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Cafe Business With A Strong Online Reputation

Romford, London
Leasehold Price:
£80,000
Status
FOR SALE
Advert ID
253025
Reference
B05718 / Rightbiz
Business
Hilton Smythe welcomes to the market Café Shot a café/coffee shop with A1 use that our client is looking to sell due to family commitments.

Café Shot is a family run business that provides excellent customer service and amazing coffee using 100% fair trade sourced Arabica rainforest alliance coffee. They also serve a wide range of teas, hot chocolate, iced coffees, frappes, milkshakes and smoothies. There are breakfast and lunch menus and a selection of sandwiches and paninis all made fresh every day. There is also homemade salt beef and other unique healthy products available.

Café shot has strong online reviews including 4.7* on Google and 4.6* on TripAdvisor and the business is being sold with its website.

There is scope for development as the owner has had plans passed and has permission to add a full kitchen and change to A3 use.

Hilton Smythe highly advise early viewing to avoid disappointment.



Location
Café Shot is in Romford, Essex, on Brentwood Road, a busy road in a densely populated residential area close to Romford train station.

Café Shot has distinctive signage and canopy outside and has an enclosed seating area outside to the front for 12 customers plus potentially a further 4.

Romford is a large town just east of London with a population of 95,894 as of the 2011 census. Romford has a train station that links to Liverpool Street Station and numerous bus routes.



Premises
To the front of the shop is a seating area with 4 tables and seating for 12 customers plus an additional 4 at the sofa area.

Entrance door to the main café with seating for 11 on tables and 4 around a coffee table, solid wood flooring, display fridge for sandwiches and drinks etc, door to customer toilet and open to the kitchen area.

The counter area has display shelving to the front, cake display area, till, card machine, coffee machine and grinder, fridge, storage cupboard, panini machines, microwave, work surfaces.

Door to rear area and small outside space.



Tenure
We are advised the business is being sold as a leasehold business opportunity with a 5-year lease from 2016 and an annual rent of £10,000.

We have been informed that the business is business rates exempt.



Hours
Monday - Saturday: 6am – 6pm

Sunday: Closed



Staff
The business is run and managed by our husband and wife clients, with the help of a part time member of staff.



Financial Profile
Café Shot generates an advised turnover of circa £110,000, with a net profit of around 45%.

The assets being sold with the business are worth in the region of £6,000.

The average stock value is in the region of £2,000.



Listing Details
Leasehold Price: £80,000
Tenure: Leasehold
Location: Romford, London
Sector: Cafes, Sandwich Shops
Financials
Annual Turnover: £110,000
Contact Agent
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Advert Reference: B05718 / Rightbiz
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