FOR SALE
29/04/22
294542
tearoomnorthantsKS / Rightbiz
City Business Brokers are pleased to bring to the market this busy and well-loved Tea Room located in a very well-known market town in Northamptonshire. The business was established 10½ years ago and has been in the careful and successful ownership of our client for the past 7 years. It now only comes onto the market as our client looks towards a fresh business challenge.
# LATEST NEWS - Turnover is at a recent HIGH !!
· Great ambience
· Extensive menu
· Countryside location
· Quirky and unique business
· No close competition
Operating from well-fitted and presented premises, the business currently primarily offers a full and varied inhouse menu of homemade classic hot and cold food, snacks, sandwiches, lunches, side orders, cakes, children’s menu, afternoon tea and an extensive range of hot and cold beverages, all prepared freshly to order in its fully equipped catering facilities and served in the pleasant surroundings of an attractively period-furnished dining area which may comfortably accommodate up to 60 covers inside and 30 covers outside.
Local art work is proudly displayed (and for sale) in the tea room and there is a Tea Room Shop, which contains locally crafted items for sale.
Trading Hours: Tues to Sat 10.00am-4.00pm
Sunday 11.00am-4.00pm
Staff: 2 Full-time, 1 Part-time plus weekend staff
Rent: £1,351 per month (Service Charge £133.54 per month)
Lease: Current lease expires July 2023 and a new lease is available
Turnover: Best weekly turnover current year £3,950
Average weekly turnover £2,950
Projected annual turnover this financial year £156,000
There is scope for continued growth, not least with regard to longer opening hours, providing more wine and dining evenings and the possible provision of local delivery and outside catering services which would also provide added revenues.
The business may also benefit greatly by adopting a far more vigorous marketing policy of its excellent existing facilities and services, particularly with reference to the introduction of online advertising and ordering in order to improve upon the already high levels of turnover and profitability it has achieved since being established in its present form.
Note: Would ideally suit a husband-and-wife team or couple to maximise profits.
We would strongly recommend the earliest possible viewing to avoid disappointment.
A full profile is available once a non-disclosure agreement has been signed.
All enquiries to City Business Brokers.
All above information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy of this information.
All arrangements to view are strictly by an appointment through the offices of City Business Brokers and no approaches whatsoever should be made to the owner or the business.
Library Image may be used for display purposes.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Get SolicitorThe data showed regarding this advert 'Thriving Cafe Tearoom in countryside location near Towcester, Northamptonshire - tearoomnorthantsKS / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.