Business for Sale in St Albans, Hertfordshire - Busy Cafe in Great Locaton: St Albans - Leasehold: £99,950

Key Information

Ref
C032447B
Type
Food Service Businesses: Cafes
Location
England: Hertfordshire
Tenure
Leasehold
Status
For Sale
Weekly Sales
£4,000 Ex Vat
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Call us on 01908 904555
  • Takings £4,000 to £4,500 a week
  • Excellent location close to City Centre
  • Loyal customer base
  • Rent only £15,500
  • Business Rates - Nil

Everert Masson & Furby are delighted to offer this popular and well supported local cafe located just outside the town centre of St Albans.

On the market due to the imminent retirement of one of the owners, this well established and popular business has an enviable reputation locally due to the quality of the food and service on offer. This consistently profitable cafe earns around £70,000 adjusted profits per annum to two working owners at present income levels.

In our opinion there is scope to increase sales and the premises is sufficiently large and flexible to allow this to happen.

Despite the excellent location the rent is only £15,500 per annum which in our opinion is very well priced.

Price: £99,950 to include the benefit of the lease, fixtures and fittings and goodwill, plus stock at valuation.

Please note that staff and customers are not aware of the sale and viewings will only be considered out of hours and by prior appointment with sole agents Everett Masson & Furby on 01908 904555.
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