Milkshake Bar With Accommodation On Affluent High Street For Sale

Business description

Established only 9 months ago by the current vendors and being offered under a very genuine reason for sale this spectacular little milkshake bar takes a prime position on a busy affluent high street in Essex. A new lease is to be agreed and the business comes complete with a pleasant, well presented, 2 bedroom, split level maisonette. The business branding is exceptional and offers a wide variety of Milkshakes and confectionary. There are Breakfast Shakes, 5 a day Shakes, Indulgence Shakes that include Chocolate, Biscuits, Cakes, Sweets, Jams and Spreads. The passing trade in this location is highly enviable but is also frequented by a large number of many regulars incorporating a loyalty membership card and placed on a database to encourage repeat business.

Turnover:
We are informed that the business averages £2,000 per week and is continuing to grow with the promotion of this new business.

Potential:
There is potential to introduce light snacks and sandwiches in accordance with the A1 license and the profitability for an owner operator would be considerably higher as the current Vendor has very little involvement at present.

Reason for Sale:
The Vendor lives some distance and has other business interests and has decided to concentrate on those.

Equipment:
4 x Chest freezers, 3x Williams freezers, Double display fridge, 2 Group coffee machine, Pannini grill, 2 x Blendtech blender with 6 containers.

Stock:
Stock to be purchased separately at valuation, Approximately £1,000

Rates:
Business rates payable of approximately £1,600 per annum.

Legal Fees:
Vendor and purchaser to be responsible for their own legal costs. Purchaser to meet landlords reasonable costs when establishing any new lease.

Property information

Property:

Leasehold

Location:

Property:
There is a main entrance and side entrance as the premises is a corner plot on the high street. Cottage style wood framed windows, Solid wood flooring and spotlighted ceiling make the business very inviting along with high bar style comfy seating. Small cubed racking for eye level product choice. Doorway behind counter with a staff toilet and stairs to a basement/dry storage room.
Accommodation:
Self contained, split level maisonette. 2 bedrooms, Shower, fitted kitchen with dinning area, fridge freezer and built in oven. Bathroom with Shower.

Other information

Trading hours:

10am - 5.30pm Monday to Friday and 11am - 3pm Sunday