Lorraines – Coffee Lounge World Food

Price : £641,615.00

Location: Colchester
Sector: Cafes
Annual Turnover: Info available on request
Gross profit: Info available on request
Net Profit: Info available on request
Stock Value: Info available on request
Status: For Sale £50,000
Company accounts available: Yes available on request
Number of employees: 3
Is the business relocatable: YES
Is the business home based: NO
Is there accommodation included: NO
Is the business in administration/receivership: NO
Listed by: Private Owner
Asking price: £50,000
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SKU: Coffee shop for sale in
Category:
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In-depth description of your business

We currently operate virtual restaurants from this location.

Famously

MR BEAST BURGER
£1250 adv takings weekly

BHEROUZ BIRYANI
£1400 adv takings weekly

HOLY COW VEGAN INDIAN
£700 adv takings weekly

FASSOS – wraps
£700 adv takings weekly

Lorraine’s cafe
£500 adv takings weekly (not including seat in)

Trinity grill
£2-300 adv takings weekly

Daydream breakfast burritos
£12-1700 adv takings weekly

Sunny and fines breakfast burritos
£8-1100 adv takings weekly

Breakfast beauties
Not yet launched but secured

The breakfast food court
Not yet launched but secured

Brekkie bagels
Not yet launched but secured

Selling due to taking on a bigger unit for seperate franchise.

Internet downstairs with sky including guest WI-FI

STARLINK internet upstairs for the tablets. Equipment is here and subscription pending installation. (Can be returned or installed on request) – this merely is to provide high speed Wi-Fi to the tablets.

Very cheap electric £170 a month including vat 27p pkwh, low standing charge.

Grease trap to be installed under sink in kitchen (trap is here)

Dishwasher in kitchen for fast cleaning of plates and utensils tubs etc

Since November last year I have built a very successful business, turnover from opening to date (6 months in excess of £85,000) currently refurbished and open downstairs for eat in, 20 seater restaurant in high street location.

Newly refurbished kitchen, with A3 extraction. No gas all electric, including all built in and freestanding appliances.

£1000 per month rent
no rates for council as exempt

VAT registered, accounts being filed in august.

Can provide profit and loss statement.

Good opportunity to take over and expand in the cuisines, there are other brands I’ve secured which are not yet launched, secured means no one else can take them in the area and give you the exclusivity over the area.

With the additional brands expect another £3k turnover weekly.

This can easily become a £12k weekly location with an adv profit of £4k weekly in the right hands with the right team.

Currently managed by a 3 man team open from 8:30am- 21:30pm.