Sold
Immaculate Café With Accommodation
Coventry, West Midlands
- Asking Price: £69,999 +SAV
- Turnover: Capozzi Café generates an advised current turnover of circa £120,000 Per Annum.
- Tenure: Leasehold
Hilton Smythe welcomes to the market, Capozzi Café.There has been a food-based business at this site for many years and the current owner has run it as Capozzi Café for the last five years or so.Following a refit and rebrand the business has gone from strength to strength and become a popular eating and meeting place in the local community. The business is now being sold, albeit reluctantly and with a heavy heart only so that the owner can pursue his dream of returning to the restaurant industry.Capozzi Café is an immaculate Café selling traditional fare that is freshly Prepared on the premises using local ingredients wherever possible and offers a comprehensive menu including;• All day breakfasts served with tea or coffee• Omelettes with a great choice of fillings• Pies, all with fries, beans or peas• Eggs on toast, poached, fried or scrambled• Paninis with fries or salad• Hot baguettes or sliced bread or batch• Cold baguettes• Soup of the day• Pasta’s served with garlic bread• Daily Specials • Ham, egg and chips• Children’s meals• Burgers• Jacket potatoes • Coffees• Teas and specialty teas• Cold drinks.The business has many regular customers and is proud of its five-star hygiene rating. The business also has an alcohol licence.Café Capozzi enjoys good visibility on the internet from the likes of yell.com, www.yelp.com , www.192.com, and has its own Facebook page with 69 likes at Instruction. The business enjoys great reviews from the likes of TripAdvisor.Scope to Improve;• Advertising and marketing campaign • Maximise the use of social media • Extend the opening hours, perhaps by opening as a bistro in the evenings• Develop the outside catering side of the business• Introduce a sandwich round delivering lunches to local businesses • Exposure online offerings from the likes of Hungry House and Just Eat Reasons to Buy;• A well-established business with an enviable reputation and many existing customers • Prime trading position in an unusually busy and vibrant shopping centre • Low running costs with inexpensive rent and no business rates• Includes two bed living accommodation above or addition rental income.• Absolutely immaculate and all fixtures and fittings included make this a real Turnkey opportunity • Ideal owner managed or partnership business • A real opportunity to increase turnover significantly, current owner has been running at a pace to suit• Current owner happy to offer a handover to ensure the continued success.Hilton Smythe highly advise early viewing to avoid disappointment. This cracking little business is likely to attract considerable interest.
The business is run and managed by our client with the help of 7 part time members of staff.
Monday to Friday 7.30 am - 2.30 pmSaturday and Sunday 8.00 am - 2.30 pm
Capozzi Café is Located in Coventry in the West Midlands.Coventry is a city and Metropolitan borough in the West Midlands. Historically part of Warwickshire Coventry is the 9th largest city in England and the second largest in the West Midlands region with a population of 345,385 in 2015.Coventry is 19 miles east-southeast of Birmingham, 24 miles southwest of Leicester, 11 miles north of Warwick and 95 miles northwest of Central London. Coventry is near the M6, M69, M45 and M40 motorways. It is served by the A45 and A46 dual carriageways. The A46 gives a direct link to the M49 making use of the Warwick and Kenilworth bypasses.Capozzi café is ideally located in an unusually busy and vibrant shopping centre that is arranged around a large central green in a densely populated residential area which comprises a mix of property types which are privately owned and privately rented along with local authority housing.The business sits alongside many other complimentary retail businesses such as Butchers, Off Licence, Pharmacy, Convenience Store, Vaping Store, Bakery, Betting Shop, Hairdressers, Barbers and is diagonally opposite a busy ASDA Supermarket which means the business benefits from impressively high levels of footfall and passing trade.The business is beautifully presented and maintained with clear visible signage and distinctive livery. There is free, on street parking immediately outside the premises and all around the central green. There is also time limited, free parking in the ASDA supermarket opposite.
Capozzi Café occupies the ground floor of an inner terraced retail unit and is presented to the highest standard and briefly comprises;Café• Windows and glazed door to front creating a really light, airy and inviting interior• Wood effect flooring• Suspended ceiling with concealed lighting• Dado rail• Floating shelves• Wall mounted fan heating• Nice quality tables and chairs currently providing 30 covers but room for more• Feature menu boardsOpen plan Kitchen• Spacious and immaculately presented catering kitchen• Counter with glass fronted drinks chiller• Further counter with Fracino coffee machine and Fracino coffee grinder• 2 compartment fridge with stainless steel worktop• Stainless steel splashbacks• Full extraction system with stainless steel canopy• 6 burner range cooker with oven beneath• 2 x single basket fryer• Buffalo griddle• Vinyl non-slip flooring• Stainless steel upright fridge• Freestanding stainless-steel shelving unit• Stainless steel sink and drainer with spray tap• Ecomax commercial dish washer• Ceramic hand wash basin• Wall mounted paper towel dispenser• Stainless steel preparation tables• 4 pot Bain Marie• Frigidaire under counter fridge• Silver microwave perimeter shelving• SAM4S till• Freestanding tray storage unit• Freestanding cutlery storage unitTo the rear of the premises is a detached, steel store Room with power and light and includes:• 2 chest freezers• 2 fridge/ freezers• Perimeter shelving and floor storage space• Two allocated parking spaces also.To the first floor is a two-bedroom maisonette with;• Lounge• Kitchen• BathroomThis would be ideal for owner occupation or alternatively could be rented out for additional income. Local letting agents anticipate an annual rent of between £6000 and £7200 per annum.The business premises are secured by electric shutters and an alarm system.
Tenure
We are advised that Capozzi Café is being sold as a Leasehold business opportunity. The existing 7-year Lease has approximately 6 years remaining. The rent is £16,600 per annum which is really reasonable given the size and location of the business and the fact that is also includes two bedroomed living accommodation.We are advised that the business benefits from being exempt from business rates.
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