Cafes for sale in Northwood

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Mike Watts and Wendy Race (September 2016)
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Leasehold Price: £69,995 Turnover: £65,599 Gross Profit: £44,706
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Business Description
BUSINESS
Hilton Smythe are delighted to present Butterflies Cafe to the open market. Established and founded by our clients in Jan 2014 and offered to the market since one of the partners has just had her first baby.

This beautifully presented cafe was purchased in late 2013 and received a complete refurbishment by our clients creating an open plan cafe and service area with rear preparation areas.

The business currently takes 60% from walk in customers and 40% take away.  The customer base is a mixture of local business workers, some office workers, local residents and school mums.  There is massive potential to grow the delivery side of the business and include a delivery round to other offices who have a limited lunch time.

Currently the menu includes a full breakfast choice with a build your own option, bean to cup ‘illy’ coffee, teas and cold drinks.  Lunch option - jacket potatoes, omelettes, freshly made filled sandwiches and baguettes.  Fresh to order burgers, paninis, kids’ meals and a very popular choice of freshly made salads.

There is endless potential to grow current turnover by increasing the current hours, outside catering, deliveries and links with local schools.

The business receives 5 out of 5 reviews on Trip Advisor, has an active Facebook following, with advertising on Yell.com.

Our clients are happy to offer a handover period.

LOCATION
Butterflies Cafe enjoys a central trading position on the High Street in Northwood, Middlesex.

The street is well known for its choice of independent retailers, free parking directly outside and sits in the middle of a large residential estate. In the area are two good schools, Haste Hill golf course, Northwood cemetery and Ruislip woods and national nature reserve and lido.

Northwood tube station is 5 mins walk away.  The business is located on the busy A4125 road.

PREMISES
Mid parade premise circa 53sq m.

Over £15k of equipment included -

Cafe area - 8 solid wood tables, 18 chairs, baby high chair and stools in the window, customer toilet, attractive exposed brick chimney breasts, pastry display cabinet, chilled glass fronted  display cabinet , till , card machine, ‘pro mac ‘ 2 x arm semi auto coffee machine and cone grinder, Buffalo panini grill, toaster, electric oven, large extraction hood unit, sink unit, under counter shelving, corner plate stack shelving, microwave, double fryers, large griddle, hand wash basin, small chest freezer.  Central wall mounted air con unit with heat functions for the winter.

Rear prep area and dishwashing area - upright freezer, upright fridge, storage racking, large stainless steel preparation area, dishwashing sinks, dishwasher and boiler.

Staff toilet and access to rear alley way and car parking space.

TENURE
We are advised leasehold.

The original lease length is 4 years with 3.5 remaining.

Rent is £10,000 a year.

There are currently nil business rates to pay.

HOURS
The business currently opens:-

Monday to Friday 7.00am – 3.00pm

Saturday 8.00am – 3.00pm

Sunday closed.

STAFF
2 x owners only working full time however 1 owner has been covered full time as on maternity leave.

FINANCIAL PROFILE
According to the 2016 accounts year ending July 2016 the business reports turnover at

£65,599 with gross profit in the region of 68%.


Tenure: Leasehold

Listed by: Hilton Smythe
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