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Popular Coffee Shop/bakery Franchise, Aberdeen (ref 1380) For Sale

Aberdeen, Aberdeen City, UK
Asking Price:
£165,000
Sales Revenue:
Available on request
Cash Flow:
Available on request

Popular coffee shop/bakery franchise. Premises completely refurbished in 2020. Immaculately presented throughout. Prime shopping centre location. Situated between bus and railway stations in city centre. Strong sit in and takeaway trade.

The business is located within the Union Square shopping centre in Aberdeen city centre. The centre opened in 2009 and contains a covered shopping mall and retail park with great parking facilities. The fantastic range of shops include Marks & Spencer, Apple, Nespresso Next, Zara and TK Maxx.

There is also a Cineworld cinema and the thoroughfare passing by the premises leads between the bus and railway stations, resulting in a particularly high footfall throughout the day. The Ferry port is also located nearby.

It is therefore ideally placed to benefit from an abundance of trade from both sit in and takeaway trade.

This Muffin Break franchise opened in 2009 since it was established and is one of six Muffin Break stores in Scotland, with the others located in East Kilbride, Dundee, Glasgow, Livingston and Stirling.

Muffin Break originally started in Australia with over 300 stores operating worldwide, of which around 60 are currently trading within the UK.

For further information regarding the Muffin Break franchise please visit www.muffinbreak. co.uk where a full company overview can be found.

This unit has benefited from a complete refurbished programme and is immaculately presented/furnished throughout.

Muffin Break is a unique café bakery that offers an appetising selection of quality coffee and freshly baked cakes, slices, quiches, sandwiches, paninis and muffins. Everything is baked and prepared on the premises daily using fresh/quality ingredients.

Trading information will be made available to seriously interested parties, only after formally viewing the business. Our client has traded for a limited period, having taken over the business early 2020 at which time they closed to undertake a complete refurbishment of the premises. Historic trade for this unit was around £450,000 per annum.

Property Information

Property:

Leasehold

Lease Terms:

The subjects are held on lease and the rent is £36,000 per annum. This has been reduced to provide support to the tenant and the rent is due for review in November 2023 to a minimum of £60,000.

Location:

The business is located within the Union Square shopping centre in Aberdeen city centre. The centre opened in 2009 and contains a covered shopping mall and retail park with great parking facilities. The fantastic range of shops include Marks & Spencer, Apple, Nespresso Next, Zara and TK Maxx.

There is also a Cineworld cinema and the thoroughfare passing by the premises leads between the bus and railway stations, resulting in a particularly high footfall throughout the day. The Ferry port is also located nearby.

Premises Details:

The frontage has electrically operated security shuttering and access is directly into the sales area with the service counter located on left hand side. The kitchen is located just behind the counter and is fitted to a modern standard with stainless steel equipment and wipeable wall finishes.

Seating is currently provided for circa 50 covers although this can readily be increased going forward as circumstances allow. The premises can comfortably accommodate around 85 – 90 covers. There is an accessible toilet facility to the rear and there is also a spacious store room with access to the rear service yard for deliveries.

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Muffin Break state costs for starting a new franchise of £250,000 to which rental deposits
and stock would need to be added. There is a franchise fee of 6% of net sales along
with an advertising fee of 2.5% of net sales payable by the franchisee.

Other Information

Related Documents:

Contact Cornerstone Business Sales and Valuations

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