Ice-cream parlor- Desert Lounge /East london/Ref No: 22238
An opportunity to acquire a prominent location and a high profit margin business of 70%, on high street, Well-established business having famous franchise and high profit margin of 70% for last 3 years can achieve up to 80%, Situated in the mall having entry from the high street can increase working hours commercial area an excellent opportunity for business growth, potential to add new lines of business, need full time management.
Overview: Situated on high street and mall near to Ilford station lot of passing trade, good customer relations specialises in deserts and ice-creams, quite popular spot among the youngsters and family get together, play area for the children inside the shop attracting kids to spend time and enjoy the treats a strong goodwill and introduction of new lines would increase the business.
The Premises: The shop floor is of 4000 square feet is well maintained with attractive ambience for the teens, play area for the kids with fixture and fittings, having 150 cover, Display freezer and counter for ice cream, work station for preparation of deserts a, hot drinks, storage at rare, CCTV, toilet.
Financials: Weekly T/O “Between” £14000 to £20000 from sales of shop.
Service Charges: £30000P.A
Timings: Opening hours From Monday to Sunday 11.00 A.M – 11.00P.M.
Price: The business is marketed for £425000 it includes the goodwill, fixtures & fitting, stock as per valuation.
Tenure: Leasehold for 9 years.