Old Established Coffee Shop For Sale

Description

Forecourt providing seating for 14 people. Single-fronted premises measuring approximately 685 sq. ft, fitted with a canopy, parquet flooring and hanging lighting. Sales counter with EPOS till. Coffee equipment includes a two-group coffee machine and coffee grinder. Under-counter refrigerated display fridge, under-counter drinks display fridge, glass-fronted upright double-door drinks fridge, and two under-counter fridge freezers. CCTV system comprising three cameras and one monitor. Tables and chairs provide seating for six people. Disabled toilet with WC and wash hand basin. Small stock room.

Location: situated within a parade on a busy road in a residential area, close to a station and several bus routes, within a vibrant area of South East London.

Turnover: the owner advises that current turnover averages £3,000 per week, with an approximate gross profit margin of 65%, excluding portal sales.

Staffing: the business is currently operated by the vendor with the assistance of two part-time members of staff.

Price: £59,500 to include a secure renewable lease, goodwill, fixtures and fittings, plus stock at valuation. A substantial loan is available to an approved applicant.