Extremely popular Cake and Coffee shop in Melbourne for sale
- Asking Price: £40,000 +SAV
We are advised as per the 2021 accounts, the business generated a turnover in the region of £102,000, with a net profit in the region of £10,000. Full financials can be made available upon further request.
Please quote reference B06697
- Tenure: Leasehold
Please quote reference B06697
Hilton Smythe welcomes to the market an exciting opportunity to acquire (on a leasehold basis) an exceptionally popular and well-run cake and coffee shop business.
The business was first established by our client over 4 years, who initally created it as an online business. Due to the exceptional growth of it, they then decided to start trading from the current shop since November 2020. The business been reluctantly introduced to the market due to our clients interest in pursuing other ventures, with them keen to see the business pass to someone with the same passion and enthusiasm to take the business forward.
The Cake House offers customers the chance to sample delicious homemade cakes, alongside bakes from master bakers, a vegan specialist, and picture-perfect patisseries along with locally roasted Italian coffee, loose leaf tea and delicious hot chocolates. They have covers for 8 -10 people but there is potential to seat up to 12. The shop is extremely popular not only locally due to their netwoking with local businesses, but also with customers who are willing to travel great distance as they see this as a destination business.
We feel there is scope to increase the turnover with extended opening hours as they have permission to open seven days a week, also with the possible introduction of an online ordering and collection service and offering an outside catering service for private and corporate events would also help to increase turnover.
The business trades on its reputation for quality and service and has outstanding future possibilities. It would potentially be an ideal acquisition to some similar sized or larger enterprise looking to increase its position and presence within the industry.
The sale of the business includes some of the following equiptment -
- Refurbished 2 Group Fracino coffee machine
- MC1 -Cunill 2 kilo automatic black grinder
- Barista kit
- Knock out box
- IEN 6000 water filter and head
- All Fixtures and fittings
- 4 small Bistro tables and 8 matching chairs
- Large gallery round table and two wooden chairs
- Crockery and cutlery
- Cake stands
We are advised that the business has 1 full-time and 3 part-time members of staff.
The business hours are -
Monday – Closed
Tuesday - Closed
Wednesday – Closed
Thursday - Closed
Friday – 10:00 – 16:00
Saturday – 10:00 – 16:00
Sunday – 10:00 – 16:00
The business is located within a pretty courtyard setting in the market town of Melbourne, Derbyshire.
Melbourne is a historic and popular town in a convenient location and benefiting from easy access to a range of major towns and cities, including Derby, Nottingham, and Birmingham. Major road networks are within easy reach including the A50, A38, M42 and M1 along with excellent rail links via the East Midlands Parkway which can be found 10 miles away.
The business is tucked away in a pretty courtyard setting and was designed and styled with help from an interior designer to create a gorgeous bijou space.
Entered via the main door into the main area with a mixture of tables and chairs to accommodate 8 – 10 covers but has the potential for more, a main service counter with various display areas.
Our client currently bakes all the products at home, and uses the counters to display them.
We are advised that the business is being sold on a Leasehold basis, with 2 years remaining on the 3 year lease. The rent is £435 per month.