Highly Rated Tea Room in West Yorkshire Town Centre for Sale, Established 2015
Huddersfield, West Yorkshire
- Status
FOR SALE
- Date Submitted:
06/12/23
- Advert ID
603574
- Reference
B07695 / Rightbiz
- Call Agent:
- Leasehold: £249,995
- Turnover: £443,622 (£8,531 Per week)
- Net Profit: Not Applicable
Business Details
Highly rated Tea Room for sale
BusinessPlease quote reference B07695
CoGoGo are delighted to welcome to the market Northern Tea House Limited, a highly rated Tea Room and Coffee Shop in the town centre of Huddersfield. It includes all design files for branded packaging, labels , takeaway cups, menus, and website
The business was first established by our client in 2015 when they identified the need for a quality and more upmarket Tea Room/Coffee Shop. Its built up an excellent reputation amongst local residents. As seen by the online ratings and reviews, the business is extremely popular within the community.
Northern Tea House Limited has now come to the open market due to our clients wish for a change of direction.
The business prides itself on the quality of its food which is freshly prepared on the premises using local ingredients wherever possible. The business benefits from an A3 licence. The menu includes;
- Breakfast
- All day Brunch
- Hot and cold drinks
- Lunch
- Jacket Potatoes
- Hot and cold sandwiches
- Afternoon Teas
- Kids Meals
- Delicious homemade Cakes and pastries
- Vegan and gluten free options
- Daily specials
- Everyday & Speciality Teas
- Wide range of hot drinks
Key selling points -
- A well established business with an enviable reputation and many existing customers
- Current owners would be happy to offer a handover to ensure the continued success of the business
- Prime trading position, A new cinema and residential building will increase footfall considerably going forward
- Ideal owner managed or partnership business
- Perfect bolt on for a similar business looking for a foothold in Huddersfield.
- Could easily repeat this model in other towns and cities yourself or franchise as this business has been approached about this before.
- Advertising and Marketing campaign. A local leaflet drop usually yields good results
- Maximise the use of social media
- Invest in SEO and PPC to drive new customers to the business
- Introduce deliveries, real demand in the area
- Extend the opening hours, perhaps opening as a Bistro in the evenings
- Introduce a loyalty card/scheme
Location
Northern Tea House Limited is located on King Street in Huddersfield.
The business receives high levels of footfall and passing trade.
Premises
The business occupies two floors of an attractive, double fronted, period style premises ideally suited to the trade.
The modern industrial tea house seats up to 42 people downstairs in a comfortable and unique environment.
The first floor seats a further 20 people.
Externally there is seating for 10 people.
Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 10 year lease. The rent is £30,000 including VAT per annum.
Hours
The current trading hours are -
Monday to Friday - 9:00am - 4:00pm
Saturday - 9:00am - 5:00pm
Sunday - 10:00am - 4:00pm
Staff
We are advised that the business has a store manager, 2 kitchen managers, a supervisor and 12 part-time and casual staff members. The owner is also involved in the business.
Financial Profile
We are advised as per the 2023 accounts, the business generated a turnover in the region of £443,000. Further financials can be made available upon request.
Contact Agent
Listing Statistics
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Contact seller
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.
Be safe, use a Rightbiz Solicitor
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