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Attractive, Unique Concept Store And Coffee Shop For Sale

South London, London
Asking Price:
£50K - £100K
Sales Revenue:
Cash Flow:
Available on request

Attractive, unique business, accounts available, new lease, fully fitted, incentives may be available.

Breaking-Even- our audit shows we are in line with a successful coffee shop break-even stages. Usually, successful coffee shops achieve financial break-even in 6 months after opening, sustainable break-even around 18 months after opening, equity break-even between 2.5 to 3 years after opening. Financial break-even: Achieved, sales cover all the external demands on the business. Sustainable break-even: Forecast early/mid 2020. (Sales to give a wage equivalent to pay a replacement manager, and most likely earning 20/30% on the invested capital). Equity break-even: Forecast early/mid 2021. (Sales to return in profits and wages an amount of money equivalent to the total invested capital).

Property and Financial Details
Property Status: Leasehold 5 years, renewable
Asking Price: £95k tbc
Turnover: £50k
Net Profit: Undisclosed
Location: Non-prime high street, online
Premises Details: Retail Establishment
Competition: Only two coffee shops in 1 radius mile

Expansion Potential:
Deliveroo and Ubereats marketing, opening Just Eat
Local offices, schools, churches business development (database available)
TP coffee card (side project)
Registering as a Social Enterprise
Developing the alcohol side of the business, e.g. aperitivo, wine bar, cocktails
Renting the basement floor, as office space
Attending Lambeth Country Show, Herne Hill Market, Northwood Fair
Offering dinner/late night drinks
PR/Press on Brixton Bugle
Increasing Facebook ads
Increasing catering (warm leads available)

Size in Square Metre of Property: 39
Year Established: July 2018
Employees: 2
Trading Hours: Mon-Fri 7 to 7, Sat 8 to 6, Sun 9 to 5
Support & Training: Full support and training will be provided, Operations, Accounting, Business, Leadership, Sales, Finance, Marketing
Leasehold Rent per annum: £9600
Lease Terms: 4 years left on the lease, renewable
Owner Financing Available: The buyer can borrow all or part of the sale price from the seller. The buyer then repays the loan in instalments over a fixed period
Business in Administration/Receivership: No
Business Closed or Asset Sale: No
Reason For Selling: Business is non-core, seed money for another investment
Value of Furniture, Fixtures or Fittings: 20k
Value of Inventory/Stock: 10k

Property information



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    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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