| (REF: M3571) Internet Cafe Plus Mobile Phones, Laptops Plus Accessories, Repairs & Sales |
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| Seller Reference: |
M3571 |
| B4S Reference: |
32152 |
| Asking Price: |
£82,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£182,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
North London, London, United Kingdom |
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Nationwide are pleased to offer to the market : Tiled floor. 18 computers with screens. Counter, electronic cash register.
Charges we understand £1 per hour for computer use. 20p for printing. £1 per page scanning. £1/£1.50 for faxing.
2 cloakrooms each with w.c. and wash hand basin
The vendor has recently opened a Barbers Shop to the rear of the Internet Café which has access to the Internet Café plus separate access. We understand this is fully equipped including 2 chairs with mirrors plus 1 back basin. As stated this has recently been opened and the turnover is currently in the region of £700 p.w. however, the present owner is confident that this should substantially increase as and when the Barbers Shop becomes better established. We further understand that the profits of the Barbers Shop are shared on a fifty/fifty basis with the owner of the Internet Café.
WE ARE INFORMED the turnover averages £3,500 p.w. including mobile phones, laptops, repairs and sales. We are further advised that the gross profit is in the regon of 65%.
We understand the premises are held on a secure renewable lease, the present lease having approximately 17 years unexpired at a rental of £18,000 p.a. exclusive of rates up to 2013, with rent review at that time and thereafter every 5 years.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £82,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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Property: |
Leasehold |
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Living Accommodation: |
No |
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Location: |
Occupying a corner position, end of parade, busy road, LONDON, N |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Monday - Friday inclusive - 9 a.m. - 8 p.m.
Saturday & Sunday opening - 10 a.m. - 6 p.m. |
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The business is at present operated by the vendor with the assistance of 1 full time and 1 part time staff. |
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