Growing Sheffield Cafe with Mediterranean Vibe and Rustic Menu Up for Sale
Sheffield, South Yorkshire
- Status
FOR SALE
- Date Submitted:
14/03/24
- Advert ID
608224
- Reference
B07908 / Rightbiz
- Call Agent:
- Leasehold: £45,999
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Popular and Growing Cafe For Sale.
BusinessPlease quote reference B07908
CoGoGo are delighted to welcome to the market Lotte on the Edge, a well established Cafe with a fantastic reputation and extremely loyal customer base. This is a superb opportunity to take on a popular, profitable and well used local business in an area teeming with customers which still offers further potential.
Lotte on the Edge has been under our client ownership since early 2023 and now comes to the market due to our clients desire to explore new ventures.
For customers looking for some Mediterranean beach bar inspired vibes, good coffee, fresh homemade food and great tunes the business is the ‘go to’ place and offers the opportunity to chill out in Sheffield’s No.1 urban beach style coffee shop.
The menu is Yorkshire rustic meets Amalfi coast and includes:
- Hot and cold drinks (coffee from Frazer’s Coffee Roasters and teas from The Birdhouse Tea Company)
- Breakfasts, traditional, vegan and vegetarian, served all day
- Classic Sandwiches & Toasties
- Delicious Cakes and Pastries
- Breakfast Smoothies
- Milkshakes and Frappes
- Daily Specials
- Brunches & Lunches
- Gluten Free & Vegetarian Options
The business caters for events such as birthdays, anniversaries and private functions and increasingly for corporate events. They are happy to serve guests from its normal menu or they can create an individual catering solution to fit budgets and individual requirements.
Lotte On The Edge offers an events calendar which includes:
- Tapas Nights which are a regular thing with essential booking
- Jumbo Arm Knitting ( massive yarns, coffee and cakes)
- Private Parties, hen nights, stags, whatever!
- Psychic Suppers, again really popular!
- Community Events, the business is run on ethical principles including giving back to the community.
The sale will include all fixtures, fittings and kitchen equipment as well as the company website (lotteontheedge.com), Facebook and Instagram pages where the business enjoys great visibility online with the lovely reviews.
Location
The business occupies a prime corner position and is beautifully presented and maintained with clear visible signage and distinctive, vibrant, bright green livery and generous external seating areas. There is free, on street parking in the roads and streets surrounding the premises.
Premises
The business occupies ground floor premises ideally suited to the trade with an open plan kitchen, indoor seating area and sun decks to two sides which are perfect for Al Fresco dining or to simply sit with a coffee and cake and watch the world go by.
There is a dry cellar with power and light that offers potential as a commercial catering kitchen.
Tenure
This business is being sold on a Leasehold basis with 5 years remaining on the lease. The advised rent is currently £677 per month.
Hours
The current trading hours are:
Monday to Friday - 8:30am 5:00pm
Saturday - 9:00am to 4:00pm
Sunday - 10:00am to 4:00pm
Staff
The business is run and managed by our client's.
Financial Profile
This business generates £7,500 per month. Full financials can be made available upon further request.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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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