Premier Internet Cafe - Berkshire For Sale in Berkshire- Business 4 Sale .co.uk

Business Summary

Property Particulars
Location
Situated on a very busy walkthrough between two major roads, and main shopping areas of this Major Berkshire Town. Surrounded by residential pockets and other small and large businesses, all within easy access of this business.

The Business
Is that of an established Internet Cafe with over 4,500 visitors each month. The Business has been around since 1996, which makes it one of the longest established Internet Cafes in the UK. The Cafe is well equipped and covers for approximately 28 with some covered, outside al fresco seating. The Cafe offers snacks, Panini's, sandwiches and cooked breakfasts as well as Tea, Coffee, Soft drinks and Cakes. The Cafe is also a licensed Bar and serves some alcoholic beverages.

The Cafe and Internet area has been refurbished this year at a cost of approximately £12k. The Business prides itself on the innovative ways that it operates and its motto is 'You can use our Computers as if they were your own.' The vendors have created a clean, bright and professional environment for customers to work and play. The business website is up to date, professional and informative and an asset to attracting more customers.

The business is not only an Internet Cafe, the vendors having cornered areas of other potential markets. A thriving aspect of the business are LAN Parties. Literally hundreds of birthday parties, lads' nights out, stag do's etc. have been successfully hosted at the Cafe and this aspect of the business provides a healthy extra income as well as building up a client base. Corporate events are also hosted in the Internet Cafe and, given the location, the premises are ideal for many businesses to host events or meetings. The Cafe has a good reputation serving the surrounding trading estates and also offers advertising spaces for local businesses. Both the parties and corporate events further supplement the already healthy income of the Cafe and fully utilise the premises.

Turnover is circa. £116k with good profits for a Business that is run under Management. The profit margin would obviously be higher for an owner operator.

In our opinion this business represents a great opportunity to acquire a well set-up, established business in a Prime Town Centre position. Details of profits and accounts are available to serious interested parties.

Business Premises
A deceptively large premise on 2 storeys with the Cafe at the front and Internet area at the rear and on the second floor. There are several Flat Screen T.V.'s for Cafe customers, which are used to promote the Internet business, advertising and screen Sporting events etc. at other times.

The Internet Cafe runs a unique catering service for their Internet users, similar to that of an Airline seat, where customers can order drinks and snacks without leaving their computer.

Tenure
The lease has 3 years remaining. The lease is within the Landlord and Tenants Act.

Rent
£28,000 p.a.

Rates
£9,500 p.a.

Staff
1 Manager
1 Full Time
2 Part Time

Price
The vendors are seeking £49,950 plus stock at value for the leasehold interest, fixtures and fittings, website and goodwill.

Property Information

	Property:	Leasehold

	Living Accommodation:	No

Other Details

	Is this a home-based business?	No
	Can this business be relocated?	No
	Is this business part of a franchise?	No

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