Swanley, Kent Traditional Village Tea Room & Cake Shop, Angel Bakes, For Sale
Swanley, Kent
- Status
FOR SALE
- Date Submitted:
27/04/24
- Advert ID
610467
- Reference
GO2977 / Rightbiz
- Call Agent:
- Leasehold: £35,000
- Turnover: £38,000 (£731 Per week)
- Net Profit: £4,500 (12% Profit margin)
Key Features
- Established Business
- Unique Business
- Accounts Available
- Fully Fitted
- Small Business
- Attractive Business
- Prime Location
Business Details
Village Tea Room & Cake Shop
Angel Bakes
Turnover circa: £38k
Net Profit circa: £4.5k
BUSINESS SUMMARY
Business Name: Angel Bakes
Location: 105 Main Road, Crockenhill, near Swanley, BR8 8JL
Established: 2016
Type of Business: Tea Room/Café
BUSINESS DESCRIPTION
Angel Bakes is a popular tearoom/café located in the heart of Crockenhill, near Swanley a quaint village within the M25 corridor. This business has an exceptional reputation and is known for its high quality take on traditional food and drink, the establishment is a firm favourite amongst both locals and visitors to the area with the benefit of being in a modern and cozy leasehold premises in a busy residential area within the centre of Crockenhill, and opposite a quaint village green.
SERIVCE OFFERINGS
Tea & Coffee: Fresh ground coffee with filtered water and a wide selection of national and international teas.
Afternoon Tea: A range of fresh sandwich quarters, cream cakes and scones all served on fine china.
Cold Drinks: A range of cold drinks.
Hot & Cold Sandwiches: A range of sandwiches/paninis available throughout the day which are freshly prepared in store.
Cooked Breakfast: Cooked breakfasts available, cooked to customers preferred requirements.
· Desserts: A range of home-made and locally produced desserts.
MARKET ANALYSIS
The food service sector, which encompasses cafes, is influenced by consumer preferences for full-service restaurants due to their diverse food menus, high-quality interiors, and service standards. Quick-service restaurants, though with a more limited menu, are also expected to grow, indicating a diverse market with varying consumer demands.
FINANCIAL OVERVIEW
Gross Revenue: £38k
Net Profit: £4,447
KEY ACHIEVEMENTS
Reviews:
4.5 star rating on 'Google Reviews' with over 50 reviews.
5.0 star rating on 'Facebook’
5.0 star rating on ‘Tripadvisor’
Loyal Customers: Regular, repeat customer base provides ongoing consistent revenue.
EXPANSION OPPORTUNITIES
Delivery: Implementing a delivery service to cater to the increasing demand for at-home dining through directly employed staff or food app delivery partners.
Catering: Catering services for events, parties, and corporate lunches.
New Menu Items: Introducing more vegan, gluten-free and alcoholic options to cater to a wider audience.
Website Development: The business attracts custom through local reputation and passing trade, however there is an opportunity to develop and implement a dedicated website with ordering capabilities for click and collect and/or deliveries.
PREMISES
The premises is a ground floor retail unit in an extremely busy residential area on a parade of retail shops. The premises is available by way of a lease assignment at £6,500 per annum.
The vendor has made significant improvements to the property since inception and introduced new catering equipment and furnishings which offer a warm and welcoming environment for customers and requires no further investment from an incoming operator who can capitalise on the extensive fit out to date.
Viewing is essential to appreciate the quality of the business on offer.
FINANCIAL INFORMATION
Detailed financial statements and information is available upon request.
FURTHER INFORMATION
Further information is available by speaking with the us and viewings are strictly by appointment only.
For more information please contact us.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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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