Coffee Wake Cup, Popular and Highly Rated Coffee Shop in Clapham, London for Sale
City of London, London
- Status
UNDER OFFER
- Date Submitted:
27/10/23
- Advert ID
601793
- Reference
B07602 / Rightbiz
- Call Agent:
- Leasehold: £139,995
- Turnover: £364,982 (£7,019 Per week)
- Net Profit: Not Applicable
Business Details
Extremely well established coffee shop for sale
BusinessPlease quote reference B07602
Hilton Smythe are delighted to welcome to the market Coffee Wake Cup, a highly rated coffee shop in the Clapham area of London.
This highly rated business opportunity was first established by our client in 2013, building up an excellent reputation. As seen by the many online ratings and reviews, the business is extremely popular within the area, building up a regular client base.
Coffee Wake Cup has now come to the open market due to ill health.
Coffee Wake Cup is a well renowned coffee shop that was recently awarded a recommendation badge by Restaurant Guru. The business has excellent customer reviews online - Google: 4.4 (over 250 reviews), Facebook: 4.8, Trip advisor: 4.5,Deliveroo: 4.8, UberEATS: 4.8.
The business specialises in some of the following -
- Bean to cup Coffee, Specialty Teas, Smoothies (vegan options), Fresh Juices, Iced drinks, Hot Chocolates.
- Full brunch menu, lunch, salads, homemade Cakes and Muffins, Pancakes, Granola & Porridges.
They also have experience with private hires for movie production companies.
Key selling points -
- Extremely busy location with local nurseries, primary schools, high school, art film school, St Mary’s church, Clapham Common Park with many sport & music events and shopping areas
- Recent refurbishment allowing any new buyer to walk straight in and continue trading
- Over 5,500 Instagram followers
- Further opportunity to grow the current sales
- New lease in place
- Handover period offered
- Add an evening bistro menu
- Pop up events/music
- Outside catering
Location
Coffee Wake Cup occupies a desirable location on Clapham Park Road, in the heart of Clapham, London.
The business is located on a very busy parade of shops, resulting in high levels of footfall.
Premises
Ground floor -
- 40 cover open plane dining area
- Large service counter
- Kitchen
- Storeroom
- Large accessible toilet
- Outside seating for 8 people (front)
- Outside seating for 16 people (rear) - popular during the summer months.
Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 10 year lease. The rent is £27,500 per annum.
Hours
The current trading hours are -
Monday to Saturday - 7:30am - 7:00pm
Sunday - 8:00am - 6:00pm
Staff
We are advised that the business has 5 members of staff.
Financial Profile
We are advised as per the 2022/2023 accounts, the business generated a turnover in the region of £365,000. Further financials can be made available upon request.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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Stay Safe
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.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.'.
Stay Safe
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.
Stay Safe
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
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