Coffee Shop In Busy Thoroughfare With External Covers For Sale

Business description

HISTORY

• Established as a coffee shop 4 years ago and run as a successful business since
• Significant investment in quality equipment with set up cost in the region of £60,000
• Good client base established generating takings in excess of £3, 500 per week and gross profit margin of 62%

REASON FOR SALE

• Changing personal priorities

PRODUCTS

• Full range of expertly prepared coffee
• Non alcoholic beverages including Frescato Ice, Smoothies and “Create a Shake”
• Breakfasts
• Sandwiches, baguettes, paninis, jacket potatoes and salads
• Wide range of cakes, muffins, shortbreads and Danish pastries
• Daily specials
• Childrens’ lunchboxes

CUSTOMERS

• High level of passing trade
• Particularly popular with visiting shoppers
• Meeting place for business and social occasions
• Middle income demographic

SUPPLIERS

• Products sourced both locally and through various trade outlets
• Starbucks coffee blend supplied through Costco

STRENGTHS

• Excellent location in the town with limited competition
• High level of footfall and superbly sited on pedestrian thoroughfare
• Consistently profitable with predictable weekly takings and solid financial performance
• All fixtures and fittings included within consideration price
• Website






DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.

Property information

Property:

Leasehold

Lease terms:

• Leasehold with 2 years remaining of a 6 year lease
• A new lease is available for negotiations.
• Rent: £18,000 per annum inclusive of service charge
• Rates: £3,500 per annum

Location:

• Central trading position close to centre of a Bedfordshire market town
• Busy thoroughfare on main pedestrian access from supermarket to town centre
• Close to local schools, homes and businesses
• Ample free parking facilities within the town

Premises details:

• Prominently sited lock up coffee shop, close to town centre with tasteful, modern décor, equipped to modern commercial standards
• 32 covers inside, with a further 32 on the pavement
• Customer WC
• La Marzocco FB70 3 group head coffee machine with water filter
• La Marzocco Swift Grinder
• Hot water boiler
• 2 Blenders
• 2 under counter refrigerators
• Built in oven
• 1 tall larder refrigerator
• 1 tall larger freezer
• 2 panini machines
• Commercial dishwasher
• Microwave
• Toaster

• 1 tall drinks display cabinet
• 1 chilled cake display cabinet
• 2 chest freezers
• Display counter
• I pod compatible music centre
• Additional storage facility in adjacent building
• Staff WC
• Alarmed
• CCTV in thoroughfare

Business Operation

Expansion potential:

• Outside catering
• Sandwich rounds
• No licensing restriction with possibility of evening opening
• Business development activities with offers and promotions
• Cost savings possible when operated as a family business

Trading hours:

• 8am to 6pm Monday to Saturday • 10am to 4pm Sunday

Employees:

• Vendor (1 working full time and 1 part time) • 1 full time assistant • 9 part time assistants