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Herefordshire Cafe Restaurant & Card And Gifts Shop For Sale

 
Herefordshire, United Kingdom
 
Advert ref: CG2008K
  
Business description
This dual business has been trading for twelve years and is very well established, both as a gift /card shop and as a café /restaurant. It is unique as it consists of two different businesses which compliment each other perfectly. It is attractive not only to residents looking for gifts, greeting cards and a break from their shopping, but also to the many tourists who visit the town.

The business consists of a busy licensed cafe / restaurant with seating for 65, with potential for expansion as the licensed restaurant does not open in the evenings and there is limited competition.

The card and gift shop which occupies the front part of the shop offers most well known makes of cards plus wrapping paper, gift bags etc. The gift side offers an attractive range of cuddly toys, costume jewellery, pictures, mirrors, table lamps, picture frames, decorative vases, wall clocks and ladies scarves plus numerous other items, too many to mention.

The business is mainly staff run, so the profit could be increased by a working couple and is already in excess of £100,000 pa.

Years established: Twelve
Employees: four plus some part time help
Trading hours: Currently the café is only open until 5.00 p.m. with the gift and card shop staying open until 5.30 pm. This means that the liquor licence is not used to its full potential, but there is no restriction on opening hours.
Property: Leasehold

Location
Central in the High Street. Market town

Expansion potential
does not open in the evening so lots of prospects for growth

Competition / Market
Very little in either department

Support & training
Any required

Reasons for selling
retirement

Photograph of this business for sale

Photograph of this business for sale

 
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Financial details

 
Asking price: £145,000
Sales revenue: £351,440
Net profit: Undisclosed
 
Furniture / Fixtures value: Undisclosed
Inventory / Stock value: Undisclosed
 

Photos

 
Photograph of this business for sale

Photograph of this business for sale

Photograph of this business for sale

 

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