***Well established family run business, vendor is looking for a quick sale due to serious health issues, Offers over £50,000***
2018 turnover in excess of £200,000, weekly in excess of £4.500 on restricted hrs, long lease available
City Centre and main street location,
Modern interior, Fully revamped. 1 floor, approx. 30 covers externally serving area. excellent scope and potential.
Profitable, Cafe located in centre of Exeter, Devon. Adjoining High St location close to coach station, cathedral and main high street A lock up with existing or new lease available. Area of history and tourism, /University city. Turnover to end of 2018, excess £200,000 on restricted hrs by owner choice, excellent scope to increase. Excellent scope to licence Alcohol Excellent all year-round support. Music Licence
Leasehold reference ML0011998
The Little Orange Café in Exeter is a multi-function Cafe located on Southside Street, a road that continues for 25 yards then becomes the High Street, in an area steeped in history and tourism of Exeter, Devon. With easy parking nearby, plenty of comfortable seating, over 30 covers internally all year round and with the addition of Deliveroo service which is proving to be a great hit with clients. The business as a true scope to expand and build upon the current success of the vendors and extend the hours and menus.
With a commanding position and a friendly atmosphere throughout, clients can choose from a selection of dishes, snacks and drinks. The Little Orange Cafe also offer a regularly updated range of specials and great home food to choose from.
The Cafe is centrally located within the City Centre area of Exeter (The main Cathedral is only 200 yds away) in Devon. The business benefits from the no end of tourists 12 months of the year, in addition the business is supported by keen locals, and university students, who supply all year-round trade.
Owned and operated by our vendor for over 4 years, the business is booming, however due to a lack of enthusiasm by the vendors, they restricted the opening hours. Scope exists to increase the turnover yet again if a buyer obtains an alcohol licence and opens in the evenings, there are a whole host of cafés in Exeter that do this very successfully. The Café, if licenced for alcohol, wouldnt take long for an enthusiastic buyer to retap into the evening trade and boost their investment.
Current seating arrangements is laid out over 1 floor the current eating area offers in excess of 30 diners comfortable seating arrangements with plenty of space, this figure could be increased. In addition to this the café offers a takeaway service with Deliveroo. Although this is a very new service it is already providing an additional source of income.
The business offers a full waiting service from its dedicated team
Summary. An ideal opportunity to obtain The Little Orange Café (Exeter) Limited T/A The little Orange Cafe, located right in the centre of the City Centre area of Exeter in a highly desired area.
The sale can either be a share sale in full or an asset sale plus goodwill. The vendors will consider reasonable offers.
The business offers excellent scope for an owner operator to enhance the good work already established by the current owners. Due to the location and scope demand is expected to be high and early viewing is recommended to avoid disappointment
Is accommodation included?: