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BUSINESS FOR SALE Food Cafes Café Bars

For Sale Profitable Cafe In A Prime Location

£28,000.00 (Fixed)

    Price : £28,000.00 (Fixed)
    Type : Sell
    Date : 1st August 2018
    Warranty : No
    Location :Tooting, London, UK

    The business is located on a main road, a few minutes walk from Tooting Broadway underground station.

    It benefits from an open plan interior with attractive, exposed brickwork walls. Reclaimed wood table and bench seating for 32 people is within. There is a counter, electronic cash register, 2 group coffee machine and grinder plus an open plan kitchen area with stainless steel extractor, tiled walls and five fridges. There is a WC and hand basin plus an outdoor, enclosed seating area at the rear for 24 people.

    Turnover averages £10,000 per week including takeaway and delivery.

    Opening hours are Monday to Friday: 7am – 5pm. Saturday – Sunday: 9am – 5pm.

    The business is mainly operated under management, consisting of 1 full-time Manager, 3 Full-time plus 2 Part-time staff. In addition, there are 4 Part-Time staff employed during the wekends. The present owner provides limited support to the business. An active owner and/or team will be able to reduce the wage bill.

    The premises is held on a secure, renewable lease with 7 years remaining at a rental value of £16,500 per annum exclusive of rates.

    Uniform business rates: £6,500 per annum approximately.


    PRICE: To include the secure lease, goodwill, fixtures & fittings £275,000 plus stock at valuation.