Smoothie cafe for sale in Newcastle

For those seeking an exciting business opportunity, a thriving smoothie café in Newcastle upon Tyne is now available for sale. This popular establishment, Priory Press, has experienced remarkable success since its inception, becoming a go-to destination for both locals and visitors alike.

Founded by a young couple, Priory Press opened its first location in Tynemouth in February 2024. Almost instantly, it garnered a loyal customer base, thanks to its prime location and the bustling foot traffic typical of the area. The café’s second outlet on Nelson Street in Newcastle enjoys an equally advantageous position, visible from the busy Grainger Street, ensuring a steady influx of patrons throughout the day.

Among the standout offerings, the café's acai bowl has become a customer favourite and is currently its best-selling item. Priory Press remains one of the few places in the region to serve these nutritious bowls, and it prides itself on providing the best prices. The café’s appeal is further enhanced by its friendly staff, many of whom have been loyal team members since the opening.

Key features of the café that contribute to its success include:

• Prominent location, ensuring high foot traffic and a consistent customer base.
• Bright and inviting exterior adorned with vibrant yellow accents, enhancing visibility.
• Established brand with distinctive signage, bolstering its market presence.
• Well-equipped interior designed for smoothie preparation along with comfortable customer seating.
• Potential for product expansion to include more health-focused snacks and beverages.

This café has been in business for two years, and the current owner is looking to sell due to commitments to a full-time job, which limits their ability to focus on the business. They believe that under new management, which provides additional capital, the café could reach new heights.

With approximately 20 employees, the café is a fully operational business ready for immediate handover. It also boasts a presence on Instagram, enhancing its marketing efforts. The new owner will receive full training and support during the transition, ensuring a smooth takeover.

Financial and Operational Highlights

Despite being relatively new, the Newcastle store is fully fitted with all necessary equipment, and both locations come with essential assets, including valuable recipes and quality furnishings. The business shows significant potential for financial growth, with a current annual turnover of £500,000 and an asking price for the leasehold available on request. The annual rent is set at £53,000, making this an attractive opportunity for investors or new owners looking to tap into a growing market.

In summary, this smoothie café represents a prime business opportunity with strong market demand, immediate cash flow, and delivery options to drive increased turnover. The potential for expansion and the current operational support provided make it an ideal venture for anyone looking to invest in the food and beverage industry.