For sale £55,000 - Coffee/Tea Shops & Cafes
City Business Brokers is pleased to bring to market this quirky high street café and delicatessen business, in a historic market town South of Oxford, which enjoys considerable commercial advantage with its fantastic trading position amongst local retail businesses.
Operating from well fitted and presented premises with space for 35 covers, the business currently offers a menu of freshly made breakfasts, brunch, pancakes and deli delights, together with a growing corporate and local delivery offer.
The business has been awarded a 5* food hygiene rating and currently operates Monday to Saturday – 7.30am to 3.00 pm and is closed on Sundays.
There is great scope for continued growth through extended opening hours, expansion of the current menu and further development of the corporate business. In addition the landlord has indicated support for capital investment to add additional trading space and utilise space in the rear garden.
The business is run by the owner and a small team of part time staff, turnover is in the region of £145,000 per annum with good cost control and excellent profits.
Rent is £1600 per month on a rolling basis, however a new lease is available with potential to negotiate a lower rate based on a 5 year agreement. Business Rates are currently £ 120 per month. The business is well fitted throughout and an inventory of equipment is to be included in the sale price.
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:Jane Price City Business Brokers Oxford tel 01865 582 179 direct line 07975 734 781 email 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.
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