Sold
Well respected Wine Shop/Coffee Shop for sale
Burton-on-Trent, Staffordshire
- Asking Price: £79,995 +SAV
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Turnover:
We are advised as per the 2021 accounts, the business generated a turnover in the region of £215,000, with an adjusted net profit in the region of £66,000. Full financials can be made available upon further request.
Please quote reference B06566
- Tenure: Leasehold
Please quote reference B06566
Hilton Smythe is delighted to welcome to the market on a leasehold basis a well-run and popular Italian wine and coffee shop with an excellent reputation.
Indulgence by Nero e Bianco has been under the careful and meticulous ownership of our clients for a number of years, and only now has the business been introduced to the open market for sale as they look to concentrate on other business interests but are keen to see the business pass to new owners with the same flair and dedication to ensure its continued success.
The business originally started selling a comprehensive range of fine wines and coffee but as they have a dedicated love for all things Italian, they have introduced a comprehensive range of gins, Spirits, craft beers, liqueurs, pastries, cakes, gelato, and chocolates to compliment the wine and coffee that was originally on offer to customers.
The sale of the business includes all fixtures and fittings, along with the following equiptment -
- Enomatic Wine Serving System
- Sanremo Coffee Machine and Grinder
- Gelato Cart
- 3 Freezers
- 3 Fridges
- 1 Fridge/ Freezer
- 1 Gelato Display Freezer
- 2 under counter coolers
- Venchi Display stands for chocolate
- 9 White Bar Stools
- 3 White painted barrels with tabletops
- Various Outdoor Fold up chairs
- Various Fold up Tables
- 2 Rattan Settees and cushions
- 2 Rattan low tables
- 2 Ice making machines
- 1 Ice grinder
- Air Conditioning unit
- Glass Washer
- Dishwasher
- Mulled wine heater
- Soup heater
- CCTV system and full alarm
- 2 blenders
- Various cups, plates, and glassware
- Digital scales
- Digital Epos Till
- 2 high black tables and 8 black high stools.
- Large selection of wines, Spirits and beers, chocolates, coffee, gelato and other consumables
We feel there is scope to increase turnover for the business by undertaking a robust marketing campaign via local press, radio advertising along with further promotion of the business via its well-established social media channels, along with looking to increase sales via the dedicated website with online ordering.
This is an outstanding turn-key business operating on flexible hours, which offers a new owner the opportunity to take this thriving business to the next level,
Very rarely do businesses of this calibre come to the open market so early viewings are highly recommended.
We are advised that the business has 2 full-time and 5 part-time members of staff.
The business hours are -
Monday – 09:30 – 17:00
Tuesday – 09:30 – 17:00
Wednesday – 09:30 – 17:00
Thursday – 09:30 – 17:00
Friday – 09:30 – 17:00
Saturday – 09:30 – 17:00
Sunday – 09:30 – 17:00
The business occupies a prime waterside trading location within the busy Barton Marina, in the thriving village of Barton-Under-Needwood, Staffordshire.
The marina is a hugely popular and well used facility, with the business being surrounded by a host of complementary, independent traders along with the marina itself being home to 300 berths for a variety of watercrafts, leading to an exceptional level of footfall and passing trade.
The business is located in beautifully presented purpose built, waterside café premises, with feature service counter, window seating, along with a variety of shelving and racking display areas, along with state-of-the-art self-dispensing wine equipment.
The premises have undergone an extensive programme of refurbishment under our client’s ownership, and can be found in a truly turnkey condition, leaving a new owner with no capital investment required to maintain the current high end look and feel to the business.
Tenure
We are advised that the business is being sold on a Leasehold basis, with 1 year remaining on the 6 year lease. The rent is £1,150 per month.