Highly Profitable Café Bistro in Essex For Sale

Situated in a sought-after residential neighbourhood, Close to densely populated areas and local shops, Excellent visibility and regular repeat customers, ESSEX, with strong footfall and a loyal customer base.

Turnover £ 3,200
Price £69,000

Features

An Excellent Opportunity To Acquire A Well-established and Highly Profitable Cafe / Bistro In A Prime Residential Location

FORECOURT WITH SEATING FOR 8 PEOPLE

DOUBLE FRONTED PREMISES in the region of 735 ft² with carpeted (heavy duty) floor, hanging lights, sales counter, EPOS till, Coffee Machine (2 Group), 2 coffee grinders. Tables and chairs providing seating for 28 People.

Fully fitted commercial Kitchen with stainless steel extractor unit, Cooker (Gas 4-burner), deep fryer (2 pan), microwave, fridges, freezers, dishwasher, deep freeze.

Toilet with w.c. and wash hand basin..

Small Stock room.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,750 - £3,500 p.w. (No evening trade) with High profit margins (Gross profit of 65%) approx. (NO DELIVERIES)

It will be appreciated upon inspection that there is terrific potential for additional opening hours

Staff

The business is at present operated by the 2 partners with 1 full time chef & 2 part time staff.

Trading Hours

Opening Hours:
Monday – Saturday: 9:00am – 3:00pm
Sunday: 9:00am – 2:00pm

Alcohol licence until 10:00pm

Outside

Parking space for 1 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 16 years in 2017 with reviews every 4 years (next review 2029) at a current rent of £8,000 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2024, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS ILL HEALTH.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £69,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 34,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote