Hilton Smythe welcomes to the market this popular cafe. The café was originally established in this location in 2000. Our clients then took over the business in 2014 and are now looking to sell the café, due to the desire to take a well-deserved retirement.
The café offers a generous amount of hot and cold fayre to eat-in or takeaway. They sell a variety of fresh sandwiches, hot breakfasts, jacket potatoes, daily specials as well as hot and cold beverages, popular products being the flavoured milkshakes and homemade cakes. This is a high quality café that has an exception reputation for its excellent service and products on offer.
The business has a great turnover of £166,000 per annum, with a gross profit of 72%. This is a healthy turnover that could be further increased. The purchaser could look to offer outside catering.
Our clients also offers a unique service of picnic basket hire. There are different menus available for this service. The hire includes a picnic basket, cutlery, plates, straws and glasses. This is an excellent service that competition in the area does not offer. The café is also know in the area for its cakes, a full cake can be made to order.
The café can host sit down parties for birthdays, baby showers, bridal showers, anniversaries, engagements and many more private parties. This side of the business should be promoted more. Social media sites such as Facebook would be a great platform. The business does have an excellent website, which promotes products, menus, up and coming events and information on all services. This site is regularly updated and is easy to use.
This really is a fantastic opportunity that is not to be missed. Hilton Smythe highly advise early viewing to take in the full potential of this popular café business.
The cafe is located in Hampshire.
The café is situated on a parade of stores in a retail location. There are several independent businesses in this vicinity, there is a convenience store, gift shop, fish and chip shop, restaurant, grocers and more well-known stores, Costa, Co-op, Dominos, Iceland and a Lloyds Bank. These stores serve the surrounding residential area and the many schools that are close by.
This area connects to arterial roads in the town. There are bus stops in the area, these have regular routes into surrounding towns.
The cafe is situated in the middle of a retail parade of stores. This is a well-signed property that looks presentable, this continues inside the café.
Inside the café there is a vintage shabby chic feel. The property is open plan and has been completed to a high standard, our vendors have put a lot of time and effort into this café and it shows. The service counter is to the rear of the property, this is well-laid out.
2 x group arm coffee machines
2 x under counter fridges
Cake display unit
Shelving for crockery
The kitchen is through to the rear, this is a commercial kitchen that suites the trade.
Six gas ring oven
2 x fryers
Stainless steel preparation unit
Stainless steel fridge
Large extraction unit
2 x double upright fridges
2 x Preparation fridges
Staff storage area
There is also a disabled friendly and baby changing customer toilet. In here there is a visitor’s book for customers to see past reviews, new customers can also write their own comments.
We are advised the business is being sold as a Leasehold opportunity.
Original lease length: 10 years
Remaining lease length: 8 years as of 2016.
Rent: £21,500 per annum
The business opening hours-
Monday - Saturday: 8am – 4pm
The business is run and managed by our clients, with the help of three members of staff.
The business generates a turnover in the region of £166,000 per annum.
Gross profit 72%
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