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Reference R2048

Profitable Cafe Coffee Shop in Essex For Sale

Profitable Cafe Coffee Shop in Essex For Sale

Register to see map and to make an appointment Shopping centre locality, excellent trading position, commercial area, ESSEX

Turnover £ 7,500
Price £139,500

Features

Profitable & well Equipped Café / Coffee Shop

Air conditioned.

Front area with chairs and tables seating 18 people.

Double Fronted - Tiled Flooring, Suspended ceiling with character lighting.

Tables and Chairs seating 32 people.

Sales counter - Electric cash register, soft drinks fridge, coffee machine (on lease) under counter fridges.

Stainless steel extractor - Grill, 2 deep fat fryers, 2 microwaves, oven, griddle, 2 ring hob, display chiller, under counter freezer, upright freezer, single sink with drainer, ice machine, dishwasher, milshake machine, etc,

Stairs to first floor SECOND KITCHEN / PREPARATION AREA

Stainless steel extractor, electric hob with oven beneath, stainless steel preparation table, double sink with drainer, 2 fridges, 3 freezers, blender,

Customer cloakrook with toilet and wash hand basin.

Staff cloakroom with W.C. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £7,500 p.w. with a Gross profit of 60% approx.

Staff

The business is at present operated by the vendor, a manager, 2 full time and 2 part time staff employed.

Trading Hours

7 Day week

MONDAY - SATURDAY 7am - 6pm
SUNDAY 9am - 4pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE recurring 5 year lease (private landlord) granted in 2021 at a current rent of £24,000 p.a. plus vat

Business Rates from April 2023 £2,800 approx. after small business relief (Please contact local authority to confirm)

In addition we understand there is a Service charge of £5,000 p.a. plus vat approx.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £139,500 o.n.o. plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 69,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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