A CAFE bar and coffee shop for sale in Minehead is "one of the best" opportunities the selling agent has valued in recent times.
Richard Payne, managing director of Peninsula 22, a local South West business sales broker, is marketing Butterflies, in the resort's Wellington Square, which he describes as "meticulously maintained, well-appointed and superbly presented".
The asking price for the lease on the "complete turn-key operation for sale" is £75,000, on a turnover of £115,000 with a gross profit in excess of around £76,000 per year.
Mr Payne said the circa 1,120 sq ft premises "are displayed and presented beautifully throughout with quality fixtures and fittings, a detailed equipment inventory (owned outright/no leases), and clever use of space to allow multiple trading styles both daytime and evening"
There are currently 35 to 40 covers internally and 20 externally with a front pavement licence.
The business has an alcohol license and entertainments licence offering diversity of trading styles.
It is rated 4 and 5* on Trip Advisor and is popular with locals and visitors.
The business currently opens 30 hours a week, but there is huge scope to develop the trade, especially in the evening.
There is a fully equipped stainless steel kitchen and service are with four parking bays.
The premises i held on a seven-year lease that started in 2018 on a £14,400 annual rent.
A new seven year lease would be available to a buyer, subject to them paying the landlord's legal fees and costs..
For further details visit the BusinessesForSale.com website HERE.
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