Profitable Café Business in North Shields For Sale North Shields, Tyne and Wear, United Kingdom Advert ref: CF231NE Business description
Lakey & Co are delighted to offer For Sale this popular and well known local Café business in North Shields For Sale. Currently taking around £1,700 per week with sales continuing to grow this business presents a perfect opportunity for a first time business buyer or for an existing operator wishing to expand their portfolio.
Trading hours: Monday – Sunday: 8.00am – 3.00pm
Property: Leasehold
Lease terms
The premises are leasehold with a current rental of £6,000 per year and 10 years remaining of an initial 12 year lease. The business rates payable are £832 per year.
Location
This cafe business benefits from a prime location and high footfall within North Shields Town Centre
Expansion potential
The business is well positioned to take advantage of the demand for both deliveries and outside catering / buffets.
Competition / Market
Whilst there are other Café Businesses in the locality our clients have built an excellent reputation for quality food at competitive prices and are continuing to show good sales growth year on year.
Reasons for selling
The business is being sold to enable our clients to emigrate.
Financing available
This business opportunity should support finance-subject to status. Please contact Lakey & Co who can put you in touch with impartial and independent commercial finance brokers.
Related documents
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| | Financial details Asking price: £49,950
Sales revenue: £88,400
Net profit: £35,000
Furniture / Fixtures value: Undisclosed
Inventory / Stock value: Undisclosed Photos 
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