Coffee Shop In Busy Thoroughfare With External Covers | | Undisclosed Bedfordshire | | BEDFORDSHIRE COFFEE SHOP IN BUSY THOROUGHFARE WITH 64 COVERS Main pedestrian access from town centre Superbly decorated at cost of £60k Limited competition - modern equipment with 32 external covers W/T; £3,500 GP: 62% Ideal familty business L/H: £130,000 | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 61091
ADVERT IMPRESSIONS : 11,335 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Cafes | | SALE: | Agent Sale | LEASEHOLD: | £130,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
Central trading position close to centre of a Bedfordshire market town
Busy thoroughfare on main pedestrian access from supermarket to town centre
Close to local schools, homes and businesses
Ample free parking facilities within the town
HISTORY
Established as a coffee shop 4 years ago and run as a successful business since
Significant investment in quality equipment with set up cost in the region of £60,000
Good client base established generating takings in excess of £3, 500 per week and gross profit margin of 62%
REASON FOR SALE
Changing personal priorities
PRODUCTS
Full range of expertly prepared coffee
Non alcoholic beverages including Frescato Ice, Smoothies and Create a Shake
Breakfasts
Sandwiches, baguettes, paninis, jacket potatoes and salads
Wide range of cakes, muffins, shortbreads and Danish pastries
Daily specials
Childrens lunchboxes
CUSTOMERS
High level of passing trade
Particularly popular with visiting shoppers
Meeting place for business and social occasions
Middle income demographic
SUPPLIERS
Products sourced both locally and through various trade outlets
Starbucks coffee blend supplied through Costco
STAFF
Vendor (1 working full time and 1 part time)
1 full time assistant
9 part time assistants
TRADING HOURS
8am to 6pm Monday to Saturday
10am to 4pm Sunday
FINANCIALS
Turnover
2011 £187,729
2010 £186,303
2009 £183,221
2008 £184,410
OVERHEADS
Rent £18,000 pa inclusive of service charge
Rates £3,500 pa
Wages £58,287 pa
Light and heat £4,801 pa
PREMISES AND EQUIPMENT
Prominently sited lock up coffee shop, close to town centre with tasteful, modern dιcor, equipped to modern commercial standards
32 covers inside, with a further 32 on the pavement
Customer WC
La Marzocco FB70 3 group head coffee machine with water filter
La Marzocco Swift Grinder
Hot water boiler
2 Blenders
2 under counter refrigerators
Built in oven
1 tall larder refrigerator
1 tall larger freezer
2 panini machines
Commercial dishwasher
Microwave
Toaster
1 tall drinks display cabinet
1 chilled subway style sandwich counter
1 chilled cake display cabinet
2 chest freezers
Display counter
I pod compatible music centre
Additional storage facility in adjacent building
Staff WC
Alarmed
CCTV in thoroughfare
STRENGTHS
Excellent location in the town with limited competition
High level of footfall and superbly sited on pedestrian thoroughfare
Consistently profitable with predictable weekly takings and solid financial performance
All fixtures and fittings included within consideration price
Website
SCOPE
Outside catering
Sandwich rounds
No licensing restriction with possibility of evening opening
Business development activities with offers and promotions
Cost savings possible when operated as a family business
TENURE
Leasehold with 2 years remaining of a 6 year lease
A new lease is available for negotiations.
Rent: £18,000 per annum inclusive of service charge
Rates: £3,500 per annum
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967). | | | | | | FOR SALE | | | | | REFERENCE: | 9979SG / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
