Coffee Bar with Late Licence
Business for sale
Asking Price:
£125,000
Turnover:
£230,000
Annual profit:
£116,610
Audited accounts:
Yes
Management accounts:
Yes
Years trading:
11
Employees:
No
Photos:
No
Ownership:
Limited company
Business description
Ref: r276City: SE4, London United Kingdom
Property: Leasehold
Description
Established by our clients in June 2001 and now only being marketed as a result of the vendors other business commitments.
Good potential to develop 1am late licence. TURNOVER – £230,000 P.A. Ex VAT. @ 65% G.P. Ex. VAT Imposing mid parade premises with single frontage with canopy over. Single entrance to: Café Area: exposed oak flooring, tastefully decorated and furnished to accommodate 42 covers. Ref.
serve over counter, elect cash register, cappuccino coffee machine, 2 upright drinks chillers, double pannini grill, optics. Prep Area: 2 upright chillers, under counter refrigeration, st/stl sink, dishwasher, microwave oven.
Store Room: Sep. Ladies and Gents: W.C facilities. OUTSIDE – Seating area: to front of premises for some 20 covers.
Terms of the lease/leasehold
16 year lease from June 2001. Rent £15,500 pa (5 year reviews)
Reasons for Selling
Other business commitments.
Location and Property
These superbly presented premises occupy a prime trading position fronting a busy main road being close to Brockley and Crofton Park Stations. The business draws trade from over a wide catchment area.
Trading Hours of Business
9am - 11pm Mon to Sat 10.30am - 10.30pm Sun