Business for Sale in CARDIFF, SOUTH GLAMORGAN - SPACIOUS CARDIFF CITY CENTRE COFFEE SHOP, BAR & KITCHEN - Leasehold: £64,995 (Offers Accepted)

Key Information

Ref
C34446J
Type
Food Service Businesses: Coffee Shops
Location
Wales: South Glamorgan
Tenure
Leasehold
Status
For Sale
Annual Sales
£120,000 Ex Vat
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EM&F are really pleased to offer for sale this most spacious and appealing Licensed Coffee Shop, Bar & Vegan Kitchen opportunity in central Cardiff, currently set out with 44 internal covers and with the added bonus of a further 12 covers externally.

This venue has versatile Dining areas, spacious Kitchen and a Meeting/Manager's Room to the rear and advised permitted opening until 11pm on its license. All this coupled to it's location allows for superb potential for evening bistro trade, additional function business, parties, business gatherings, outside catering etc.

The business is overseen currently by our vendors with the help of 1 full time and 2 part time staff as required on currently relatively short daytime trading hours.

Well established at its location, our vendors only took over the business during the middle of 2019. However due to other business commitments and personal issues recently, they have now reluctantly decided that they cannot give this venture the time and dedication required to move it forwards, thereby offering it back to the market for sale at what is a very sensible and appealing price!

Trading figures supplied to us by our vendors for their first trading year to 5th April 2020 show good first 6 months appx sales (Sept, 2019 to pre Covid March, 2020) of just under £66,000, thereby forecast for the full year to be circa £120,000. Indeed, since reopening at the end of July, 2020 their trade has already began to edge swiftly back towards this level.

The business is felt ideal for an ambitious individual, capable couple/partnership or also perfect for an experienced Coffee Shop operator looking for a Cardiff city centre bolt-on to add to their portfolio.

With sensible rent payable for its size and location, coupled to its very realistic asking price makes this a great proposition that really must be seen to be appreciated!

EPC Rating: D

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