City Centre Coffee House Business Newcastle, Tyne and Wear, United Kingdom Advert ref: R041NE Business description
A fantastic opportunity to acquire an expandable business concept currently operating one superbly fitted and equipped coffee house in a prime location in Newcastle City Centre. Developed to corporate standards the business model is ripe for further expansion or franchising. An opportunity not to be missed.
Property: Leasehold
Lease terms
Ten year lease at a current rental of £45,000. One rent review in 2011
Location
Prime city centre location amongst multiples.
Expansion potential
The business, although undoubtedly profitable as a stand alone unit would also proivde a perfect opportunity to acquire a concept that could be expanded via the acquistion of further units or franchising.
Competition / Market
A unique business concept based on a combination of excellent upmarket coffee combined with superb quality food.
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| | Financial details Asking price: £299,950
Sales revenue: £200k < 500k
Net profit: < £100k
Furniture / Fixtures value: Undisclosed
Inventory / Stock value: Undisclosed Photos 
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