Leasehold Cafe Diner
Advert ref: #442
Category: Food -> Restaurants
Location: England -> South East -> Kent -> Romney Marsh
Category: Food -> Restaurants
Location: England -> South East -> Kent -> Romney Marsh
Business for sale
Asking Price:
£59,950
Turnover:
£57,200
Annual profit:
£44,616
Audited accounts:
Yes
Management accounts:
Yes
Years trading:
12
Employees:
No
Photos:
No
Ownership:
Limited company
Business description
Ref: c472Property: Leasehold
Description
This is a well established detached cafe/diner located on the A259 arterial road in the Romney area. Well presented and fitted with 70 covers. Large carpark to rear. Declared t/o £1,100 pwk @ 60% GP.
Terms of the lease/leasehold
Approx 13 years remaining on a 15 year lease. Rent £10,000 pa. (5 year reviews)
Reasons for Selling
Family commitments.
Trading Hours of Business
8am - 4pm Mon to Sun Closed Weds