Coffee Shops for sale in Flintshire

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Long established Coffee, Card and gift shop

Flintshire, Clwyd, Wales

  • Leasehold Price: £75,000
  • Annual Turnover: £277,265
  • Annual Net Profit: £25,075
Seller Reference: PAX0207815131
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Business Description
 
 
 
 
 
 
 
 
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Seller Reference: PAX0207815131
Request Details
Business Description
INTRODUCTION
The business has been trading for15 years on a popular retail Park. It occupies an enviable position in the centre of the shopping area. The business has traded solidly since opening in 2006. It has secured a loyal customer base, but also attracts new customers too. There is plenty of free car parking available plus a good mix of well known retailers on the park.
There is a wide selection of specialised greeting cards along with a choice of gifts for most occasions including belgian chocolates, Yankee candle, handbags and jewellery. The coffee shop provides delicious hand made coffee supplied by a local roasting company. A selection of cut cakes and hot toasted sandwiches which compliment the drinks available.
The newly refurbished coffee shop provides a warm and comfortable atmosphere to relax in with ample indoor and outdoor seating for over 60 covers

LOCATION
The premises is in the middle of a well established retail park. The surrounding area is densely populated with commercial businesses such as Sainsburys, Home Bargains, Poundland, Peacocks, Food Warehouse and B & M. There are good local road and rail links.

STAFF
The business is currently run by 9 part time staff with a manager in place but could benefit from an owner operator.
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FINANCIAL DETAILS
April 2020 Turnover £277,265 with a gross profit of £162,403.
The value of the stock in the gift shop currently is in the region of £28,000 and will be included in the asking price.
Accounts available after viewing the premises

LEASE
The current full repairing lease has until November 2025 to run. We understand a further or new lease will be granted. The current rent is £23500 per annum plus vat
The rates are exempt until April 2022
The limited company trading name is not available as part of the sale.

REASON FOR SALE
The present owner is retiring
Trading hours:
Mon-Sat 9am to 5.30pm
Sun 10am to 4.30pm
Number of employees:
11
Tenure:
Leasehold
Support and Training:
The present owner would be available to assist for a period of time to ease the handover, Although it is currently run by staff.
Location Details:
Flintshire Retail Park CH6
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