Restaurant/cafe for sale in London, England, United Kingdom N4
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Property description
Business
Please quote reference B07598
CoGoGo are happy to welcome to the market The Front Room Cafe Limited, a well established and highly rated cafe and coffee shop in the Finsbury Park area of North London.
The business was first established by our client in 2004, building up an excellent reputation and regular client base. As seen by the many online ratings and reviews, the business is extremely popular within the local area.
The Front Room Cafe Limited has now come to the market due to our clients desire for a change of direction.
The Front Room Café is a homely and friendly establishment situated at Tollington Park. The business is just off the popular eating strip of Stroud Green Road and not far from Finsbury Park Theatre.
The business is truly part of the local community with loads of regular customers, many of whom are known on a first name basis by the owner who is a popular and well respected member of the local scene.
The business aims to offer a taste of home from the freshly prepared food using local ingredients wherever possible to the unique front room style interior décor.
The menu includes breakfast, brunch, lunch and afternoon dishes which includes firm favourites that the locals and the loyal clientele love along with;
- Eggs done all ways, Benedict, Florentine, Royale, on toast etc
- Cereals and toasts
- Sandwiches
- Salads
- Burgers
- Daily Specials
- Kids menu
- Hot and cold drinks
- Sweets and treats
The business benefits from an alcohol licence and 5 star hygiene rating. Customers will find artwork on the walls from local artists and can also enjoy eclectic music from all genres from jazz to classical and mellow house.
The sale will also include the company website and social media platforms, with the business enjoying great visibility online with lovely reviews.
Key selling points -
- A well established business with an enviable reputation and many regular customers
- Current owner would be happy to offer a handover to ensure the continued success of the business
- Ideal owner managed or partnership business
- Prime trading position with loads of footfall and passing trade
- A real opportunity to increase turnover and profits significantly, the current owner has been running at a pace to suit
Scope for further growth -
- Advertising and Marketing campaign, a local leaflet drop usually yields good results
- Extend the opening hours, perhaps opening as a bistro in the evenings
- Introduce a delivery service, there is real demand in the area
- Start a sandwich round delivering to local businesses at lunchtimes
- Develop an outside catering arm to the business
Location
The Front Room Cafe Limited is located on Tollington Park, in the Finsbury Park area of London.
The business is beautifully presented and maintained with clear visible signage and sits alongside other complimentary retail businesses.
The cafe is close to the Emirates stadium benefiting from really high levels of footfall and passing trade.
Premises
The business occupies ground floor premises ideally suited to the trade with a generous café area with tables and chairs providing approximately 32 covers, open plan kitchen and sandwich preparation area.
There is seating outside for approximately 16.
Tenure
We are advised that the business is being sold on a leasehold basis, currently on a 12 year lease. The rent is £36,000 per annum.
Hours
The current trading hours are -
Monday to Saturday - 8:00am - 5:00pm
Sunday - 9:00am - 5:00pm
Staff
We are advised that the business is run and managed by our client, with the help of 3 full-time and 1 part-time staff members.
Financial Profile
Further financials can be made available upon request.
For more information about this property, please contact
Hilton Smythe Business Sales, BL1 on +44 1204 351867 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Business Sales, and do not constitute property particulars. Please contact Hilton Smythe Business Sales for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.