Newly Established Coffee Shop For Sale
- Asking Price: £159,995 +SAV
We are advised as per the 2022 accounts, the business generated a turnover in the region of £468,000. Further financials can be made available upon request.
Please quote reference B07051
- Tenure: Leasehold
Please quote reference B07051
Hilton Smythe are delighted to welcome to the market a thriving Coffee Shop & Deli which is growing month on month.
The business been under our clients ownership since 2021, and has already built up an excellent reputation and loyal customer base during its short time of trading.
Since establishment, the business has built up an excellent reputation, resulting in an abundance of repeat trade and word of mouth recommendations. The google reviews include comments stating,"my fav cafe in London. amazing customer service and beautiful, fresh food & drink. smoothies are to die for.", "Amazing selection of delicious cakes and pastries at reasonable prices (both vegan and non-vegan). Very nice, friendly café. Highly recommended." and "here is an amazing place and very kind people. Thank you for all your kind service and delicious taste." These are just a few of the many amazing reviews on Google.
Our client is offering a hand over period to ensure the continued success of the business.
The business is a thriving business which is still growing each month in income.
The following is included in the sale-
- La Marzocco 3 head espresso machine
- Mazzetr Coffee grinder
- Mocca master
- Buffalo panini press
- Adexa panini press
- Buffalo hob
- Clover POS
- Polar ice machine
- Polar fridge
- Polar freezer
- Adexa fridge
- UNO Dominance oven
- Deli counter display fridge
- Beverage display fridge 1
- Beverage display fridge 2
- Beverage display fridge 3
- Ice Cream display fridge
- Ice Cream scoop fridge
- Upright fright
- Upright freezer
- Chest freezer
- Mitsubishi air conditioner unit
We are advised that the business has 2 full-time staff member including the owner, with the help of 1 part time staff members. Our client has advised that he's looking at hire a couple more part time staff members.
The business hours are -
Monday – 8:00am – 8:00pm
Tuesday - 8:00am – 8:00pm
Wednesday – 8:00am – 8:00pm
Thursday - 8:00am – 8:00pm
Friday – 8:00am – 8:00pm
Saturday - 9:00am – 5:00pm
Sunday – 10:00am – 5:00pm
The business is located in London and benefits from being in close proximity to bus and train transports..
The premises is situated on a busy road, which allows excellent visibility from passing traffic and high levels of footfall.
The business occupies a double-fronted ground floor unit on a busy road and also has outdoor seating.
The business has eye catching signage and wide windows.
As you enter the premises, there is the open plan service area, with perimeter and central display stands. There is also a counter area with a serve over chiller.
The business also has onsite toilet facilities
We are advised that the business is being sold on a Leasehold basis, with 23 years remaining on the 25 year lease. The rent is £28,000 per annum (£2,333 per month)