Sold
Well presented Cafe/Coffee Shop business for sale
Hampshire
- Asking Price: £45,000 +SAV
-
Turnover:
Full financials can be made available upon further request.
Please quote reference B06497
- Tenure: Leasehold
Please quote reference B06497
Hilton Smythe is delighted to present to the market one of the finest examples of a community driven cafe/bistro business.
The impressive ‘Turn-key’ business has recently undergone a £90,000 refurbishment.
The business was purchased by our client 3 years ago, her passion for quality and excellent customer service is clear to see in the current sales performance which sees monthly sales now average at between £9,000 - £10,000.
The business is now being offered for sale due to our clients' wish to semi-retire.
The business is an independent coffee house well known for its locally sourced menu, especially their home cooked traditional breakfast!
The menu Includes -
- Barista made coffees (using ground Arabica beans), teas, smoothies, milkshakes, soft drinks & juices, wines & beers
- Traditional breakfasts/brunches, pancakes & lighter options
- Filled jacket potatoes
- Sandwiches & Bagels
- Toasted sandwiches & Panini
- Homemade soup
- Healthy salads
- Quiches, club sandwiches, ploughman’s lunch
- Toasted teacakes, cake slices, brownies
Our client currently operates the business as a daytime operation concentrating on breakfasts and lunches however there is high demand for an evening menu which any new owner would benefit from adding.
The business attracts a healthy mix of local residents, families, students and retired people.
There is a full alcohol licence in place which makes the business very desirable for those looking to develop a new bistro/bar.
The business comes with excellent reviews -
- Google - 4.9/ 5 from 87 reviews
- Facebook - 5 star
- TripAdvisor - 4.5/5
- 5 star hygiene rating
- Fully equipped throughout
- Dog friendly, child friendly
- Opportunity to add local deliveries, outside catering & private parties
- Recent refurbishment
- Option to extend hours (currently closed Monday)
- Low rental terms
- Evening bistro potential
We are advised that the business has 5 part-time members of staff.
The business hours are -
Monday – Closed
Tuesday – 8:45am – 3:30pm
Wednesday – 8:45am – 3:30pm
Thursday – 8:45am – 3:30pm
Friday – 8:45am – 3:30pm
Saturday - 8:45am – 3:30pm
Sunday 9:30am – 2:30pm
The business occupies a much sought after trading location.
The renowned cafe is centrally positioned on a busy parade of community shops and businesses which benefits from free parking directly outside.
- Front terrace - allows seating for 4 people
- Contemporary dining area for 24 people
- Open plan servery
- Rear kitchen, large storeroom
- Customer toilets
Tenure
We are advised that the business is being sold on a Leasehold basis, on a 2 year rolling lease agreement, with the rent at £500 per month.