Business for Sale in Cornwall CAFE/COFFEE LOUNGE

Leasehold Price £149,500

Key Information

Reference
TR35453M
Tenure
Leasehold
Status
For Sale
Region
Cornwall
Sector
Cafes
Annual Sales
£334,138.00 Exc. VAT
Accommodation
No

Business Information

Thriving £7,000+ per week DAYTIME CAFÉ/COFFEE LOUNGE, popular SOUTH EAST CORNWALL town, close to coast, major holiday routes & railway station, attracts local and visitor trade. Eye catching trading position, adjacent historical landmark/visitor attraction, surrounded by other popular businesses ensuring good pedestrian foot flow, close residential areas.

Superb spacious premises, presented and equipped to the highest of standards, 5* EHO rating held, the subject of considerable investment over the years. Offers 24 cover main dining area, 23 cover coffee lounge, alfresco seating, stylish servery counter/shake/smoothie bar, commercial kitchen, wash-up room/office. Benefits from additional outbuildings and car parking.

Established in excess of 20 years, well known throughout area, a destination business. Serves popular easily prepared menu to eat in or takeaway with delivery available. Sales 2022 £334,138 ex Vat, Gross Profit £236,193 (71%), closing 4.30pm latest, still scope to increase through increased opening hours and introduction of alcoholic beverages. A very efficiently managed business, good staffing structure in place overseen by vendor.

Leasehold £149,500 sav (Potential Vendor Loan Available) Ref: TR35453M

TR35453M : Confidential Sale

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Cornwall & Plymouth

Your Regional Director Michael Taylor

Cornwall & Plymouth

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