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Highly Rated Coffee Shop Business For Sale

Greater London, London, UK
Asking Price:
£87,000
Sales Revenue:
£200,000
Cash Flow:
Available on request

Business
Please quote reference B06687

Hilton Smythe is delighted to present to the market a thriving coffee shop opportunity located in the desirable area of Shoreditch.

The ‘turn-key’ business was established by our client 3 years ago who is now looking to sell to allow him to concentrate on his other business interests.

Our client invested over £180,000 in transforming the corner unit with beautifully bespoke furniture, counter units, lighting and decoration, storage and display units and high quality equipment.

The business is currently trading as Di Stefano Coffee however any new owner will need to change the name on transfer.

The business currently offers a wide range of fresh pastries, sandwiches, salads, focaccia, ice cream, bean to cup coffees and juices. Our client had previously offered a wider range of hot food to both enjoy inside and to takeaway which included authentic Italian pizzas and pasta dishes. The business also has an alcohol license in place.

We are advised the business attracts a healthy mix of customer types from local residents, office workers, retail staff and visitors simply looking to enjoy the eclectic vibe of the area.

As you can see from the business photographs attached, the business can offer both internal customer seating as well as two small terraces on both Hackney Road and Tabernacle Gardens.

Currently the majority of the business is derived from takeaway sales however there is significant opportunity in increasing the sit in trade, especially if any new owner looks to add an evening bistro menu.

The business is currently being run to suit with reduced opening hours, we are advised previously the sales consistently achieved a minimum of £5,000 per week.

Key Selling Points -

5 star rated on TripAdvisor
Facebook - 4.9/5 customer review score
Highly sought after location
A3 trading licence
Long lease term in place
Very low running costs
High end refit completed
Opportunity to add outside catering, deliveries & private bookings
Business handover offered

Very rarely do business of this type, standard or location come on to the open market and we therefore strongly advise early enquiry to avoid disappointment.

The sale of the business includes the following equiptment -

2 upright freezers
4 counter fridges
1 cake display unit
Coffee machine
Professional turbofan convection oven
Professional microwave
Bespoke lights
Music sound system 9.00am - 5.00pm
Samsung air conditioning system
Dishwasher
Professional grill

Please note - Our client is looking for a quick sale and the value has been based on the invested assets, lease transfer and significant business opportunity.

Location
Di Stefano Coffee occupies a highly desirable trading location on Hackney Road in Shoreditch, London.

The modern corner unit sits centrally along a parade of independently owned shops and businesses, located within walking distance of both Columbia Road Flower Market, Mild may Hospital and Shoreditch Church.

Shoreditch is an arty area adjacent to the equally hip neighbourhood of Hoxton. It attracts a mix of creatives and trendsetters who fill the fashionable clubs, bars that surround the High Street.

Hackney Road (A1208) connects directly onto the A10 which acts as the main route into central London.

The business sits between two underground stations - Hoxton and Shoreditch High Street.

There is available customer parking in the neighbouring streets.

Premises

Corner unit with full height windows to both sides
External - comfortable seating for 10 (which could be increased)
Internal - seating for 15-17
Open plan service area
Rear preparation/storage area
Toilet facilities

Tenure
We are advised that the business is being sold on a Leasehold basis, with 11 years remaining on the 15 year lease. The rent is £3,000 per month.

Hours
The business hours are -

Monday – Closed
Tuesday – 9:00am – 5:00pm
Wednesday – 9:00am – 5:00pm
Thursday – 9:00am – 5:00pm
Friday – 9:00am – 5:00pm
Saturday – 9:00am – 5:00pm
Sunday – 9:00am – 5:00pm

Our clients have advised that the business can be opened till 11pm, should the new buyer be interested.

Staff
We are advised that the business has 1 full-time member of staff.

Financial Profile
We are advised as per the 2021 accounts, the business generated a turnover in the region of £200,000. Full financials can be made available upon further request.

Please quote reference B06687

Property Information

Property:

Leasehold

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