| Location criteria: |
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Business types:
Business categories:
Business description
this is a superb opportunity to acquire a thriving family run café established in 1925. Needless to say that this is a very long established business, which has done extremely well since inception. located just outside an underground tube and network rail station, the business is continuously busy.
the café serves both hot and cold food to eat in or take away; the café caters for 69 covers plus there is courtyard seating for smokers. The café prepares working lunches for local businesses, which offer s further potential to offer deliver to their premises. A delicious breakfast, brunch and lunch menu is offered to customers, with the option to eat-in or take-out. The food is of a very good standard and is competitively priced for popular appeal.
the premises are attractive with a welcoming and relaxed atmosphere and very convenient for regular customers, many office workers from local businesses, shoppers and visiting tourists.
the business benefits from a loyal customer base and there is genuine scope to increase turnover through the introduction of evening opening in addition to saturday- sunday and bank holiday opening. This café and take away is without doubt one of the most charming, well appointed and well equipped eateries in the area. The cafe would be and ideal purchase for a single owner or partners and has scope for increased opening hours and further revenue.
key strengths:
as they say “location, location, location” is definitely so in this particular case. This café is superbly situated outside a busy underground tube and network rail station.
key opportunities:
there is an outstanding opportunity to build on the existing café services and customer base of this business. There is scope to extend the café’s opening hours, as currently the business is only open until 3.30 pm. During the working week, there is also the possibility of servicing the local offices with sandwich deliveries ‘to the desk’, in addition to the corporate meeting lunches that are already provided. The owners open the café monday to friday close on every bank holiday and also for six weeks holiday per year, this offers huge potential to increase turnover through increasing business open hours.
there is no doubt that this business would benefit from hands-on, dedicated management from an owner operator.
Additional information
| Additional information: | Not Disclosed |
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| Support & training: | The owner will be happy to assist during the handover of the business, to demonstrate the day to day operation and how everything functions. |
| Reasons for selling: | The owner wishes to retire. |
| Financing available: | Not Disclosed |
| Inventory / Stock value: | Not Disclosed |
Real Estate
| Ownership: | yes |
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| Will owner sell real estate?: | yes |
| Included in asking price?: | yes |
| Value: | 0 £ |
| Location: | The premises comprise of a glazed double fronted exterior. The interior is separated into three areas, plus there is an outside courtyard with seating at the rear of the premises. The café has the capacity for 69 covers. A 4 bedroom flat is located above the café. The premises have all the fixtures and fittings normally associated with an outlet of this nature, including a cold display cabinet and drinks display fridge, coffee grinder, coffee machine, a commercial toaster, microwave, a hot plate with extraction, numerous fridges and freezers, hob, griddle, dishwasher, a drinks display fridge and an electronic till. The vendor owns the freehold of the property, which is included in the asking price of £480,000. Alternatively there is an option to purchase the business on a leasehold basis for the asking price of £75,000 and a lease to be negotiated at the time of sale. |
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