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Reference R9066

Dessert Parlor in East London For Sale

Dessert Parlor in East London For Sale
Dessert Parlor in East London For Sale Buy a Dessert Parlor in East London For Sale Sell a Dessert Parlor in East London For Sale Dessert Parlor in East London For Sale for Sale Dessert Parlor in East London For Sale for Sale Dessert Parlor in East London For Sale for Sale Dessert Parlor in East London For Sale for Sale Dessert Parlor in East London For Sale for Sale

Register to see map and to make an appointment Excellent trading position EAST LONDON

Turnover £ 12,000
Price £355,000

Features

Creams Café Franchise Parlour

The business is part of the UK's leading dessert parlour with we understand over 80 branches nationwide.

We further understand full support will be provided by the Franchisors.

GROUND FLOOR DESSERT PARLOUR approximately1,900 sq. ft. in total. Amtico floor. Well equipped including tables & chairs plus upholstered bench seating providing seating for 85 persons. Ice cream display unit (36 flavours), 2 group coffee machine, coffee grinder, computerised till etc.

Customers' w.c. & wash basin

Turnover

WE ARE INFORMED the turnover averages £12,000 p.w. in our opinion offering further potential to increase in the right hands. PLEASE NOTE THE BUSINESS IS OPERATED UNDER A FRANCHISE AGREEMENT TO BE TAKEN OVER, FULL DETAILS AVAILABLE UPON REQUEST

Staff

At present staff operated. 1 full time manager plus 1 assistant manager. In addition there are 4 full time plus 8 part time staff.

Trading Hours

Sunday - Thursday inclusive - 11 a.m. - 12 midnight
Friday & Saturday - 11 a.m. - 1 a.m.

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 12½ years unexpired at a rental of £50,000 p.a. exclusive of rates for the next 2½ years with rent review at that time and thereafter every 5 years.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £355,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 177,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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