Nest Coffee Shop in Sheffield with 10-year History and High Ratings for Sale
Sheffield, South Yorkshire
- Status
UNDER OFFER
- Date Submitted:
01/11/23
- Advert ID
602064
- Reference
B07600 / Rightbiz
- Call Agent:
- Leasehold: £39,995
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Well established coffee shop for sale
BusinessPlease quote reference B07600
Hilton Smythe are delighted to welcome to the market Nest Coffee, a highly rated coffee shop in a desirable area of Sheffield.
This highly rated and well respected business opportunity was originally established in 2012, with our client taking over in 2016. The business has built up an excellent reputation and repeat client base.
Nest Coffee has now come to the open market due to our client relocating.
Nest Coffee is a community driven business that was voted as the number 1 coffee shop in S10. They're proud to support and use local supplies and boast a 4.7/5 google review score. They also have a 5 star TripAdvisor score and is completely staff run. The trade split is currently 70% eat in and 30% takeaway. The business also has a 5 star food hygiene rating.
Key selling points -
- Over 10 years trading history
- Complete refurbishment by current owner
- 100% staff run
- Very desirable location & lease
- Lots of options for further growth
- Ideal ‘lifestyle’ opportunity
- Turnkey Business
- Pop up evening events – set food menus, gin tasting evenings etc.
- Live music events – acoustic nights
- Increased crafting events
- Local deliveries
- Outside catering
- Social media advertising
- Extend opening hours – including Sundays
Location
Nest Coffee is located on Sandygate road in Sheffield.
The unit is surrounded by other independent stores and businesses, resulting in high levels of footfall and passing trade.
Premises
Recently refurbished with highly quality fixtures, fittings and equipment throughout the premises.
Ground floor -
- Open plan dining area for 26
- Service counter
- Kitchen
- Store room
- Toilet facilities
- Pavement seating for 4
Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 7 year lease. The rent is £8,500 per annum.
Hours
The current trading hours are -
Monday to Friday - 8:30am - 4:00pm
Saturday - 9:00am - 2:00pm
Sunday - Closed
Staff
We are advised that the business has 4 part-time staff members.
Financial Profile
We are advised as per the 2022/2023 accounts, the business generated a turnover in the region of £79,000. Further financials can be made available upon request.
Contact Agent
Listing Statistics
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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