West Bridgford Traditional Teahouse with Loyal Customer Base and Expansion Potential For Sale
West Bridgford, Nottinghamshire
- Status
UNDER OFFER
- Advert ID
618545
- Reference
3840 / Rightbiz
- Call Agent:
- Leasehold: £67,000 (Stock at valuation)
- Turnover: £200,000 (£3,846 per week)
- Net Profit: On request
Key Features
- Town Centre location
- Central Position in Affluent Village
- Established Business
- Attractive Business
- Prime Location
- Accounts Available
- Fully Fitted
- Retirement Sale
- Close to Local Amenities
Business Details
A Popular, Traditional Teahouse in West Bridgford, Nottinghamshire. Established Business 'For Sale'
Just a short stroll from the centre of West Bridgford, amongst other non-competing businesses, Tiffin Teahouse benefits from generous forecourt seating and on street parking.
The business has a loyal customer base, with many people booking time and time again. Tiffin offers a wide range teas, coffee, breakfast, lunch, afternoon teas and homemade cakes. Tiffin is licensed and has the potential to open one evening per month (until 8pm). The ambiance is warm, friendly and welcoming, providing a relaxing setting for all occasions.
Recently voted Food and Drink establishment of the year in the celebrating Rushcliffe awards, and featuring in 2 cookbooks, this teahouse has set the benchmark in customer service and food standards.
This turnkey business still has plenty of potential.
Key information:
Seating for 30 inside, plus further seating for 16 covers outside. Fully equipped kitchen. A full list of equipment will be provided.
Takings. We are advised these are in the region of £200,000 per annum.
Stock Level. At valuation. Estimated to be £2,500.
Trading Hours. Open 6 days, Tuesday – Saturday 9am to 4pm, Sunday 10am – 4pm. Closed on Mondays.
Staff. 3 team members per shift, with 4 being required on Saturdays. A pool of 9 part time members of staff are able to run the business (including a cake maker 2 days per week).
Tenure. Leasehold. Term. 8 years from September 2019. Lease to be reassigned. Rating. Rushcliffe District Council Business rates payable. Nil with S.B.R.R.
Services. All mains services except gas are connected to the premises.
For the full sales particulars please complete the enquiry form or use the link to our website.
Summary. With all the hard work being done, this teahouse / coffee shop is now ready for new owners and new energy. This is a genuine retirement sale, hence being priced at a very realistic level.
Contact Agent
Listing Statistics
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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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