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Tea Rooms & Cafe In Scarborough For Sale

Scarborough, North Yorkshire
Asking Price:
£23,000 Furniture / Fixtures included
Sales Revenue:
£50K - £100K
Cash Flow:
Under £50K

Tea Rooms / Cafe in Scarborough Centre - Leasehold £23 000

* Excellent gross margin over 70%
* Taking up to £1700 + / wk
* New Lease
* Alcohol Restaurant Licence
* Huge Potential To Increase Turnover By Longer Opening Hours Etc
* 50 + Covers

Leasehold £23 000 for goodwill fixtures and fittings (ground floor and basement) (SAV) rent £16 000 per year new 5 year lease + 50% building insurance etc

A very easily run business currently run over 5 days a week ( MON - FRI 9.00 am -3.30 pm ) at a greatly reduced price

Huge potential to increase turnover

A quality business which is well established with a regular clientele built up over many years.
Business operates on very easy hours over 5 days , Monday to Friday 9am - 3pm and closes for approx 4 weeks for holidays.

The business is well fitted out and has seating for around 50 all on one level.
Excellent opportunity to take over this easily run business.

Alcohol restaurant license

Serving drinks, cakes and an easy lunchtime food.

A great opportunity to take over and run this well known and long established business

Great potential to increase the turnover by longer opening hours

Would also suit a change of format to a restaurant to provide a large restaurant on a street in Scarborough centre which already attracts many diners

We would anticipate Saturday trading would provide a good boost to turnover and profit as this used to be our busiest day when we opened on a Saturday later opening in the afternoons and evenings again would boost turnover

Set up to a good standard with fire alarm system, emergency lighting , alarm system , till with orders sent to kitchen printer , coffee machine , grinder , etc

All equipment etc is fully paid for and is included in the sale - nothing on monthly payments etc

The kitchen and pot wash areas are in the basement and the customer area and toilets are on the ground floor

The freehold property is also available if required. Please enquire for price.

A new lease will be created at an agreed rent and conditions

Please provide proof to show you are able to finance a purchase of the business either freehold or leasehold.

If interested please contact the seller through the form on this page.

Property Information

Property:

Leasehold

Lease Terms:

To be agreed
Purchaser to be responsible for the vendors costs of preparation of lease etc

Leasehold Rent:

16 000 per annum

Location:

Scarborough Town

Premises Details:

Spacious high quality licensed tea rooms and cafe business premises with public area set our for around 50 on the ground floor with kitchen and pot wash areas in the basement.

The layout of the restaurant could be changed to suit a new dining format (subject to any consents required )

Planning Consent:

Planning consent for cafe which is also permitted to sell alcohol with food

Energy Performance Rating:
E

Business Operation

Expansion Potential:

Great potential to expand / increase opening hours and turnover
There is a great opportunity to increase the turnover by extending the opening times and number of days open.
The business also benefits from a restaurant alcohol licence and there would be scope to extend the opening times through into the evenings especially during the summer months.
Any new owner could also alter its format if required.

Competition / Market:

Other local cafes, however our format is different to a lot of the newer cafe / coffee shops

Reasons for selling:

Retirement

Trading hours:

9am - 3.30pm Monday to Friday

Employees:
2 Part time and 2 owners
Years established:
10+

Other Information

Support & training:

As agreed at time of sale

Contact Information

    1. Your Address

    2. Optional
  1. Optional
  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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