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Quick Sale! Thriving And Beautiful Park Cafe Franchise For Resale For Sale

Grenwich, London, UK
Asking Price:
£89,500 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
£50K - £100K
Cash Flow:
£50K - £100K

This cafe is busier now and thriving since March this year as everyone needs to be outside.

I am delighted to present to the market Pistachios in the Park, East Greenwich Pleasaunce. Established for 12 years within a beautiful park. Now being made available for sale due to relocating to Tunbridge Wells to move in with my fiancé.

The licensed business comes with many opportunities for both daytime and evening events operation. As you may see from the popular Facebook pages, we have held parties, outdoor cinemas and had Djs and pop up restaurants.
The business prides itself on providing freshly cooked food using good quality ingredients, from all day breakfasts and our best selling stone baked pizzas.
The business attracts a very healthy mix of customers from local workers, families, local school parents as well increased weekend footfall from the many people who live nearby and the children's centre next door and the school opposite.

Delivery partners include –
Just Eat

We currently advertises on the following platforms –
Facebook
Instagram
Google 4.9/5

I would like the next buyer to take the cafe to the next level of which it is more than capable of. Making it a destination.

The cafe was newly decorated during the first lockdown where I made more of the alcohol licence as we are the only open 'pub' in the area most of the time right now.
Any new buyer will have the ability to walk straight in and continue trading and I will stick around to ensure a smooth transition and introduce you to the customers.
We have good staff who would come with the cafe should you hopefully wish.
A full business handover will be offered.

Location
Pistachios in the Park cafe is in a very busy park in East Greenwich. The business sits within schools and play centres so lots of children for the ice cream bar :)
The business sits in between 2 mainline stations – Maze Hill and Westcombe Park

Premises
External – there is a terrace area to the front and the rest of the park for benches of which we have a lot - looks great with umbrellas in the summer.
internal - indoor dining for 25 covers and lots of seating just outside the cafe (perfect for the Covid climate)
2 Large customer toilet (with disabled accessibility)
All the equipment is included to ensure a smooth handover especially the epic Stone Baked Pizza Oven.
A new 11-year lease would be made available with an annual rent payable of £3,600

Hours
Monday to Sunday – 8.30am to 6pm


Financial Profile
At the moment, in winter for a park) we are taking around 3.5k a month.

For more information, please contact us by using the form below.

Property Information

Property:

Leasehold

Lease Terms:

11 year from the 1st Jan 2020 till 31st December 2031

Leasehold Rent:

296 per month per annum

Location:

Greenwich, East Greenwich Pleasaunce. In a park.

Premises Details:

Award winning green cafe, underfloor heating and solar power, with huge opening bIfolding doors

Business Operation

Expansion Potential:

We have signed to Just Eat

Competition / Market:

There is no competition here in the park, once your customers enter the park they are "captive"

Reasons for selling:

Moving to Tunbridge Wells

Trading hours:

9 am till dusk in the Winter, 9 am till 6pm Spring to Autumn

Employees:
1 full time
Years established:
11 years

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

6.75% franchise fee per month of Gross Sales

Other Information

Support & training:

There will always be support throughout the lease term (New 12 year lease) from the franchisor

Furniture / Fixtures value:
£30,000 - included in the asking price
Inventory / Stock value:
£5,000 - included in the asking price
Website:
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Related Documents:

Contact Seller

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