For Sale
Highly Rated Coffee Shop / Cafe For Sale
Banbury, Oxfordshire
- Asking Price: £50,000 +SAV
-
Turnover:
The advised turnover for 2023 was £5,500 per month. Full financials can be made available upon further request.
- Tenure: Leasehold
Please quote reference B07891
CoGoGo are delighted to welcome to the market L'Espresso Coffee, a highly rated opportunity in Banbury.
L'Espresso Coffee came under our client's attentive ownership in 2022, establishing an excellent reputation and extremely loyal customer base.
The business now comes to the open market due to our client's desire to explore new ventures.
This admired coffee shop offers an array of delicious sandwiches, homemade mouthwatering foods, sweet treats, smoothies and more. They also offer a takeaway option and provide customers with the option to order online in a simple, fast and convenient way.
L'Espresso provide seating outdoors, to allow customers to enjoy the warm summer breeze, whilst sipping on one of their signature ice cold milkshakes.
There is huge potential to increase the turnover, by extending the opening hours, creating additional dishes for the menu and increasing the advertising and marketing to push the business further.
We are advised the business is run and managed by our client.
The current trading hours are:
Monday to Sunday - 8:00am to 4:00pm
This business is located in a small historic town of England called Banbury.
L'Espresso Coffee occupies a single fronted premises, with seating being available outdoors.
Tenure
We are advised the business is being sold on a Leasehold basis, holding a 7 year lease with rent reviews taking place every 3 years. The rent is £700 per month.
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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.
