Business for Sale Overview:
Established for over four years and since June 2008, managed at ‘arms length’ by the current Owner, this is a very popular and profitable café and sandwich bar. Ideally located at one of the main entrances to one of the largest and busiest shopping centers in South East London, this friendly ‘eatery’, equally popular with shoppers as it is with local office workers has grown from strength to strength since opening.
This outlet is the place to go to sample good quality snacks and meals. Starting in the morning with grilled breakfasts, this business offers what no other outlet at the Center can do – sandwiches with a variety of fillings, hot and cold, in fresh bread, ciabattas and paninis, salads, omelettes and jacket potatoes, all freshly prepared to order on the premises. Offering very good value for money, this outlet is recognized by its loyal Clientele as the perfect antidote to the standard fare available from the major chains of sandwich shops that adorn the nearby High Street. And as would be expected of an outlet of this nature, hot and cold drinks and ice creams are always available whilst the coffee is one of the best around.
This outlet can comfortably seat 30 to 40 including a few seats outside in one of the main entrances to the Shopping Center – and at peak times is bursting at the seams, as well as enjoying a steady traffic throughout the day as customers pop in to enjoy a coffee or collect one on their way to the shops or the office.
With turnover slightly down in recent times due to the hands off management by the current Owner who has been busy opening another outlet elsewhere, this outlet has in the past taken in excess of £3,200 per week. As such this represents an excellent opportunity to acquire a very popular café and sandwich bar, in an ideal location generating high levels of footfall, with a loyal Client base and with dedicated Owner operator management, significant growth potential.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Comprising three floors – with the Ground and First Floor given over to customer seating and the basement used for storage, the premises are leased with approximately six years remaining. The rent is £18,500 per annum. Rates are currently £6,000 per annum.
With a ‘front of house’ comprising seating for approximately 40 covers, the premises have all the fixtures and fittings normally associated with an outlet of this nature including a 6 feet long cold display cabinet, hot water boiler, coffee grinder, coffee machine and small filter coffee machine, a toaster and Panini toaster, three microwaves, a hot plate with extraction, a chest freezer, a fridge freezer, electric hob, a drinks display fridge, a Cornetto ice cream dispenser and electronic till.
Market Competition and Expansion:
The business has little need for advertising or marketing feeding off the traffic drawn to the Shopping Center. Located as it is, it enjoys high levels of awareness from passing traffic.
The business might benefit from advertising the availability of the First Floor of the premises, which could seat up to 20 Covers as a Private Function Room.
Reason for Selling:
The current Owner wishes to pursue other business
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.