Award Winning Café in Middlesex For Sale

Occupying a corner position, excellent main road trading position, residential, office and commercial area, MIDDLESEX

Turnover £ 4,400
Price £79,950

Features

High End Award Winning Healthy Eating Café (e Class)

4 STAR HYGIENE RATING

Outside seating area for 8 customers

SINGLE FRONTED PREMISES in the region of 565 ft². Industrial non-slip vinyl flooring, suspended ceiling with character pendants. Tables and chairs seating 22 persons. Sales counter, electronic cash register. 2 group coffee machine, grinder, knockout drawer, soft drinks fridge.

SEPARATE KITCHEN. Extractor, 3 ovens, 4 ring hob, 2 panini presses, 2 toasters, microwave, 2 smoothie makers, 2 blenders, 2 juicers, chest freezer, single door upright freezer, 3 upright fridges, dishwasher, double sink & drainer, stainless steel work surfaces.

Cloakroom with toilet, wash hand basin and sink

Storeroom

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,400 p.w with a gross profit of 50% approx. Net profit £60,000

Staff

The business is at present operated by the vendor with 2 full time staff employed plus the assistance of 1 part time staff. We are informed the wage bill averages £750 p.w. approx.

Trading Hours

MONDAY - FRIDAY 7.30 a.m - 5.30 p.m
SATURDAY 7.30 a.m - 11 p.m
SUNDAY 7.30 a.m - 5.30 p.m

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 10 years in 2021 with reviews every 5 years (next review 2026) at a current rent of £18,000 p.a. plus VAT

Business Rates from April 2023 £1,900 approx. after small business relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £79,950 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 39,975 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote