Ref 6218 – Leasehold Cafe & Takeaway
Blacks Brokers are pleased to bring to the market this leasehold café with permission and strong demand for evening takeaway service located in a very busy industrial area of Leighton Buzzard, Bedfordshire.
Eden Way Cafe Ltd has been trading on Pages Industrial Park since 2013 and has become very well known with a large base of regular customers. The business enjoys fantastic customer flow from workmen from within or visiting the industrial park and also there is a new housing estate close by. Eden Way Café has a good social media presence and an excellent reputation for fresh cooked breakfasts and sandwiches.
The business is located on Pages Industrial Park, Leighton Buzzard in Bedfordshire. Leighton Buzzard is well connected with the A5, A4146, A418, A505 and the M1 (at the new junction 11a). This is an industrial area, however, a large housing estate of around four-hundred houses has been recently constructed nearby. Parking is available immediately outside the café and is unrestricted. There is additionally one dedicated parking space to the side of the property for staff use.
Our client, who runs his own successful carpentry business, purchased the café in April 2017 for a family member. The business is enjoying continued success and early steps have been taken to introduce the kebab/pizza takeaway service in the evenings but a change in family circumstances means the business is reluctantly offered for sale.
The current lease is ten years and began in began in 2012 at a cost of £201 per week. Further lease details to be confirmed.
Eden Way Café Ltd is operating from a single-storey, semi-detached property. The business is well presented with bright and bold signage displayed. Inside, the café offers seating for twenty-nine with a customer service counter positioned to the rear. This leads to an open-plan kitchen which is presented to a superb standard, with excellent quality fixtures, fittings and equipment in place including baked potato oven, buffalo toaster, commercial microwave, griddle and much more. There is also a separate fridge/freezer store room to the rear of the kitchen along with a private office, cleaning store room and staff toilet. Each area is immaculately finished.
The business is currently operating with three part-time members of staff in employment in addition to our client’s wife working on a part-time basis. Our client is not involved in the day to day running of this business due to other business commitments.
Eden Way Cafe Ltd has traded solidly since opening. The business generates an annual turnover of £71,500 with gross profits to be confirmed. Takeaway sales account for 30% of takings with dining in more popular bringing 70% of takings. Full financial details are available upon viewing.
Our client purchased this superb business in April of 2017 and offers for sale due to a genuine change of personal circumstance. The business occupies an excellent trading position and has a large base of customers established. There is much scope for expansion, with the introduction of longer opening hours to include full lunches and an evening takeaway and delivery service – there is strong demand for menu choices such as pizzas or kebabs should the business open in the evenings. The landlord has already approved this proposition. The business would also benefit from a stronger online service which could include an ordering system. Early viewings are strongly advised. Property: £29,950.
Please quote ref: 6218