Business Plan: Cafe Deluxe

My chosen location is East Finchley, London in Fortis green road. The asking price is £69,000 including the furniture and fixtures.                                                                                                                                    Sales revenue: £130,000                                                                                                                                    Net profit: £35,000                                                                                                    Years established: 2004                                                                                                 Trade: £2,500 p/w, Gross profit margin 75%

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Lease terms: The property is held by good value of a 15 year full repairing and insuring lease expiring in 2022. Passing rent is £8,500 per annum.

The target market for this café is individuals and couples of all ages, including nearby working people.  

Da Vincenzo is the previous name of the café a well-established Italian cafe/delicatessen in East Finchley. The present owners have had the business since 2002, only now it is being placed on the market due to the clients desire to focus on separate projects. Da Vincenzo is a very busy cafe based on Fortis ...

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