 | Patisserie Cafe/Bistro For Sale Weston Super Mare, Avon, United Kingdom Advert ref: 2112 FINANCIAL DETAILS | Asking price: £199,500 Sales revenue: £265,000 Net profit: £70,000 Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | Very Attractive Business in good location
Large flexible premises which are superbly appointed.
Many discreet dining areas to include ‘Al Fresco’ Terrace.
Well equipped with good quality fixtures and fittings.
Balanced business with several income streams.
Emphasis on fresh home made produce to include cakes & patisseries.
Mostly day time trade with evening trade at the weekend.
Good turnover at healthy margins.
Limited Competition and scope for expansion.
Secure and relatively low cost lease.
Only ‘Art’ café in the area, local artists display their work
An attractive business in a prominent position within a popular seaside resort. The owners offer a wide range of catering genres, to include breakfasts with home made pastries, muffins, 'full English' through to lunchtime with an extensive menu light lunch menu, afternoon teas with homemade cakes and patisserie followed by a bistro menu for the evenings. Operating from very interesting premises the business benefits from restaurant area on two floors and an al fresco dining terrace on the wide pavement at the front of the premises.
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GENERAL INFORMATION | Years established: many
Employees: 5 full time plus part time
Trading hours: 7 day trading.
Property: Leasehold
Lease terms
There are 14 years remaining of a 20 year FRI lease; the rent is currently £16,000 with a review in 2008/9, business rates are circa £4800 pa. FREEHOLD AVAILABLE
Living accomodation
na
Location
Prominent position with wide pavements and outdoor terrace.
Expansion potential
Opportunity to expand evening trade.
Competition / Market
There are other eating establishments in the town but few with the same amount of style space and reputation; the business has been profiled to represent middle market appeal and is successful in that sector.
Support & training
handover
Reasons for selling
New opportunities
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The Business Partnership - Avon, Somerset, South Gloucs, Wiltshire | | | |
