£59,995

Restaurant for sale

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Business

£59,995

Restaurant for sale

London, England, United Kingdom SE12

Local area information

Property location

Nearby amenities

  • Grove Park 0.1 miles
  • Haberdashers' Aske's Knights Academy 0.2 miles
  • Launcelot Primary School 0.3 miles
  • Sundridge Park 1.1 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

Business
Please quote reference B07606

Cogogo are pleased to have been given the opportunity to manage the sale of Bubble & Squeak which is a well established Cafe with a renowned reputation amongst local residents. This is a superb opportunity to take on a popular and well used local business in an area teeming with customers.

There has been a café business at this site for over 20 years. The current owner has been running it for the last eight and a half years and the business has been a real labour of love for him and his family.

The business is now being sold, albeit reluctantly and with a heavy heart only due the owners wish to pursue a change of direction, he is keen to see his beloved café pass to an ambitious and entrepreneurial new owner who can take this already thriving business to the next level.

Bubble & Squeak enjoys a great reputation and has an impressive number of regular customers many of whom are known on a first name basis by the owner and his wife who are popular and well respected members of the local community.

The business serves traditional fare that is freshly prepared on the premises using local ingredients wherever possible.

The menu includes:


  • Breakfasts
  • Sandwiches
  • Rolls and Baguettes
  • Jacket Potatoes
  • Omelettes
  • Salads
  • Paninis
  • Light Meals
  • Sides and snacks
  • Hot and cold drinks
  • Cakes and pastries

The sale will include the company social media platforms and the business enjoys good visibility online with impressive reviews such as;


  • “The food here is very tasty, portions are generous and the price is good value “
  • “Great prices and lovely service”
  • “Very nice latte and super friendly staff”

Key selling points -


  • A well established business with an enviable reputation and many regular customers
  • Current owner happy to offer a handover to ensure the continued success of the business
  • Ideal owner managed or partnership business
  • All fixtures, fittings and equipment pursuant to the successful running of the business included in the sale making this a real Turnkey business opportunity

Scope for further growth -


  • Advertising and Marketing campaign. A local leaflet drop usually yields good results
  • Maximise the use of social media
  • Website, ideally with gallery and online ordering facility
  • Introduce a sandwich round delivering to local businesses at lunchtime
  • Extend the opening hours perhaps opening as a Bistro in the evenings


Location
Bubble & Squeak Cafe is located on Baring Road in London.

The business sits alongside other complimentary retail businesses and thus benefits from high levels of footfall and passing trade.

The business is immaculately presented with clear visible signage.

Premises
The business is immaculately presented with clear visible signage.

Ground floor -


  • Cafe area
  • Kitchen - Fully equipped catering kitchen.


Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 10 year lease. The rent is £13,500 per annum.

Hours
The current trading hours -

Monday to Friday - 7:00am - 5:00pm

Saturday - 8:00am - 5:00pm

Sunday - 8:00am - 4:00pm

Staff
We are advised that the business is run and managed by our client, with the help of his wife, 1 part-time and casual staff as and when required.

Financial Profile
This business generated a turnover of £156,000. Further financials can be made available upon request.

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Cogogo. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Cogogo for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. London
  4. South London
  5. Lee
  6. Baring Road