Cafes for sale in Gloucester

View the "Cafe/Sandwich Shop With Impressive Turnover" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 Unbelievable, as I've saved hundreds on agents fees, by doing it myself. 

Anjam Hussain (Jun 2017)
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Leasehold Price: £89,950 Price Reduced Turnover: £191,678 Gross Profit: £122,688
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Business Description
Business
Hilton Smythe welcomes to the market this very well-established café bar/Sandwich Deli situated in Gloucester city centre.

The current owners have run the business for 11 years now, so it is very well known and establish in the area, having a great reputation.

They are now looking into to pursuing other business interests.

The shop is well known for offering good quality, freshly made,

• Deli sandwiches
• Baguettes
• Ciabatta
• Sub rolls
• Jacket potatoes
• Salad Boxes.

They also offer hot specials every day, such as,

• Hot Roast Pork, Apple sauce and Stuffing
• Lasagne and salad
• Pasta Bakes
• Roast Turkey with Cranberry sauce and Stuffing and much more.

They also offer a range of,

• Hot and cold drinks
• Cakes and crisps

You can eat in or take away with 6 covers on the ground floor, 18 upstairs and 12 outside, offering great choice.

As well as the shop the business is well known for offering a range of outside catering for many private functions, including weddings, funerals, cocktail functions, boardroom Lunches and dinners, lunch boxes for outdoor group functions, reunions and corporate function catering.

They have several tasty fixed menus as well as the ability to customise buffet orders.

Knobbly Cob is a popular cafe bar/sandwich deli with an authentic feel and has great reviews on both Trip Advisor and Facebook, together with a website which can be found at,

http://www.knobblycob.co.uk/

This is an exceptionally well known and established business having a regular repeat client base. However, we believe it still has much potential for future growth and to be taken to next level.

There is scope for longer hours including Sunday opening, evening opening for parties and events, more advertising, an updated website and an extension to the outside catering, to include more parties and events further afield.

The business also has lots of space on the second and third floors which could offer many uses.

The owner would love to do all this, however with other business commitments, just doesn’t have the time, but would be happy to pass his thoughts and ideas along.

An internal inspection is very highly recommended to appreciate the space and potential on offer, to grow this business into the future.

Location
The Knobbly Cob is situated in a busy location, near the cross, in the middle of Gloucester town centre, with lots of passing trade.

Gloucester is well served by the M5 motorway, which runs to the east of the city.

The A38 runs north–south through Gloucester connecting the city with Tewkesbury and Bristol. The A40 runs west to east, connecting Gloucester with Cheltenham to the east (via a dual carriageway section known as The Golden Valley Bypass) and the Forest of Dean and Monmouth to the West. The A46 and A4173 links Gloucester and Stroud, and the A417 links Gloucester with Cirencester in the south east and Ledbury in the north west. The population in 2016 was 145,600.

Premises
The business offers easily managed, yet very good-sized premises over 4 floors, with the ground floor alone being approximately 40 sqm.

The ground floor consists of,

• Main café area
• Large kitchen
• Preparation area
• Storage.

On the first floor,

• Main seating area 16 covers
• WC
• Storage.

This continues to the second floor with,

• Large office space
• Staff room
• Storage

The third floor which is mainly used as a very spacious storage area.

There is a good quality range of equipment included within the sale as follows,

• Tables and chairs for up to 36 covers to include handmade chunky tables
• 3 x upright freezers
• 1 x upright fridge
• 1 x deck fridge
• Serve over counter
• Electric oven
• Microwave
• Electric ring with 2 hobs
• Toaster
• Till
• Panini machine
• 2 x griddles
• Commercial dishwasher
• 2 group head coffee machines
• Stainless steel drinks chiller
• Commercial vegetable chopper
• Juicer
• Outside winter tables and chairs
• CCTV with 3 cameras
• Security and fire alarms
• A range of outside catering equipment and more

An internal viewing is a must to appreciate what’s on offer for the discerning purchaser.

Tenure
We are advised that the business is being sold as a Leasehold opportunity on a 15-year Lease, which has 4 years left to run.

The business rent payable is £23,400 per annum, including vat.

Hours
Monday to Saturday 7:00 a.m. to 4:00 p.m.

Sunday Closed

Staff
The business is currently run by 2 full time and 6 part time members of staff, with occasional help from the owner.

Financial Profile
The accounting information shows a very healthy turnover of £191,678 for the year ending 31st March 2017 with a gross profit of £122,688.

According to the VOA website the current rateable value is £13,000, with rates payable of £2080 per annum.

Tenure: Leasehold

Listed by: Hilton Smythe

Find out more about this business opportunity.

 
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B04505
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