Leasehold Patisserie & Coffee Shop
Business for sale
Asking Price:
£225,000
Turnover:
£390,000
Annual profit:
£206,856
Audited accounts:
Yes
Management accounts:
Yes
Years trading:
8
Employees:
No
Photos:
No
Ownership:
Limited company
Business description
Ref: c433Sales Revenue: 390000
Property: Leasehold
Description
Fantastic business located in a modern shopping complex in the town centre. 2,000 sq/ft unit fully fitted with state of the art equipement. T/O £7,500 pwk @ 68% GP. Use of communial seating area.
Terms of the lease/leasehold
Approx 10 years remaining on a 15 year lease. Rent £30,000 pa + Service charge £34,258 pa.
Reasons for Selling
The vendor plans to emmigrate.
Trading Hours of Business
9am - 6pm Mon to Sat