Buy a Seafront Coffee Shop Bar & Bistro With Adjoining Confectionery Shop For Sale business for sale in Ilfracombe on BusinessesForSale.com

  • Advert ID: 715046

Seafront Coffee Shop Bar & Bistro With Adjoining Confectionery Shop For Sale


Location:
Category:
Asking price:
£195,000
Sales revenue:
£180,000
Net profit:
< £100k


Fully furnished and equiped available as a whole or individually............Our clients have owned the business for the last 4 years and the restaurant is operated by a single proprietor with staff, if and when required. The business opens 7 days a week during the busy high season. With 72% food sales, this is a high volume and profitable catering business.

New pizza ovens provide a good pizza table and takeaway element to the business and the cafe also provides coffees, teas, light snacks, lunches, afternoon teas and beverages. We are advised the turnover from the cafeteria part of the business is in the region of £130,000 pa.

Adjoining the shop and approached from the cafe via an archway is the main sweet shop which was refurbished last year, selling ice cream and alcohol including cider, fudge, sweets, sticks of rock and now providing an income in the region of £50,000 turnover pa.

Accounts will be made available to those seriously interested parties who have inspected the premises. This is a unique continental-style cafeteria and modern well presented sweet shop worthy of your immediate inspection.


Property:
Leasehold
Lease terms:
A Lock-Up business with 2 adjoining units all available on a 21 year lease
Living accommodation:
The accommodation briefly comprises : MAIN CAFE 19'2" x 28'1" (5.84m x 8.56m) Of triangular shape. Seating 36-40 inside and with outside seating for a further 40 customers. Partly covered with 2 external heaters. BAR SERVERY With a comprehensive range of equipment subject to inventory including pizza oven, fridge/freezers, coffee machine, dishwasher, panini machines etc. ARCHWAY TO ADJOINING SHOP 29'1" deep x 15'3" (8.86m deep x 4.65m) With tiled floor, concealed ceiling lighting, full range of fitted Welsh-dresser-style , display cabinets, spotlighting, further range of fitted shelves, further display cabinets, ice cream display freezer, electric fridge Whippy soft-ice cream machine, sweet display stands, Coke-Cola refrigerator on free loan. Access to stock room at rear with staff cloakroom off.
Location:
In a prime and bold corner trading position at the junction of The Promenada and Summers Crescent these interlocked businesses are located opposite the crazy golf course and overlook Capstone Hill.

Ilfracombe is regarded as North Devon's premier tourist resort and the town is likely to continue to develop over the next few years after a new Tesco supermarket was built on the outskirts of town and a new Co-op supermarket was constructed on the approach to the seafront. There are also proposals for a cross Channel daily link via the Bristol Channel to South Wales increasing the number of day trippers to the town.

Expansion potential:
Scope to open all year around and early mornings if required.

For more information about this business for sale, click the Contact Seller button.

Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

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