Property Information
Address:
Gloucestershire
Price: Property no longer available.
Size: SOA
Primary Category: Businesses For Sale
All Categories:
Businesses For Sale,
Property Ref/Movehut: MH489397
Property Ref/Agent: 2216-c-very-busy-cafe-business-in-gloucestershire-for-sale
*Please use the agent ref when calling the agent directly.
Property description
Hilton Smythe is delighted to welcome to the market this well-established and busy caf business in Gloucestershire. The business was established by our client in 2009 and is only now, reluctantly, being offered to the market due to our client's desire to pursue other business interests. The business operates on limited hours and generates a turnover in the region of 107,000 per annum, with a gross profit of approximately 54%.
The turnover is generated from the preparation and sale of freshly prepared, high quality fayre including sandwiches, baguettes, pasta, salads, pastries, all day breakfasts, home cooked meals and confectionery, as well as a range of hot and cold beverages. Our client also offers a delivery service to businesses within the area, outside catering, corporate buffets and vending services. All the ingredients used in the food preparation are from locally sourced suppliers.
The business has an excellent reputation within the area for the high quality of the food and service offered, which has resulted in a very loyal client base, with a vast amount of repeat trade and word of mouth referrals. The premises boasts a good size caf area with approximately 40 covers. We are advised there are two sign written vans which are not included in the sale, but could be bought by separate negotiation.
We feel the turnover could be increased by extending the opening hours of the business. The business would also benefit from the launch of a website and a small marketing campaign to promote the business and the services offered. This is an excellent opportunity for a new owner, perhaps a husband and wife team, to take this very busy and popular caf business to the next level; therefore early viewing must come highly recommendedTENUREWe are advised Leasehold:
Original lease length: 6 years
Remaining lease length: 4 months
Rent: 1,400 Inc VAT per month
We are advised there is no reason why the landlord would not renew for another 6 years.HOURSThe business is open:
Monday - Friday: 8.00am - 2.00pm
Saturday - Sunday: ClosedSTAFFThe business is owner run and managed with 3 x staff members.FINANCIAL PROFILEThe business operates on limited hours and generates a turnover in the region of 107,000 per annum, with a gross profit of approximately 54%.
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