Café / Bar | Business For Sale

Thursday, 31st January 2019

Business for Sale:

John Pye Auctions has a new business for sale. James Everist and Andrew Corden of CFS Restructuring LLP have been approached to assist with placing the Company into Administration and are seeking a pre-packaged sale of the business and assets.

Location: Bournemouth

Summary of the business:

  • Café / Bar
  • 13 members of staff
  • Based in Bournemouth
  • Mostly complete with fixtures and fittings – full list available upon request
  • A few pieces are on finance and would require negotiations with relevant financiers
  • Trades from leasehold premises with rent of £2,500 per month

 

Financial HighlightsYear Ended 31 July, 2017Year Ended 31 July, 2016
Turnover616,179670,605
Gross Profit152,253205,947
Gross Profit Margin %24.71%30.71%
Profit/ (loss) for financial year10,59945,467
Tangible Assets51,74361,944

Deadline for Expressions of Interest: 5pm, 31st January, 2019.

Deadline for offers: 12pm, 1st February.

Further Details, including a Non-Disclosure Agreement and Contact: 

James Everist

0115 838 7330

james@cfs-llp.com

 

 

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