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Croydon Coffee Shop With Massive Growth

Croydon, London
Status
FOR SALE
Advert ID
201981
Reference
14192-C J / Rightbiz
01204 282 229
Leasehold Price: £73,950
Annual Turnover: £110,000
Business
Hilton Smythe are delighted to offer to the market a contemporary and thriving coffee shop and fresh food cafe. Established by our client in March 2017 and now offered for sale due to family commitments.

The centrally positioned business offers organic locally sourced coffee, teas made with milk, unsweetened almond, oat milk or soya. A large selection of pressed juices, iced coffees, smoothies and waters.

The menu includes vegetarian, gluten free and vegan options.

Breakfast options include local pastries, fruit and granola combinations, smoothies with brunch/lunch options of topped sour dough toast, toasted sandwiches, salads, daily specials and cakes.



Location
Croydon based coffee shop and fresh food café Crushed Bean is situated on a busy high street with lots of retail shopping, large office units, council offices, branded restaurants, NHS services offices and new apartments.

Croydon is the largest town in south London and has become a nucleus for redevelopment and town centre living with hundreds of new apartments being built and lots of investment in the infrastructure and services. Croydon is located 10 miles south of central London and the improved train services from Croydon mainline station can ensure commuters can be in the centre of London in just under 30 minutes.

Croydon is also popular due to its close proximity to the M25 which is reached directly by the A23 which runs through the centre of Croydon.



Premises
Newly refurbished unit arranged over 2 floors with new electrics and equipment.

Ground floor - 7 seating covers using light wood contemporary furniture and wide window seat made of old wood, fixed wood counter with glass cake stands, card machine, drinks blender, 2 x arm coffee machine and grinder, panini grill, under counter fridge, under counter freezer, open drinks chiller, wall mounted menu board and till.

Lower ground - 12 covers selection of wooden tables, integrated wall seating with cushions, retro sofa and chairs with coffee tables and lower window plant stand feature.

Customer toilet.



Tenure
The business is being sold as a Leasehold opportunity.

12 year original lease.
Just over 10 years remain as of Oct 2017.
Rent £17,000 per annum.


Receives rates relief.



Hours
Monday to Friday: 7.30am – 5pm
Saturday: 9am – 3pm




Staff
Currently run by the owner full time, with the help of 1 full time and 2 part time members of staff.



Financial Profile
Estimated first year trading in the region of £110,000 with a gross profit of 65%.



Listing Details
Location: Croydon, London
Marketed By: Hilton Smythe
Sector: Cafes, Tea Rooms
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Advert Reference: 14192-C J / Rightbiz

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