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8044DE DERBY L/H£90000 CAFÉ & SANDWICH BAR

Asking Price: GBP 90000
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Business Location: United Kingdom » Derby » DERBY 
Category: Food » Cafes & Restaurants
Description:
Advent Business Sales have been
instructed to offer for sale this popular
and established café and sandwich bar.
Established in 2001, it is now reluctantly
offered for sale due to the distance the
vendor now has to travel to the
business.
The business operates from a four
storey premises in the city centre with
unusually low rent for its location.
On the ground floor there is a 26 cover
café with sandwich bar and servery to
the rear. Our client offers a range of
hot/cold foods and drinks, sandwiches,
jacket potatoes and coffee from a
specialist coffee machine.
There is a large preparation kitchen to
the rear and to the first floor there is
further preparation and storage area.
To the second floor there is a suite of
unused offices and to the top floor,
there is a one bedroom studio flat.
TRADING HOURS
Mon – Sat: 8.30am – 4.00pm
Sun: 10.00am – 3.00pm
EXPANSION POTENTIAL
There is excellent potential for growth
and expansion within this business,
including open earlier in the morning as
the business currently misses out on the
office trade going to work from the bus
stop. Outside catering which clearly the
premises has space for but currently
this side of the business is not offered.
There is also potential to sub let the
suite of offices to the second floor.
FINANCIAL INFORMATION
We have been advised by the vendor of
the following:
Weekly sales: £3,550
Gross Profit: 80%
Accounts will be made available to
interested parties after a viewing has
taken place.
Please let us know if you require finance
for the purchase of a business.
BUSINESS PREMISES
A 4 storey city centre premises with
unusually low rent consisting of the
following:
Ground Floor
? Entrance leading into 26 cover café
area with chillers, servery and
decorated to a high standard
? Doorway leading through into main
preparation area fully equipped for
purpose with exit door into rear
yard and stairs to first floor
First Floor
? Ladies and gents w/c’s
? Preparation kitchen with stairs to
second floor
Second floor
? Staffroom
? Stockroom
? 3 unused rooms/offices
? Stairs to third floor
Third floor
? Studio flat with separate bathroom
External
? Service yard to rear
? Blocked paved pedestrianised zone
to front
TENURE: Leasehold
Original lease: 10 years
Remaining lease: 3 years
Review every: TBC
Rent: In the process
of being reviewed.
We are advised that the annual business
rates are: £8,000(currently under
review for reduction)
 
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Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue		 N/A
Net Profit: (GBP)
Total profit before taxes		 N/A
General Information:  
Business Area:
Year Established: 2001
Is Relocatable?:
 No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
No of trading hours: Mon – Sat: 8.30am – 4.00pm
Reasons for selling:
 offered for sale due to the distance the vendor now has to travel to the business.
Market competition and expansion:
 There is excellent potential for growth and expansion within this business, including open earlier in the morning as the business currently misses out on the office trade going to work from the bus stop. Outside catering which clearly the premises has space for but currently this side of the business is not offered. There is also potential to sub let the suite of offices to the second floor.
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