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Staff Run Coffee Shop, Sandwiches, Pastries, Fresh Bread And Pizza Oven (not Used) For Sale

Central London,London,UK, ID 139848

Staff Run Coffee Shop, Sandwiches, Pastries, Fresh Bread And Pizza Oven (not Used) For Sale 1
Staff Run Coffee Shop, Sandwiches, Pastries, Fresh Bread And Pizza Oven (not Used) For Sale 1
Asking price:
GBP £79 500
Turnover (per year): £208 000 gbp
Owner
Owner's representative
179 business for sale

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Description

Double-fronted, air-conditioned premises of approximately 325 sq ft with electric shutters. CCTV installed (three cameras). Tiled flooring and plasterboard ceiling with inset lighting. Bar stools and counter seating for six customers. Sales counter featuring Square app customer payment system, soft drinks fridge, wash hand basin, and two-group coffee machine with grinder and knock-out drawer.

Open-plan kitchen fitted with a double-deck electric pizza oven, bread oven, slow cooker, induction hob, two large single-door fridges, one double-door fridge, single-door under-counter freezer, double sink with drainer, dishwasher, quartz worktops, pizza preparation table, dough mixer, and associated equipment.

Staff cloakroom with toilet and wash hand basin.

LOCATION: Positioned within a parade on a main road trading location, serving a mixed residential and commercial area in Central London.

TURNOVER: The owner advises that current turnover averages approximately 4,000 per week, with a gross profit of around 65%. The business has been recently established as an authentic coffee shop; historically, the unit operated as a pizza takeaway achieving weekly sales of approximately 6,000.

STAFFING: The business is currently managed by a manager with support from one full-time and one part-time member of staff. The wage bill is reported to average approximately 1,500 per week.

PRICE: To include the secure renewable lease, goodwill, fixtures, and fittings at 79,500, plus stock at valuation. A substantial loan may be available to an approved applicant.

Details

Real Estate: Lease
Employees (ppl): 3
Square m2: 30.2
Asking price: 79 500 gbp
Turnover (per year): 208 000 gbp
Salary expenses (per year): 78 000 gbp

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