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Well Established Coffee Shop/Sandwich Bar For Sale

Leicester, Leicestershire, UK
Asking Price:
£60,000
Sales Revenue:
£121,053
Cash Flow:
Available on request

Business
Please quote reference B06209

Hilton Smythe is delighted to introduce Hollys coffee shop and sandwich bar, which was originally founded in 2009 and has been under the careful ownership of our client since inception. Only now does the business reluctantly come to the market due to our client’s desire to retire.

The current menu comprises speciality teas and coffees, breakfasts, light lunches, deserts and specials. There also have vegan and vegetarian options.

The sale of the business includes -

Kitchen equipment
Grill
Commercial cooker
Freezer
Fridge
Crockery
Stainless steel benches
Panini press
Microwaves
internal and external Tables and chairs

The 50 cover coffee shop is uniquely styled with bespoke wall décor and lighting, creating a warm and friendly ambiance for diners. There is also space at the front for a further 16 covers in the warmer months.

Hollys boasts an outstanding reputation across, google, social media and trip advisor. The TripAdvisor reviews state ‘When I entered the cafe, the atmosphere was peaceful and lovely and were greeted by the staff. The food was lovely and fresh and will definitely be returning.’ & ‘I always come to Holly's for breakfast and lunch! It is delicious and can always guarantee the food will be delicious. It is made even better by the smiley and friendly staff! Definitely my favourite coffee shop in Leicester.’

Our client is offering a hand over to ensure the continued success of the business.

The business currently trades 5 days per week and generates a turnover in the region of £130,000 per annum. There is also ample scope to increase the already thriving turnover, such as extending opening hours, pushing advertising, leaflet drops, acquiring an alcohol licence, offering a local delivery service, etc.

Reasons to buy -

Extremely well-established business with an enviable reputation and many existing repeat customers
Beautifully presented inside and out
Ideal owner managed, family run or partnership business.
All fixtures and fittings included making this a real Turnkey business opportunity.
Current owner would be happy to offer a handover to ensure the continued success.

Hilton Smythe highly advises early viewing to avoid disappointment.

Location
Hollys occupies A substantial premises, ideally located within the city of Leicester, Leicestershire. The property is situated within the city centre on the pedestrianised St Martins Square and is surrounded by complementary shops and businesses, therefore benefiting from a high volume of footfall. The business also benefits from car parking facilities within the area.

Leicester is a city and unitary authority area in the East Midlands. The city lies on the River Soar, at the edge of the National Forest. According to the 2011 census, the population of the Leicester unitary authority was circa 330,000, making it the most populous in the East Midlands. Leicester is a modern city, rich in arts, culture, sports, and heritage and boasts something of interest for all ages.

The area is served by the public transport system with bus stops within easy walking distance, and the bus station is just ten minutes’ walk away. Leicester railway station is less than one mile away. The area also benefits from excellent road links, with the A594 and the A607 all within easy driving distance, which link to the national A-road and motorway networks. Loughborough is approximately 12½ miles away and Hinckley is 14 miles away.

Premises
The Coffee Shop is located within a large terrace, with excellent eye-catching signage.

Upon entrance is the main seating area with access to the kitchen.

The kitchen is fully equipped to suit the trade with non-slip flooring, easy clean walls, and stainless-steel washing area.

To the rear of the kitchen

The 1st floor is used for further seating and the WC’S.

Tenure
We are advised that the business is being sold on a Leasehold basis, with a new 9 year lease being offered for a new buyer. The rent is £22,500 per annum and has £0 rates payable.

Hours
The business hours are -

Monday – Closed
Tuesday – 8:00am – 4:00pm
Wednesday – 8:00am – 4:00pm
Thursday – 8:00am – 4:00pm
Friday – 8:00am – 4:00pm
Saturday – 8:00am – 4:00pm
Sunday - Closed

Staff
We are advised that the business is owners ran and managed, with the help of 2 full-time staff members.

Financial Profile
We are advised as per the 2019 accounts, the business generated a turnover in the region of £121,000 (Trading limited hours) , with an adjusted net profit in the region of £25,000. Full financials can be made available upon further request.

Please quote reference B06209

Property Information

Property:

Leasehold

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