For Sale
Highly rated Cafe business for sale.
London, Greater London
- Asking Price: £50,000 +SAV
-
Turnover:
We are advised as per the 2021 accounts, the business generated a turnover in the region of £260,000. Further financials can be made available upon request.
Please quote reference B06983
- Tenure: Leasehold
***Viewings and discussions are strictly by appointment only and arranged by Hilton Smythe***
Please quote reference B06983
Hilton Smythe is delighted to welcome to the market Nayla Cafe, a highly rated café located at Finchley Road, London.
The business was established in 2020, after a full refurb of the premises the business commenced trading. Our client took over the business in 2021, though has thoroughly enjoyed running Nayla café, the business now comes to the market due to a change in personal circumstances.
The café operates 7 days per week and generates a turnover in the region of £260,000 per annum, with a high gross profit margin.
Nayla Cafe offers a variety of fayre including breakfasts, hot and cold sandwiches with a variety of fillings, salads, hot meals, snacks, and a wide selection of quality hot and cold beverages.
The business has built up an enviable reputation within the area for the high quality of the products and service offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations. The business also has good social media exposure with around 100k views on google per month and 3k followers on Instagram, growing daily.
Online ratings -
- Deliveroo rating 4.6 out of 5 over 100 reviews
- Uber rating: 4.8 out of 5 over 100 reviews
- Just Eat rating: 5.5 out of 6 under 50 reviews
- Google review 4.9 out of 5 under 50 review
We feel there is scope to increase the turnover by extending the opening hours and pushing outside catering.
This is an excellent opportunity for a new owner to take this already thriving business, with massive growth potential to the next level; therefore, early viewing must come highly recommended to avoid disappointment.
The current owner is happy to offer a handover to ensure the continued success of the business.
The sale of the business includes the following -
- Kitchen prep tables and shelving
- Waffle machine
- Double grill
- 4 Chest freezers
- 1 Fridge single door
- 1 Fridge double door
- Oven
- Double fryer
- Microwave
- Ice maker
- Tables and chairs (20+ covers)
- Counter and till system
We are advised that the business is owner run and managed, with the help of 2 part-time members of staff.
The business hours are -
Monday – 09:00 – 17:00
Tuesday – 09:00 – 17:00
Wednesday – 09:00 – 17:00
Thursday – 09:00 – 17:00
Friday – 09:00 – 17:00
Saturday – 10:00 – 17:30
Sunday – 10:00 – 17:30
Nayla Cafe occupies a prominent trading position on Finchley Road, Northwest London.
The business is surrounded by a wealth of complimentary shops and businesses, therefore benefits from a high volume of footfall and passing trade.
The area of the business is well served by the public transport system, with several bus stops within easy walking distance.
The area is well served by the A-roads, with the A41 within easy driving distance of the business, which leads to the M1 & M25 motorway network.
There is ample parking within the proximity.
The premises has great eye-catching signage with an external seating area at the front.
Service Area -
- Seating area with beautiful, bespoke floral décor
- Large menu boards
- Display shelving
- Storage
- Stainless steel sink
- Handwash area
Tenure
We are advised that the business is being sold on a Leasehold basis, with 3 years remaining on the 5 year lease. The rent is £22,000 per annum.
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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.
