We are selling a successful Cafe Catering Company whose owners are considering retiring.
The Company operates the cafe catering concession within a large institution in Cork City with substantial footfall. The cafe catering concession has been operated at this location by the Directors since 2009. The operation is profitable and there is scope to grow sales within the current location as well as possible opportunities to expand operations across the institution.
- Asking Price:
- €100K - €250K Furniture / Fixtures included
- Turnover:
- €250K - €500K
- Net Profit:
- Available on request
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
6 years lease until 2027
- Leasehold Rent:
-
€25,000 per annum
- Living Accommodation:
-
Not applicable.
- Location:
-
Café catering concession within a large institution.
- Premises Details:
-
1,000 sq. foot Cafe and catering facility incorporating service counters, fully equipped kitchen, all fixtures & fittings and equipment plus storeroom. Seating for up to 100 within and outside the Cafe. Staff facilities.
- Size in square feet:
- 1,000 square feet
- Planning Consent:
-
Full planning in place.
Business Operation
- Expansion Potential:
-
Opportunities to expand existing operations and potential to gain other concessions in other parts of the institution.
- Competition / Market:
-
None within the premises.
- Reasons for selling:
-
Owners wish to retire.
- Trading hours:
-
Open 7 days a week -8am to 5.30pm Monday to Friday, and weekends until 3.30pm.
- Employees:
- 8 including Directors
- Years established:
- 13
Other Information
- Support & training:
-
Full handover and training will be provided.
- Financing available:
-
None
- Furniture / Fixtures value:
- €25,000 - included in the asking price
- Inventory / Stock value:
- €2,000
