For sale £25,000 - Coffee/Tea Shops & Cafes
Lock up cafe and all day restaurant close to the new University Campus in central Northampton this business offers purpose built premises and an attractive location.
As more students relocate to the new campus footfall will increase, and with planning consent for a bolt on leisure business next door this represents an excellent investment.
Currently delivering an annual turnover of ca 50K, and run as a managed operation this business would suit an owner operator able to work in the business. With plenty of opportunity to drive the business harder the rewards could be substantial.
The business is on a long lease with 9 years remaining. Rent is £15,000.00 and currently benefits from full rate relief.
The current owner took on the business when it opened in 2015, they run it as a stand alone business and drop in two to three times a week to order supplies and to support staff. The restaurant is staffed by one full time and two part time individuals.
The business is offered with all fixtures and fittings ready to trade, (full list available on viewing) Offers are invited for the company to include all assets and goodwill on a cash free debt free basis.
A full profile is available once a confidentiality & non disclosure agreement has been signed. All arrangements to view are strictly by an appointment through the offices of City Business Brokers and no approaches whatsoever should be made to the owner or the business.
Enquiries to: David Howard City Business Brokers Northampton O: 01604 385040, M: 07794729634, firstname.lastname@example.org
All above information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy of this information.