Under Offer
Well established coffee shop for sale
Sheffield, South Yorkshire
- Asking Price: £39,995 +SAV
-
Turnover:
We are advised as per the 2022/2023 accounts, the business generated a turnover in the region of £79,000. Further financials can be made available upon request.
- Tenure: Leasehold
Please quote reference B07600
CoGoGo are delighted to welcome to the market Nest Coffee, a highly rated coffee shop in a desirable area of Sheffield.
This highly rated and well respected business opportunity was originally established in 2012, with our client taking over in 2016. The business has built up an excellent reputation and repeat client base.
Nest Coffee has now come to the open market due to our client relocating.
Nest Coffee is a community driven business that was voted as the number 1 coffee shop in S10. They're proud to support and use local supplies and boast a 4.7/5 google review score. They also have a 5 star TripAdvisor score and is completely staff run. The trade split is currently 70% eat in and 30% takeaway. The business also has a 5 star food hygiene rating.
Key selling points -
- Over 10 years trading history
- Complete refurbishment by current owner
- 100% staff run
- Very desirable location & lease
- Lots of options for further growth
- Ideal ‘lifestyle’ opportunity
- Turnkey Business
- Pop up evening events – set food menus, gin tasting evenings etc.
- Live music events – acoustic nights
- Increased crafting events
- Local deliveries
- Outside catering
- Social media advertising
- Extend opening hours – including Sundays
We are advised that the business has 4 part-time staff members.
The current trading hours are -
Monday to Friday - 8:30am - 4:00pm
Saturday - 9:00am - 2:00pm
Sunday - Closed
Nest Coffee is located on Sandygate road in Sheffield.
The unit is surrounded by other independent stores and businesses, resulting in high levels of footfall and passing trade.
Recently refurbished with highly quality fixtures, fittings and equipment throughout the premises.
Ground floor -
- Open plan dining area for 26
- Service counter
- Kitchen
- Store room
- Toilet facilities
- Pavement seating for 4
Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 7 year lease. The rent is £8,500 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.
