Listing Number: 66661-86685
This is a rare opportunity to purchase a renowned Middle Eastern patisserie and teahouse. All goods are freshly baked every day at the in-house bakery to the highest quality, which attracts a wide customer base from all over the world. This promotes steady gross sales of £220,000 per annum over the hours of 09:30-21:00 from Monday to Saturday. The business owns a readily renewable Leasehold over the property with rental costs of £22,000 per annum.
The patisserie boasts a flexible catering scheme and talented bakers that can accommodate the needs of both individuals as well as high quantities required for weddings and restaurants. Outdoor seating is available for customers who wish to enjoy their purchase of pastries with a beverage. The patisserie is very popular among an affluent clientele of residents in the area as well as international visitors. The local area is particularly vibrant with many high-end boutiques and restaurants that cater for a number of different cuisines.
The owner is looking to sell due to reasons of ill-health and retirement.
The business is being marketed by Transworld Business Advisors as sole agency advisors.
- Price: $165,000
- Down Payment: $0
- Sellers Discretionary Earnings: $0
- Total Sales: $0
- Location: Greater London, England
- Inventory: $0
- FF&E: $0
- Employees: 0
- Reason for Selling: The owner is looking to sell due to reasons of ill-health and retirement.
- Category: Catering