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Well Presented Cafe In London For Sale

 
SE14, London, United Kingdom
 
Advert ref: CF409CG
  
Business description
Established in excess of twenty years ago, the business was purchased by the current vendor in November 2004 and completely refitted to a very high standard including all equipment. A wide selection of meals are offered from all day breakfast, sandwiches, hot and cold paninis, jacket potatoes, to a range of main meals including pastas which are all made from fresh products. The takeaway side of the business is busy due to the high number of workers in local businesses, and outside buffets are catered for with regular customers including local councils, schools as well as private functions. The business has a full A3 licence for the hours between 6.00 am to 10.00 pm.

Trading hours: 8.00am to 8.00pm 7 days a week
Property: Leasehold

Lease terms
We are informed that a 24 yr lease was established in 2004 with the rent currently at £8,160 pa, with five yearly reviews.

Location
Situated in a prime, extremely busy main road position central to a very large residential area, the business benefits from both the high level of passing trade and good level of regular local customers.

Reasons for selling
Owner wishes to emigrate

Related documents
PDF document iconFull sales details


 
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Financial details

 
Asking price: £45,995
Sales revenue: £110,000
Net profit: < £100k
 
Furniture / Fixtures value: £10,000
Inventory / Stock value: Undisclosed
 

Photos

 
Photograph of this business for sale

 

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