For Sale is a fantastic opportunity to buy a coffee house business located in Margate

Overview:

For Sale is a fantastic opportunity to buy a coffee house business that is located at the lower end of Margate’s eclectic High Street, a lovely 10-minute seafront stroll from the train station, or a hop, skip and jump from the town centre car parks.

Selling as a going concern including goodwill, all stock, all inventory inside the shop, logos, artwork, HR documents, online website and store.

Annual Turnover: TBC

Annual Turnover Period: Annual

Net Profit: TBC

Tenure:Leasehold Lease term: 6

Lease Expiry: Annual Rent: £10,320

Business Rates: 0 Business Established: 2012

Current owner has run this business for: Not sure what you mean

Business Sale Description:

Margate is on the up & it’s the perfect time to take advantage of this rare opportunity to purchase a popular, well-established coffee shop, voted No.1 on TripAdvisor.

This is a business that is ideally located on the High Street opposite a high-end hotel & a host of smart restaurants, also a stone’s throw from Margate’s beautiful sandy beach and historic Old Town. Could you be the person to take this already thriving business forward? The shop is being sold with all appliances fixtures & fittings included.

Highlights of this business are that it includes a fabulous La Marzocco barista coffee machine, a well-organised counter, wooden tables chairs for 40 covers.

A real jewel in its crown is the potential of the outside Garden seating area. There’s also a separate inside eating area towards the rear that’s perfect for small groups.

The shop is open daily with viewings strictly by appointment, but why not treat yourself to a coffee/cake and imagine yourself as the new proud owner?

This is a great business and we would advise a viewing as soon as possible.

For further information please do not hesitate to contact us.

Key Features of This Business:

• Excellent Reputation;

• Events Hosted;

• Friendly & Professional Team;

• Well Equipped Premise;

• Loyal Custom Base;

• Equipment to be included;

• Holds Secure Contracts;

• Huge Growth Potential;

• Variety of Services or Products;

• Spacious Premises;

• Locally Sourced Products;

• Has Supplier Relationships;

• Room to Expand

Key Business Information:

• Well Equipped Premises;

• Loyal Custom Base;

• High Growth Possibilities;

• Large/Spacious Premises;

• Excellent Reputation;

• Equipment included In Sale

Key Location Features:

• High Street Location;

• Close to Local Businesses;

• Nearby Car Parking;

• Residential Location;

• Limited Competition

Accommodation Included: No

Potential Growth Opportunities:

Any new owner could utilse the back garden, the reason it hasn't been so far has been due to corona virus. Also there is a basement that is also unused. There has been talks of the High St being pedestrianized which would massively help the business. The current trading hours for the business is 9am-3pm, so any new owner can extend the opening hours to open earlier and shut later.

Vendor Open To a Transition Period: YES

Business Sector Type: Hospitality

Are Company Accounts Available: YES

Management Structure For Business: Run by owner

Number of Staff: 3

Business Sale Asking Price:

Offers Around £45,000

Business For Sale  BB5145- Excellent Coffee Shop Business For Sale In Margate