 | Superb Coffee Bar For Sale Nottinghamshire, United Kingdom Advert ref: N527 FINANCIAL DETAILS | Asking price: £70,000 Sales revenue: £110,000 Net profit: < £100k Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | The Business Partnership is pleased to offer for sale this well-established and successful coffee bar, which has traded since 2003.
The coffee bar, which is extremely well equipped and decorated, has internal seating for 25 customers. In addition, there is seating for a further 15 customers to the front of the premises, which are a major attraction on days of better weather.
The coffee bar offers a range of quality snacks and pastries, making it a popular destination for shoppers and workers at lunch times.
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GENERAL INFORMATION | Years established: 5 Years
Employees: The vendor works 2/3 mornings per week and is assisted by around 6 members of staff who are mainly part-time.
Trading hours: Monday – Thursday 09.00 am – 4.00 pm, Friday & Saturday 09.00 am - 4.30 pm
Property: Leasehold
Lease terms
The current lease runs until December 2014 with the next rent review due in December 2010. The present rent is £16,500 per annum.
Location
The business occupies the ground and first floors of a very centrally located building in a pedestrian precinct at the heart of a market town.
Expansion potential
The business has recently introduced a corporate catering service. This opportunity has yet to be fully exploited.
Support & training
The vendor will co-operate fully in a transitional period.
Reasons for selling
The vendor wishes to concentrate on other non-competing activities.
Related documents
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The Business Partnership - Derbyshire, Nottinghamshire, Sth Staffs, NW Leics | | | |
