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8709DE CAFE/TAKE AWAY L/H £40,000

Asking Price: GBP 40000
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Business Location: United Kingdom » Derbyshire » DERBYSHIRE 
Category: Food » Cafes & Restaurants
Description:
THE BUSINESS
Advent Business Sales have been instructed to offer for sale this well established café and takeaway business.

The business was established in 1998 and acquired by the current vendor in 2004. The vendor has reluctantly decided to sell in order to focus on another business venture.

These ground floor premises consist of a main café area with seating for 32 with a further 8 outside.

The café offers an extensive range of hot and cold foods from early morning breakfasts to jacket potatoes and sandwiches.

Our client is also well known for her home-made cakes, which has proved to be very popular.

Sales are split between passing and regular trade as well as from local businesses.

Takeaway and delivery are equally popular and the latter is an area of growth and expansion.

Also included in the asking price is an 05 plate fiat doblo.

The business is staffed by the vendor and her husband as well as two part time staff.

Since acquiring the business, the vendor has spent a great deal of time, effort and finances to ensure the business is recognised and rewarded for its efforts.

TRADING HOURS
Mon – Fri: 7.15am – 2.30pm
Sat: 7.15am – 2pm
BUSINESS PREMISES
Ground floor café with 32 covers in a busy location near Ilkeston town centre briefly comprising of:

Ground Floor
• Entrance leading into café
• Wood effect flooring with good décor throughout
• Servery to rear leading into commercial kitchen
• Equipment includes: double fryer, griddle, 6 pot bain marie, 2 x microwaves, baguette/panini machine, toasters, 4 ring electric hob, chest freezer, upright freezer, fridges,
stainless steel work service, extractor hood, sink, hand wash basin, storage for cleaning
utside w/c

External
• Parking for 4 vehicles to the side of the premises
• Paved to shop front

TENURE: Leasehold
Original lease: 5 years
Remaining lease: 1 year
Review every: 5 years
Rent: £3600 per annum
We are advised that the annual business rates are currently: £500
 
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Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
78000
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area: The business is located just off a busy main road in Ilkeston in Derbyshire. The area benefits from a huge volume of passing trade, and from free car parking directly outside the premises. The surrounding area has a good mix of residential and commercial properties with the town centre only a mile away. A large and well known mill shop is just a few yards away which attract shoppers to the area.
Year Established: 1998
Is Relocatable?:
No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Number of Employees: 2 PART TIME
Market competition and expansion:
EXPANSION POTENTIAL There is tremendous scope to further increase turnover as there are ideas and plans the vendor has but not quite had the time to put into practise. This could include: • Extending the delivery service • Hot lunches • Leaflet drops • Opening Sunday lunch – which has already been considered. • Home-made meals for takeaway could be a further option.
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