Archived
Highly rated Cafe business for sale
Derby, Derbyshire
- Asking Price: £34,999 +SAV
-
Turnover:
We are advised as per the 2020 accounts, the business generated a turnover in the region of £77,000, with an adjusted net profit in the region of £23,000. Full financials can be made available upon further request.
Please quote reference B06317
- Tenure: Leasehold
Please quote reference B06317
Hilton Smythe are delighted to present to the market White Orchid Café, a highly rated and popular café business located on Ashbourne Road, Derby. Our client took over the business in 2019, though she has thoroughly enjoyed running the business, she is now looking to focus on another business venture.
The current menu includes breakfast, lunch, gluten free & vegetarian meals. The café has 35 covers.
The sale of the business includes -
- Tables and chairs
- Bespoke lighting
- Bar stools
- Sofa and tub chair
- Menu boards
- Coffee machine
- Tall drinks fridge
- Commercial kitchen appliances
- Freezer
The business has an excellent reputation with the google reviews stating ‘It is our favourite place in Derby for a proper full English and GREAT coffee. They never let us down. It's delicious. Great English hospitality. Interior is lovely.’ And ‘Brilliant! Great food, great portions and great service!’
We are advised our client will offer a full business handover to allow a smooth transition to a new owner.
Reasons to buy:
- Low overheads.
- Hand over period offered
- Plenty of scope for expansion
- Excellent reputation and location.
We are advised that the business is owner ran and managed, with the help of 1 full-time and 1 part-time staff.
The business hours are -
Monday - 09:00 – 14:00
Tuesday - 09:00 – 14:00
Wednesday - 09:00 - 14:00
Thursday - 09:00 - 14:00
Friday - 09:00 – 14:00
Saturday – Closed
Sunday - Closed
The business is located on Ashbourne Road providing an abundance of footfall.
The area is surrounded by a wealth of complementary shops and business, with free parking within the proximity.
Derby train station is just 1.8 miles away and there are main bus links leading to and from surrounding towns.
The A52 is just a short drive away which leads to the M1 motorway network.
The premises has large eye catching signage, with glass frontage providing natural lighting. Upon entrance the premises are beautifully decorated and designed with 35 covers.
All fixtures and fittings included making this a real Turnkey business.
The rent is reasonable given the size and location of the premises, also our client advises the landlord is offering a new 10-year lease should the purchaser desire.
Tenure
We are advised that the business is being sold on a Leasehold basis, with 1 year remaining on the 3 year lease. The rent is £833 per month.
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Hilton Smythe have their very own independent commercial finance broker Hilton Smythe Finance who can help with raising the money to buy your new business.
Representative Example
Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
Rates may differ as they are dependent on individual circumstances. Subject to status.
