Highly rated coffee shop business for sale
- Asking Price: £59,995 +SAV
We are advised as per the 2020 accounts, the business generated a turnover in the region of £195,000. Full financials can be made available upon further request.
Please quote reference B06225
- Tenure: Leasehold
Please quote reference B06225
Hilton Smythe is delighted to welcome to the market a well-established and highly rated coffee shop. The business was established over 4 years ago by our clients, though our clients have thoroughly enjoyed running the business, they are now looking to focus on another business venture.
The coffee shop offers a variety of specialist coffee, tea, breakfasts, sandwiches, cakes and light lunches.
The business currently operates 7 days per week and generates a turnover of £195,00 per annum, with high gross profit margins.
Since establishment, the coffee shop has built up an enviable reputation within the area for the high quality of the products offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations. The business holds a 5 star hygiene rating.
The coffee shop holds a 5 star google, trip advisor and Facebook review status - with customers comments including ‘Very friendly staff, i had carrot cake and a tea. It was beautiful’ & ‘Warm, comfortable, and welcoming. Nice hot cappuccino and tasty ham and cheese croissant.‘.
Our clients are offering a handover period to ensure the continued success of the business.
The premises has modern décor with bespoke lighting, fully fitted kitchen/prep areas.
This is an excellent opportunity for a new owner to take this already thriving business with growth potential to the next level; therefore, early viewing must come highly recommended.
The business name and branding will need to be changed at point of sale.
Reasons to buy:
- Well established.
- 5-star reputation.
- Excellent location.
- Fully trained, reliable staff.
- Handover period offered.
- Turnkey business.
- Scope to expand should the purchaser desire.
We are advised that the business has 2 full-time and 3 part-time staff members.
The business hours are -
Monday – 07:30 – 17:00
Tuesday – 07:30 – 17:00
Wednesday – 07:30 – 17:00
Thursday – 07:30 – 18:00
Friday - 07:30 – 18:00
Saturday – 08:00 – 17:00
Sunday - 09:00 – 17:00
The business is surrounded by a wealth of shops, schools, and businesses, benefiting from a high volume of footfall and passing trade.
The area of the Coffee Shop is well served by the public transport system, with several bus stops within easy walking distance of the properties.
The coffee shop has an excellent branded signage, with modern seating and bespoke décor.
Seating area for 40+ covers
Parking – there is ample free car parking facilities within the proximity.
Premises are circa 170sqm.
We are advised that the business is being sold on a Leasehold basis, with 6 years remaining on the 10 year lease. The rent is £1,583 per month and has £5,892 rates payable per annum.