Business for sale

Business description

THE BUSINESS
Advent Business Sales is delighted to have
been instructed to offer to the market this
extremely popular and busy café with huge
potential for the future.
Our clients established the business
themselves approximately 2½ years ago and
have now reluctantly decided to sell to allow
them to fully concentrate on their other
business commitments.
During these 2½ 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 café, 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 café 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
café has an alcohol licence until 11pm. The
café has full A3 permission to sell hot food
to take away and to expand the café 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 café is bright, airy and with an excellent
ambience. There are 45 covers inside and the
café 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