Property Information
Address:
Kingston Upon Hull, East Riding Of Yorkshire
Price: Property no longer available.
Size: SOA
Primary Category: Businesses For Sale
All Categories:
Businesses For Sale,
Property Ref/Movehut: MH529346
Property Ref/Agent: 12380-large-34-cover-caf-and-eacute-on-main-road-location
*Please use the agent ref when calling the agent directly.
Property description
Hilton Smythe is delighted to welcome to the market Excellent Caf. The business was originally established in 1996 but was taken over by our client in 2008. The owner is now looking to sell the business due to the desire to focus on other business interests.
The business runs as a large 34 cover caf, selling a range of hot and cold food. There is the option to eat in or takeaway. They sell a range of products such as sandwiches, jacket potatoes, burgers and chips, paninis, hot breakfasts and much more.
The caf is currently generating an advised turnover of around 208,000 per annum with a gross profit of 65%. This is a healthy turnover, however we feel this could be increased further. One way would be to introduce deliveries. Deliveries to local businesses would be a great way of boosting repeat loyal trade. The purchaser could then further this by, offering its services through sites such as JustEat.
The caf highly benefits from its main road location. The caf sees a lot of custom from passing trade. However, most trade is generated from the local housing and businesses.
This really is a walk-in trading opportunity. Our client has run this business successfully and so we highly advise early viewing for a purchaser looking for a caf in a busy location.TENUREWe are advised the business is Leasehold.
Original lease length: 5 years
Left on the lease: 2 years
Rent: 870 per monthHOURSThe business is open-
Monday - Saturday: 8am - 4pm
Sunday: 9am - 3pmSTAFFThe business is run and managed by our client with the help of 6 part time members of staff.FINANCIAL PROFILEThe business generates a turnover in the region of 208,000 per annum.
With a gross profit of around 65%
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