Business for Sale in TEIGNMOUTH, DEVON - CAFÉ/COFFEE HOUSE - Freehold: £199,950 Leasehold: £89,995

Key Information

Food Service Businesses: Cafes
England: Devon
Freehold, Leasehold
Annual Sales
£189,386 Ex Vat
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Renowned CAFÉ/COFFEE HOUSE, popular SOUTH DEVON coastal town, enjoying TEIGNMOUTH town centre trading position, fronting busy thoroughfare ideally positioned for all amenities, shops, esplanade, beach, quay, ferry, attractions and car park all close by, provides abundance of passing trade, also a popular destination with local resident community, ensures substantial all year round trade. Prominent very spacious character premises, presented to high standard, the subject of recent investment, approx. 60 cover rustic country kitchen themed dining area, substantial bar servery, waitress area, large extensively equipped commercial kitchen, wash-up room, cloakroom, office and additional storage rooms, viewing recommended. Established highly regarded business, strong following, serving popular easily prepared menu, benefiting from alcohol licence, trades daytimes only, 8.00am through to 3.00pm, hosts some themed evenings proving popular, huge scope to increase opening hours, in particular during busy summer months. Solid reliable profitable business, Sales 2018 £189,386 ex Vat, Gross Profit £126,097 (67%), adjusted Net Profits in region of £60,000 to owner operators, still offers scope to build on current levels of successful trade. Freehold £199,950 sav OR Leasehold £89,995 sav Ref: TR033982N

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