Leasehold Independent Tea Room located in Keyworth. Ideal starter business and comes fully fitted. Further potential. Priced sensibly.
Veritas Business sales are privileged to offer to the market this respected Tea Room which is located in the pretty village of Keyworth. The premises was transformed into what you see today by our clients back in November 2019 and they are now offering the business for sale due to ongoing health issues. Since ownership they have undertaken extensive refurbishment and redecorated to include new equipment along with fixtures and fittings which are all bought and paid for and included within the sale price which is a huge plus for a new owner as additional funds will not need to be spent for some time. Alice's Tea Shop is owner operated and employs the help of 3 part time members of staff and for the period since reopening after lockdown 17th May 2021 – 30th November 2021 they posted a turnover of £35,201 net of vat. The open plan trading area currently operates with 18 covers but can easily accommodate 24 covers as it did pre-Covid. Alice's have a fantastic reputation within the area for serving a wide range of breakfast and lunch options in addition to homemade cakes and a selection of teas and coffees. Afternoon teas have become a firm favourite and are frequently delivered locally to enjoy at home. All food is freshly prepared to order on site, using only the finest locally sourced produce. The business could easily be extended further by opening as a Bistro in the evenings, and already benefits from a premises license.
We believe that there is further potential to increase trade if you wish, by implementing evening events such as cake making workshops and private hire for small private functions which has proven lucrative for the owners with very little promotion. Despite all the Covid related restrictions, in that time it has firmly established itself as a popular destination for customers within the local community and beyond and enjoy a high level of regular and repeat trade. The business has been running in a limited capacity for the past 6 months as frustratingly, the current owners are unable to fulfil the true potential of the business due to ill health. They are therefore reluctantly looking for a quick sale and the business has been valued accordingly. This is a superb opportunity to purchase a turnkey business where all the hard work has been done and is a great base to build upon and as such early viewing is highly recommended as this is gem is not to be missed.
