Smoothie & Milkshake Bar for Sale

Business description

Smooth Sensations has successfully been established for three years in a central position within the thriving tourist city of Bath, offering a wide range of Smoothies, Fresh Fruit Juices, Over fifty Milkshakes, Ice Cream and Coffee.

The business benefits from an established trade to local workers, students and families and offers potential to provide a wide range of food, outside catering and events, which the current owner has not yet expanded into.

Smooth Sensations has the added benefit of over 50,000 branded cups already paid for and included in the sale, along with over 4000 branded loyalty cards, menu’s and flyers.

Also despite current market fears over the last three weekends from the end of April 08 Smooth Sensations has had two record sales level over two of the past three weekends to mid May, demonstrating the high demand and potential for Summer Sales.

Sales totals for May 2008 have also finished higher than the previous two years.

Management Accounts can be provided upon request.

Property information

Property:

Leasehold

Lease terms:

Newly Renewed 5 year lease within the tenancy act starting July 08

20k + Vat until July 08
23k + Vat year 1
24k + Vat year 2
26k + Vat year 3,4 & 5

payable quarterly advance

rent review after 5 years

New tenant will have to either act as guarantor or put down a rent deposit.

Living accommodation:

The building is split over four floors, with the ground floor currently being used as the main service area and the second (mezzanine) floor currently has seating for 10 people. The Third floor is used as a store room and the top floor as an office, with a staff toilet and micro kitchen with a washing machine and dryer.

Location:

Located on a prime central location between Union Street and the High Street and close to major retailers such as Animal, Free Spirit and Next

Other information

Expansion potential:

vast expansion potential with food or delivery as only drinks served across the counter at present.

Support & training:

handover training offered.

Reasons for selling:

The current owner now wants a new challenge and even though the business is profitable, fully staffed and runs itself, it is now time for a change

Trading hours:

9 - 5.30 modany - Saturday, 11 - 5 Sunday

Contact the seller