Licensed Café Potentially An Excellent Quality Restaurant For Sale - Kent, United Kingdom

Asking price: £85,000

Sales revenue: £208,000

Business description: This business currently operates as a successful and welcoming cafe but has the potential to be an excelent quality restaurant, with a licence to sell alcohol and the space to accommodate 42 covers. Spacious and well presented, the cafe is decorated to provide a charmingly bright and inviting atmosphere. Although it is located mid-parade a glass atrium near the rear of the cafe allows light to flood in making the whole area bright and welcoming; coupled with the daylight from the glazed double-fronted High street entrance, the environment is light and airy. A tasteful ceramic tiled floor completes the neat finish. At present, the cafe offers very good quality food such as baguettes, sandwiches, a deli counter, hot breakfasts and lunches, hot and cold drinks and beer.

Employees: The Vendor and his wife are full-time and they are assisted by one full-time and 2 part-time staff.

Trading hours: Monday – Saturday 7.30 am to 3.30 pm CLOSED SUNDAY

Property : Leasehold

Lease terms: Leasehold - 20 year lease from 2003 with next review 2011. Rent £26,600 per annum and Business rates £6,000 per annum.

Location: The area this cafe is located in benefits both from a densely populated local residential area and also a large commercial population bringing non local people into the town.

Expansion potential: In our opinion, this business has great potential from several different angles. Presently the current takings of £3,500 to £4,000 are based solely on a morning and lunchtime trade; these could be substantially increased by employing a chef and by the introduction of evening trade, Sunday opening and a more extensive range of alcohol (currently only beer is stocked/sold). The location would be excelent for a fully licensed high quality restaurant or brasserie; there is space to create a good sized reception area and bar just inside the entrance by removing the large takeaway area. Alternatively the current 42 covers could be expanded. The kitchen is large enough to accommodate a full a la carte menu and serve a discerning clientele. This opportunity has only become available as the vendor wishes to retire. We strongly recommend an early viewing to fully appreciate this attractive café and it’s potential.

Reasons for selling: The owners are only selling due to retirement.