£0 £1000000
£0 £1000000

English Café Busy Location Leicester

Leicester, Leicestershire

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Sold

£39,000 +SAV

Ref: 14353 J

Leasehold

Overview

Hilton Smythe welcomes to the market Kwik Bite which was established by our client several years ago. Our client is now looking to sell as they have another business that they are looking to concentrate on. Kwik Bite is a traditional English café serving breakfast and lunch. The menu includes jacket potatoes, wraps, sandwiches, burgers, sandwiches, hot breakfasts, salads, specials; as well as a range of hot and cold beverages. There is currently no website or social media site, but it does have a 4* Google rating. Social media should be something the purchaser considers, to increase customer base. Kwik Bite is run as a part time venture as our client has another business. The business opens weekends to cater for football and rugby matches however doesn’t cater for evening matches which is an opportunity to improve turnover. The business is also currently closed 8 weeks of the year also due to sellers personal lifestyle, therefore, a lot of scope to improve turnover.Hilton Smythe highly advise early viewing to avoid disappointment.

Turnover
Kwik Bite generated an advised turnover of circa £49,000 as of the 2016 accounts.

The business is run and managed by our clients.

The business opening hours: Monday: closedTuesday - Friday: 8.30am - 2.30pmSaturday & Sunday: closed These hours have been set to suit our client’s lifestyle and there are no restrictions on the lease regarding opening longer hours.

Kwik Bite is located in an enviable position opposite Leicester Tigers’ Welford Road Stadium on the Southern edge of the city centre of Leicester, Leicestershire. Not only is Kwik Bite located opposite Leicester Tigers stadium which has a match day capacity of 25,849, but also within a few hundred metres of Leicester City FC’s King Power Stadium with a match day capacity of 32,312, Leicester College and Leicester Royal Infirmary all bringing in a high footfall. There is parking close by in local car parks.

Outside there are 2 tables giving seating for 6 people. The entrance door opens into the main café with bar seating for 8 and 3 further tables giving seating for 8.Serving area has display fridge, coffee machine, under counter fridge, cooker. Behind the serving area are stairs leading to the flat above and also a door to the kitchen. The commercial stainless steel kitchen comprises griddle, double deep fat fryer, Bain Marie, microwave, 2 x sinks, fridge/freezer, toaster, commercial extractor combi oven and boiler. Past the kitchen is a large walk in chiller and door to the outside. The kitchen also has access down to the cellar. The outside courtyard has access to the outside WC, store room with 2 x freezers and rear pedestrian access. The flat, which is accessed directly off the café has lounge, kitchen, bedroom and bathroom, double glazing and gas central heating. Within the flat is some equipment which is being stored this includes tea urn, hot dog machine, double panini machine and microwave these are included in the sale.

Tenure
We are advised the business is being sold as a leasehold business opportunity. Remaining lease length: 2 years as of 2017. Rent: £7,600 per annum. The landlord is flexible about renewing the lease.

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