For Sale
Well Established Cafe For Sale
Coventry, West Midlands
- Asking Price: £99,995 +SAV
-
Turnover:
Financial information can be made available upon request.
Please quote reference B07511
- Tenure: Leasehold
Please quote reference B07511
CoGoGo are delighted to welcome to the market Cocoa Caffe, a well established and highly rated cafe based within the West Orchards Shopping Centre in Coventry.
The business was founded by our client in 2016 and in that time has built up an excellent reputation, it has now come to the open market due to our clients desire to pursue other business interests.
The business offers all your regular coffee choices along with some speciality coffees. The cafe also offers afternoon tea, a breakfast menu, light lunches, sandwiches, toasties and even desserts & ice creams.
The café is situated within west orchard shopping centre, providing ample footfall along with the abundance of repeat custom and word of mouth recommendations.
Key Selling Points -
- Excellent location
- Beautifully presented
- High footfall area
- Well established
- Great reputation
- Increase social media advertising
- Offer discounts for multiple purchases
- Tables and chairs
- Coffee machine
- Display Cabinets
- Microwave
- Fridges
- Freezer
- Serve over chillers
The business is run and managed by 3 full time staff and 3 part time staff members.
The business trading hours are as followed:
Monday to Saturday - 08:00am to 17:30pm
Sunday - 10:00am to 16:30pm
The business is located within the town centre of Coventry and benefits from a high footfall and very busy chopping centre location.
The business is situated within a unit inside the West Orchard Shopping Centre.
The business is beautifully presented and has eye catching signage.
Tenure
We are advised the business is being sold on a Leasehold basis with an original 15 year Lease currently in place, the rent is £55,000 per annum.
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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.
