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Well Established Cafe Business

Colchester, Essex
Leasehold Price:
£25,000
Status
FOR SALE
Advert ID
249360
Reference
B05534 / Rightbiz
Business
Hilton Smythe welcomes to the market Fresh Café, which was established in April 2017 and prides itself, as its name suggests, in selling fresh and healthy food to its customers. The menu includes breakfasts from porridge to poached eggs to a full English. There are also many options protein packed pancakes and snacks. The lunch menu includes chicken and rice style dishes full of flavour and energy.

The Sanreno coffee machine produces any type of coffee you require and there are many other drinks including protein shakes.

Most of the custom comes from the gym and the Severalls Business Park and around 10 times a year there are event weekends bringing in competitors from across the UK for either CrossFit based competitions or weightlifting based competitions. Tuesday and Thursday evenings are CrossFit kids’ classes and parents generally stay in the café for coffee etc.

There is scope for development of the business by considering;

  • A marketing plan for the local area
  • A meal delivery system
  • Opening the full gym hours
  • Further advertising on social media
  • Diversifying the menu
  • Installation of a vending machine for use during closed hours
  • Fresh Café would make an ideal purchase for any buyer because
  • Low outgoings
  • Regular customer base
  • Scope for development
Hilton Smythe highly advise early viewing to avoid disappointment.



Location
Fresh Café is in Colchester within CrossFit Colchester a CrossFit gym that has been established since April 2017 and has become one of the most renowned gyms of its type in the east of England, holding different events and competitions throughout the year and having a growing membership. The premises are located on Severalls Business Park, one of the largest business parks within the area and easily accessible to the main A12 which leads to London.

There is plenty of free parking directly outside and a regular footfall from the gym and the other businesses that are located within the gym premises which include a barber, osteopath, beautician, physio and sports massage. There are many other customers who work on Severalls Business Park who are looking for a healthy alternative foodwise.

There is plenty of free, no restriction parking directly outside.



Premises
On entering the main gym premises Fresh Café is located on the left-hand side

There is currently a drinks/food chiller in the main foyer area at the entrance to the café

Fresh café has 3 table giving seating for 6 currently and there are further bar stools for dining at the counter. There is a menu display board within the dining area.

The bespoke service counter area has a wooden worksurface upon which there is a Sanreno coffee machine, grinder and storage below with a freezer and 3 fridges.

Behind the counter is a 6-burner stove with splashback and extractor over, dishwasher, sinks, blender, toaster and numerous storage cupboards.

There is CCTV and air conditioning.

The premises are circa 618 sqm.



Tenure
We are advised the business is being sold as a leasehold business opportunity. The lease was initially for 1 year and is current rolling, however, the landlord has indicated they will be willing to create a new longer lease for any incoming owner of the business.

The current rent is £6,900 per annum, paid monthly at £575 and there are no business rates to be paid.



Hours
Monday - Friday: 8am – 2pm & 5pm – 8pm

Saturday: 10am – 2pm

Sunday: Closed

The gym is open Monday – Friday: 6am – 9.30pm

Saturday: 8am – 3pm

Sunday: 8am – 1pm

It would be a consideration to open longer hours to cover the full gym opening times.



Staff
The business is run and managed by our client.



Financial Profile
 Fresh Café generated an advised turnover of circa £66,669 as of the 2019 accounts.

The assets being sold with the business are conservatively worth in the region of £8,000

The average stock value is in the region of £500



Listing Details
Leasehold Price: £25,000
Tenure: Leasehold
Location: Colchester, Essex
Sector: Cafes, Take Aways Businesses
Financials
Annual Turnover: £66,669
Contact Agent
Telephone: Upgrade to view
Agent Name: Upgrade to view
Advert Reference: B05534 / Rightbiz
What's nearby
Within 1 milei:
Premier Inn Colchester Central (Lodging)
North Hill Hotel (Lodging)
Recruiterz Ltd (Local Government Office)
PS landscaping (General Contractor)
Antony J Edwards (Health)
Colchester Arts Centre (Point Of Interest)
Nationwide (Atm)
The Hospital Arms (Bar)
SUBWAY Colchester (Meal Takeaway)
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