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Rising Coffee Shop, Cool Beanz, in Ipswich Suffolk Centre on Market

Ipswich, Suffolk
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Popular & Growing Coffee Shop For SalePopular & Growing Coffee Shop For SalePopular & Growing Coffee Shop For SalePopular & Growing Coffee Shop For SalePopular & Growing Coffee Shop For SalePopular & Growing Coffee Shop For SalePopular & Growing Coffee Shop For Sale
  • Leasehold: £84,995
  • Turnover: £212,000 (£4,077 Per week)
  • Net Profit: Not Applicable

Business Details

Popular & Growing Coffee Shop For Sale

Business
Please quote reference B07997

CoGoGo welcomes to the market Cool Beanz, a coffee shop and café which was fully fitted and established by our clients in 2013.

The business now comes to the market due to  our clients wishes to pursue different sectors.

The business serves jacket potatoes, paninis, sandwiches, wraps, tea and coffee and also carrying out external catering for the council offices and other businesses alike. There is a catchment of circa 2,500 workers in the direct area and also the added benefit of being close to Ipswich Town FC.

The premises is also used as a meeting room for the council offices, which brings in further trade. There is also a loyalty reward scheme for hot drinks.

Despite an increase in turnover year on year the business can be developed by introducing a full breakfast menu, opening later in the afternoon.

The business does not have a website or a social media page and these can be added to gain further custom.

CoGoGo highly advise early viewing to avoid disappointment.



Location
Cool Beanz Coffee House is located in the centre of Ipswich, which is the county town of Suffolk. The café and coffee shop is ideally located underneath the Ipswich Borough Council offices and opposite Suffolk County Council offices.

Ipswich town’s ground Portman Road is only a few hundred yards away, making this a fantastic location with high footfall. There is parking to the rear of the premises.



Premises
Outside the premises there is currently 2 bistro tables giving seating for up to 8. There is room for more bistro tables.

The entrance door leads to the main seating area with seating and tables, benches and a breakfast bar for around 40. Past this area there is a soft seating giving further seating for around 20-25. There is a TV on the wall, crisp stand, cold drinks display fridge and sandwich display fridge.

Off the main café area there are toilets with disabled access and there is a door to the rear which gives access to the service area including parking area.

The 5* hygiene rated kitchen has a dishwasher, turbo fan oven, fridge and freezer, preparation tables and sink. There are saloon doors to the servery and a door to the store area with chest freezer, fridge and storage shelving.

The servery area has a till, undercounter fridges and Brasilia coffee machine, sink, toaster, under counter storage, chilled display, heated display and menu board.

Due to the condition's on the lease, extraction fans for odours are not allowed due to businesses above.



Tenure
This opportunity is being sold on a Leasehold basis.



Hours
The current trading hours are:

Monday to  Friday - 7:30am to 3:30pm

Saturday & Sunday - Closed



Staff
The business is run and managed by our client with the help of a full-time manager and 5 x part time members of staff.



Financial Profile
The business achieved a turnover of £212,000. Full financials can be made available upon further request.



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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.

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