Established Café in Nuneaton

Nuneaton, Warwickshire
REF: 01972

Asking Price:
£25,000
Annual Turnover:
£50,000
Annual Net Profit:
TBC
Recently Sold
REF: 01972
Photo of Established Café in Nuneaton
Photo of Established Café in Nuneaton
Photo of Established Café in Nuneaton
Photo of Established Café in Nuneaton

Overview

Tenure:
Leasehold
Established:
2012
  • Great Location
  • Renovated to High Standard
  • Minimal Overheads

This is a brilliant opportunity to purchase an established Café in Nuneaton, Warwickshire.

The business has been established for over 10 years and has built a great reputation for quality food at competitive prices, whether it is for a client looking for a quick takeaway item or a couple looking to relax and enjoy a full English breakfast.

The business has a great reputation in the local community and has built a loyal customer base that provides the business with regular and repeat custom.

The business can also boast impressive financial figures and huge potential for future success and growth.

The business is set within a small parade of businesses. The café has a large glass frontage, with the businesses name clearly listed above.

On entrance to the café, there is a fair size seating area, which can accommodate up to 20 diners at one time. Towards the back of the seating area, there is a refrigerator which showcases the business stock and a counter to manage customer transactions. Behind the counter, there is a small kitchen, which is used to prepare and cook their customer’s food.

Behind the café and out of view to customers, there is a large stock room and another kitchen for staff to store and prepare their clients food. There is also a staff toilet.

To the front of the café, there are a couple of car parking spaces, which can be used by staff and customers. There is also a large amount of street parking nearby.

Intelligent Business Transfer are excited to bring to the market this superb opportunity to purchase an established café in Nuneaton, Warwickshire.

The café has been established for over 10 years and has experienced financial growth on an annual basis since then. The business has a great reputation in the local community for quality food at competitive prices.

The turnover for the business last year was in the region of £50,000 (accountable), with impressive gross and net profit margins, due to the minimal overheads of the business.

Despite these impressive financial figures, there is huge scope for a potential buyer to improve these. A potential buyer could extend the opening hours of the business and introduce a delivery service, which has been voiced to the current vendors on a number of occasions and would boost the sales revenue significantly.

It is with a heavy heart that the current vendors are selling the business to pursue other business opportunities. This business would suit an entrepreneur with the drive and energy to manage this busy café and reap the financial rewards.

We strongly recommend an early viewing to avoid disappointment.

Location

Property

Annual Rent
£4,392
Annual Rates
TBC
Lease Term (Years)
5 year lease available
Lease Expiry (Years)
TBC
Accommodation Included
TBC
EPC Rating
C 51-75

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

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