Archived
Highly rated Coffee Shops for sale
Warwickshire
- Asking Price: £350,000 +SAV
-
Turnover:
Further financials can be made available upon request.
- Tenure: Leasehold
Please quote reference B07722
Hilton Smythe are delighted to welcome to the market a vibrant start up coffee shop brand based in Warwickshire.
The coffee shops operates from two locations, one at Warwick and the other in nearby Kenilworth.
The Warwick store was first established by our clients in 2019, with the second store in Kenilworth established in 2022. As seen by the online ratings and reviews, the businesses are extremely popular with the areas.
The business has now come to the open market due to our clients desire to move on.
In addition to delivering tasty treats for all dietary requirements, the business is proud of its commitment to the environment and the local community. Both locations serve drinks in compostable cups and lids alongside locally sourced and freshly made food that has really helped set the business apart from its competitors.
The business uses ‘Union Hand Roasted Coffee’ in particular Union’s signature blend ‘Revelation’ a bold, dark roast with hints of treacle and cinnamon with a rich caramel finish. The business is proud of its coffee offering that has an incredibly high score of 85/100 given by the SCA (Specialty Coffee Association).
For tea, the business uses ‘Brew Tea Co’ an elegant, bold, premium and fun company creating tea how it should be made with 100% rolled leaves.
The business is passionate about working with the local community and has fostered relationships with local independent bakeries etc and gets involved in community projects such as litter picking, community coffee mornings, dog walks for the Guide Dogs Association, Molly Olly charity drives to name just a few.
The sale of the business includes the company website and social media platforms.
Key selling points -
- A well established business with an enviable reputation and many existing customers
- Two prime trading positions with loads of footfall
- Current owner happy to offer a handover to ensure the continued success
- Great branding
- Ideal owner managed or partnership business
- Perfect bolt on to an existing coffee business looking for a foothold in these two locations
- Increase advertising and marketing
- Maximise the use of social media
- Extend the opening hours
- Expand the delivery side of the business
We are advised that the Warwick store has 4 full-time staff members, with 2 chefs and 4 part-time staff members at the Kenilworth store.
The current trading hours are -
Warwick -
- Monday to Friday 5:00am - 6:00pm
- Saturday - 7:00pm - 6:00pm
- Sunday - 8:00am - 4:00pm
- Monday to Saturday - 7:00am - 5:00pm
- Sunday - 7:00am - 4:00pm
The business occupies two highly desirable trading locations in Warwickshire.
Both stores have eye catching signage, receiving high levels of footfall and passing trade.
Both locations occupy properties that are ideally suited to the trade.
Tenure
We are advised that the business is being sold on a leasehold basis.
Warwick - Just renewed for 3 years with the lease to end in May 2027. The rent is at 17% above £80,000 turnover per quarter and 16% up to £80,000 turnover a quarter, subject to a minimum of £35,000 per annum.
Kenilworth - Currently on a 5 year lease, with break clauses in year 1 and year 3. The rent is £14,400 per annum.
