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Exciting Cafe and Coffee Shop in Shopping Centre: Hemel Hempstead

Hemel Hempstead, Hertfordshire
Advert ID
C33853B / Rightbiz
Leasehold Price: £299,950
Annual Turnover: £483,000
Town Centre Shopping Centre Location
2,000 square feet in total
Extremely well presented
High levels of footfall seven days a week
Base rent £38,000 per annum plus 10% of sales over £400,000
Gross weekly takings around £10,000 per week and increasing approximately 15% year on year
Very high (77%) gross profit margin

Everett Masson and Furby are delighted to offer for sale a busy and succesful food led coffee shop located in a prime position in a town centre shopping centre with a high level of footfall for seven days a week.

The business was purchased and remodelled by the present owner, who has a lifetime's experience in the food industry which he has used to launch a food led coffee offering that is designed to be able to be easily replicated in other locations.

The business is on the market only due to the wishes of the owners to take a well earned retirement, leading to an exciting opportunity for an ambitious entrpreneur to take the business to its natural level.

The business is presented in excellent condition, whilst the owners insistence on high levels of customer service have resulted in a loyal customer base. The business also benefits from significant passing trade due to the excellent location.

Early viewing is highly recommended through sole agent Everett Masson and Furby.

PRICE: £299,950 to include the benefit of the Lease, Goodwill, Fixtures, Fittings & Equipment, plus stock at valuation.

Listing Details
Location: Hemel Hempstead, Hertfordshire
Sector: Cafes, Tea Rooms
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Advert Reference: C33853B / Rightbiz

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