Business Summary:
Licensed Delicatessen & Café plus Outside Catering
Ref.AC216
Location Hertfordshire
Asking Price £ 225,000
This high quality delicatessen, café and outdoor caterer was established in 1992.
Located in a busy high street in an affluent area of Hertfordshire, the premises have indoor seating to cater for 35-50 covers with a further 12 covers outside. The premises are licensed to sell alcoholic drinks and for the preparation of the wide range of high quality, fresh sandwiches, cold food, a variety of hot drinks including coffee and a wide selection of ice-cream.
The business has an outstanding reputation for quality and freshness and is a successful business that boasts a homely, yet professional approach and has built up a loyal customer base. The delicatessen/cafe could apply for A3 licensing, which should not be a problem in the area.
The premises are fitted out with modern furniture and are fully equipped with all the necessary appliances required to run this profitable business.
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| Year
Business was Established: 1992 |
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| Facilities / Terms of Lease:
Inside the deli bar runs the length of the shop and has tempting displays of hot and cold food on offer.
The kitchen is fully equipped for food preparation.
The restaurant operates from leasehold premises in Hertfordshire, with three years remaining on the existing fifteen-year lease which automatically renews. Annual rent is circa £30,000. |
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| Potential
Growth/Expansion:
The current market for this business’s services is growing and is forecast in the near and longer term for significant growth. The business is well positioned to take maximum advantage of this growth as it occurs.
Increasing opening times to include and evening service, plus applying for a full A3 licence will have an immediate and significant effect on turnover, which the vendor feels could increase turnover by approximately 50 %. |
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| Competition:
Much of the business’s revenue is a result of word of mouth recommendations, bearing strong testimony to the excellent reputation enjoyed by the business. In addition this business currently uses its website and of course the excellent window displays. |
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| Owner
willing to train:
The current owner will provide all necessary training and all relevant contacts to allow continuity of trading. |
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| Reason for selling:
The owner of the business lives too far away from the premises and has other business interests and he is moving abroad. |
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Seller Reference Number: AC216
BusinessMart.com Listing Number: 66821 |
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