Business for Sale in Devon DAYTIME CAFÉ, COFFEE SHOP & FOOD TO GO OUTLET

Key Information

Reference

TR36177N

Tenure

Leasehold

Status

For Sale

Region

Devon

Sector

Cafes

Annual Sales

£453,400.00 Exc. VAT

Accommodation

No

Business Information

Popular CAFÉ, COFFEE SHOP & FOOD TO GO OUTLET, occupying prime high profile EXETER CITY CENTRE trading position, fronting very busy pedestrian shopping thoroughfare, close national retailers, visitor attractions, college, railway station, bus stops and car parks with residential areas and student accommodation only a short walk away, ensures masses of regular/passing trade.

Modern premises extending over 2 floors, particularly eye catching, benefiting from being corner sited, dual entrances, and covered 10 cover alfresco seating area proving lucrative. Provides open plan kitchen/servery area, separate waitress/wash-up area, 38 cover air-conditioned dining area, good size storeroom, staffroom/office, and cloakroom facilities, enjoying favourable rent and rates despite size and City Centre location.

Thriving business, benefiting from some easily prepared niche menu lines to eat in or takeaway, but at the same time offers scope for additional menu lines. Top performing profitable business, Sales 2023 £453,400, Gross Profit £278,018, adjusted Net Profits approaching £90,000, all from daytime trading. Still offers further opportunities, with option to trade into the evenings such is the level of foot flow.

Leasehold £99,500 sav Ref: TR36177N