Archived
Unqiue coffee shop business opportunity for sale
Northampton, Northamptonshire
- Asking Price: £25,000 +SAV
-
Turnover:
Financials can be made available upon further request.
- Tenure: Leasehold
Please quote reference B07242
Hilton Smythe are delighted to welcome to the market Aurum's Lounge Limited, a highly rated unique coffee shop opportunity in Northampton.
This business opportunity was first established in July 2022, building up an excellent reputation and repeat client base during its short time of trading.
The business has now come to the open market due to a change in personal circumstances.
Aurum's Lounge is an "Instagrammable" Coffee Lounge by day and Wine Bar by night, hosting Coffee, car meets and events. They also offer freshly cooked Pizzas, Hot Drinks, Cocktails, Desserts and Shisha. This is definitely not your average coffee house!
At Aurum’s Lounge, they pick and brew the best beans to make sure the coffee you enjoy will be a unique and satisfying experience for both body and mind. They thrive on being the most 'picture perfect' lounge.
Key selling points -
- Without doubt, one of the nicest Coffee Lounges / Wine Bar to come to market for some time
- Considerable money has been spent by the current owners to ensure this is the nicest type of this business outside of London
- A real opportunity for an ambitious and entrepreneurial new owner to take this fantastic little business to great heights
- Current owners happy to offer a handover to ensure the success of the business
- Ideal owner managed or partnership business
- Lends itself perfectly as a Bolt on to an existing hospitality business
- Prime trading position with loads of footfall
- Advertising and marketing campaign
- Extend the opening hours
- Introduce a loyalty card / scheme
- Explore online voucher discounter offerings from the likes of Groupon, Wowcher and Tastecard
- Introduce a delivery service which would have a significant effect on turnover and profits
We are advised that the business has a manager and 4 part-time staff members.
The current trading hours are -
Monday – 09:00 - 16:00
Tuesday - 09:00 - 16:00
Wednesday - 09:00 - 16:00
Thursday - 09:00 - 16:00 & 19:00 – 23:00
Friday - - 09:00 - 16:00 & 19:00 – 23:00
Saturday - 09:00 - 16:00
Sunday – 10:00 – 16:00
Aurum's Lounge is located on The Waterfront, in Northamptonshire.
Occupies a rented premises.
Ground floor -
- Generously proportioned with a pleasing upmarket feel, high quality tables and chairs currently providing approximately 50 covers but room for more if required, Brand new fixtures and fittings with no expense spared, bespoke floral displays.
- Beautifully presented and fastidiously maintained with clear visible signage and distinctive livery.
- Patio area with seating for at least 30
- 69 space car park
Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 4 year lease (Exit option in July 2023). The rent is currently £1,500 per month. From year 2 and onwards, the rent will be £1,700 per month.
Enlarge Map
Looking to sell a similar business?
Find out moreNeed help with finance to purchase this business?
Hilton Smythe have their very own independent commercial finance broker Hilton Smythe Finance who can help with raising the money to buy your new business.
Finance Calculator
Powered by Hilton Smythe
Hilton Smythe have their very own independent commercial finance broker Hilton Smythe Finance who can help with raising the money to buy your new business.
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.
