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Asking Price
£70k
Description
Good loyal customer base, weekly turnover of approximately £2,500. The owner supervises the business on a part time basis due to health problems following an accident some 10 years ago & has been back at work for the last 6 years & has to employ additional staff to cover for her time off which results in a staff wage bill of £46,000. This wage bill could easily be reduced by the full time involvement of a husband and wife team. The business has its own in-house bakery producing all the bakery items sold in the shop. The patisserie is located on the ground floor, while the coffee house occupied the first and second floors. The owner is prepared to stay on for a brief transitional period to pass on her recipes. An ideal offer we feel for an experienced caterer with the energy & vision to take this wonderful business to its next level of success. We are therefore recommending an early inspection as business of this calibre rarely stay on the market for long. Gross profit: 61.5% Leasehold. A three storey double fronted corner parade property with self contained lower basement fully equipped bakery.
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