The Comfy Pew was established in 1975 and our client took ownership in 2019.
The business is very well known in Gloucestershire and offers a range of freshly prepared meals, lite bites and drinks. Our client is a business turnaround specialist and purchased this business solely for this purpose. The business now has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this excellent trading position.
The building is available on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial lease. The current lease is a ten year lease which began in 2014 at a cost of £240 per week.
The Comfy Pew has traded solidly since opening and our client has established a strong repeat customer base. We are advised that the business has annual turnover of £138,816 and gross profit of £80,527.
Asking price currently set at £19,500!
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