 | Cafe & Restaurant For Sale Somerset, United Kingdom Advert ref: 2180 FINANCIAL DETAILS | Asking price: £49,500 Sales revenue: < £200k Net profit: Undisclosed Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | A long established restaurant and cafe in an attractive location within this burgeoning town centre ( in excess of 1000 new dwelling being built).The business offers a fairly simple menu of plain, good value and nourishing fare together with teas coffees etc. Situated on two floors the business can accomodate 60 covers with ease. In addition there is a large function room licensed for 66 people complete with bar and Stage.
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GENERAL INFORMATION | Years established: 20
Employees: 4 family members
Trading hours: 6 day trading/ 6 hours
Living accomodation
na
Location
In the centre of the town, just off the high street. There is a local population of 35000 people within 2 miles of the business.
Expansion potential
The function room could be further developed and the lapsed alcohol license could be reinstated. Evening opening is an option which should be considered.
Competition / Market
There are other catering businesses in the town, but few with 60 covers and a function room
Support & training
Handover
Reasons for selling
Retirement
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The Business Partnership - Avon, Somerset, South Gloucs, Wiltshire | | | |
