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North City Centre Luas Line Cafe Grabngo For Sale

North City Centre, Dublin, Ireland
Asking Price:
€59,950
Turnover:
€250,000
Net Profit:
Not applicable

Wonderful North City Luas Line Cafe - Convenience Business For Sale

OFFERS in the Region of 59,950 KEY Money (Fixtures- Fittings - Location)

Please NOTE KEY MONEY THIS IS NOT A RENTAL.

BACKGROUND:
This well established Café & Takeaway business has been an habitual destination for the Many Local Workers, Business People and Visitors to this wonderful upgraded part of the city, just metres from O’Connell Street which People have been visiting for decades. The Businesswas trading for over 2 Years, growing in reputation and turnover since day one. The ethos is simple, reasonably priced quality food served efficiently in a neat smart café environment. The Unit has Excellent Prominent Location along the recently added North City Luas Line with the nearest stop less than 10 Metres from the front door. The Business is Currently Owner managed and would really suit this sort of hands on approach probably 3-4 staff on those very busy days which run from Mid-March right up to Christmas.

LOCATION
Well it is Location Location Location , Taking up a huge street presence with 2 large Panoramic Windows overlooking one of Dublin's Busiest Streets with an eye-catching Well Maintained Façade. This Striking centrally located unit, just minutes from O’Connell Street with 1000’s of daily shoppers and International Visitors which seasonally can draw up to 10,000 visitors per week-end . The business is a great meeting place for many loyal locals but also in recent years has been doing well with out of town shoppers looking for that Pick-me-up or light snack, as locations go it doesn’t get much better.


FINANCIAL INFORMATION

(A) Terms of lease
(B) Lease Duration: 13 Years Remaining on a 15 Year Lease (Renewable Lease)
(C) Rent: A mere €576 Per Week.
(D) Lease and Equipment - Price €59,950 (Includes, Stock, Fittings, fixtures decor & Sundries).
(E) Rates: Less than €140 per Week
(F) With a turnover of over €250,000 per annum. (with Strong Margins & Huge Potential).


STAFF COMPLIMENT

The owner is Hands-on and indeed has been from day One. He works alongside a A Team of Customer Focussed Staff. Usually 2/3 Staff will suffice but as the area grows and The Season it may run to 4/5. (The owner wishes to take on a different project hence the sale of this wonderful unit). The Current Well Trained Staff could be approached with a view to Stay-on to help this business to the next stage.

POTENTIAL

This Wonderful City Unit is the only such Traditional Light Snack Business within this area. Depending on owner appetite the potential is enormous - already recognised for it’s quality and simplicity, this is the go to place. This Business is all about Location and Street Exposure with endless passing Trade. Currently trading Mon-Sat 7am - 7pm The unit has a huge footfall of Luas both catching and alighting on the Doorstep… This would make a great Grab & Go unit to further enhance the Sit-in trade. The Very Prominent Position will lend itself to any Cuisine Style . Slush Puppies, Ice-Creams, Takeaway Coffees/Sandwiches would be a Daily Winner at this key site.

DÉCOR AND VENUE STYLE

This is a Particularly Bright Sharp Well Finished Unit of some 90m2 internally with a Traditional Café Layout of tables and chairs.. The Business makes full use of all possible seating space as seating is of a premium in this well-oiled Eatery. With tones of Pale Lavender, Burnt Sienna, Leather Wall Benches and Hardwood Furniture running through the colour scheme it does exactly what it needs. Perhaps it could benefit with softer touches for a more lucrative evening trade potential. Neat and Neutral Seating 30 Café Style Seats Internally with an additional 8/10 Seats outside for Alfresco Dining. W/C Facilities are located on café level and are fully compliable to Disability Access, they are
very clean, fresh and smart,

OPENING HOURS
Current Owner opens 7am – 7pm (Mon- Sat)

DETAILS OF ANY ASSETS

This is a FULL complement business of approx. (90m2) with a Spacious 30 Seats, This Lease is been sold as seen with all equipment display fridges, furniture included along with hoards of prep essentials and kitchen equipment. (A full list of equipment can be given at viewing stage) By far the biggest asset is the fact that the business is a known quality eatery with a captive audience of shoppers and visitors. Truly a Turn-Key Business in every sense of the word.

Property Information

Real Estate:

Lease

Lease Terms:

13 Years remaining on 15 (Renewable)

Leasehold Rent:

€30,000 per annum

Location:

Metres From Dulin's Spire at Busy Luas Line Stop

Premises Details:

90 M2 - 30 Seater/

Business Operation

Reasons for selling:

Business Owner Relocated

Trading hours:

7am -7pm

Employees:
4/5
Years established:
2

Other Information

Furniture / Fixtures value:
€20,000
Inventory / Stock value:
€1,000

Contact Information

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