Cafes for sale in Bath

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 I had a great response from potential buyers which resulted in 3 offers for my business. 

Peter Webber (March 2014)
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Leasehold Price: £49,950 Price Reduced Turnover: £83,291 Gross Profit: £53,285
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Business Description
BUSINESS
Hilton Smythe is delighted to welcome to the market this popular café business, ideally located within the city of Bath, Somerset.

The business was established by our client in 2011 and is only now being offered to the market due to our client’s other business interests. The business currently operates 6 days per week and according to accounts ending July 2015, the business generated a turnover in the region of £83,300 per annum, with a gross profit of approximately 64%.

Our client offers a wide variety of fayre including hot and cold sandwiches, soups, salads and daily lunch specials, as well as cakes, which are all made onsite, biscuits, chocolates, fudges, relishes, preserves and chutneys.

All the food is freshly prepared with only the finest high quality ingredients, which are locally sourced, if possible. Our client also offers a bespoke outside catering service for any occasion, providing everything from finger buffets to custom-made speciality cakes.

The property boasts just over 72 sq. metres of floor space, with a café area for 20 covers. The premises are very well maintained, decorated to a very high standard and fitted out to suit the trade.

The business has built up an enviable reputation within the area for the very high quality of the goods and services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

We feel there is scope to increase the turnover by extending the opening hours, perhaps by offering Sunday trading. A new owner could also embark on a modest marketing campaign to highlight the excellent food and service available. There is already an excellent and informative website in place to promote the business at www.indulgence-cafe.co.uk.

This is an excellent opportunity for a new owner, perhaps a husband and wife team or partnership, to take this already thriving and popular business to the next level; therefore early viewing must come highly recommended to avoid disappointment.

LOCATION
Indulgence Café and Patisserie occupies prominent and substantial ground floor premises, ideally located within the bustling city of Bath in Somerset, close to the popular Sydney Gardens. The business is situated on the busy Bathwick Street, surrounded by complimentary shops and businesses, therefor e benefiting from a high volume of footfall and passing trade. The business further benefits from on-street parking facilities to the front of the premises.

Bath is situated within the rolling countryside of southwest England and is known for its natural hot springs and 18th century Georgian architecture. The city boasts over 400 retail shops, half of which are run by independent specialist retailers. One of Bath’s principle industries is tourism, with annually more than one million staying visitors and 3.8 million day visitors.

The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property. The nearest railway station is Bath Spa, which is 1½ miles away. The area is also well served by the A-roads, with the business set on the A36, which links to the national A-road and motorway networks.  Trowbridge is approximately 11½ miles away and Bristol is 22½ miles away.

PREMISES
Substantial ground floor premises in an ideal trading position, briefly comprising:

Lower ground floor:

2 x storage rooms, one of which is large and could be used as an office, the other is smaller.

Customer WC.

Ground floor:

Main café area:

Large window to front creating a light and airy feel.

20 x covers.

Display shelving to perimeter walls.

Large serve over chiller counter with electronic cash register.

Fully equipped commercial kitchen.

Washing up room.

Equipment included:

6 x burner electric cooker.

Oven.

Baking oven.

Baking tray stacker.

Stainless steel preparation tales.

Stainless steel sink unit.

Toasters.

Microwave ovens.

Various refrigerators.

3 x freezers (located in lower ground storage room).

Refrigerated display cabinet.

Refrigerated display cabinet for cakes.

Refrigerated display cabinet for sandwich fillings.

TENURE
We are advised Leasehold:

Current lease expires: June 2017

Rent: £10,500 per annum

We are advised the landlord will grant a new lease.

HOURS
The business is open:

Monday – Saturday: 9.00am – 5.00pm

Sunday: Closed

STAFF
The business is owner run and managed with 2 x part time staff members.

FINANCIAL PROFILE
The business currently operates 6 days per week and according to accounts ending July 2015, the business generated a turnover in the region of £83,300 per annum, with a gross profit of approximately 64%.



Tenure: Leasehold

Listed by: Hilton Smythe
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