Overview
Description
CAFE/COFFEE SHOP – IPSWICH – A long-established business which has been owned and operated by our clients for in excess of 20 years who have now brought the business to market with a genuine reason for sale, due to retirement. The premises is fantastically presented throughout with quality fixtures, fittings and equipment, included within the sale price. The business trades with a menu that includes, but is not limited to breakfasts, omelettes, sandwiches, wraps and jacket potatoes to name a few items which is also accompanied by a dessert menu with waffles, ice creams and brownies. The business has built up a fantastic reputation over our client’s period of ownership, supported by a 4.5* Tripadvisor rating, a 5* Facebook rating, 4.6* Google review and a 5* Food Hygiene rating. The business has a strong established gross turnover of approximately £238,800 per annum working to the usual high gross profit margins associated with the trade, however still leaves huge scope to increase further by extending the trading days and times as our client only opens until 3 pm and closes on Sundays. There is further scope to increase the turnover by incorporating a delivery service which our client has set up a platform to do, but has chosen not to utilise, as well as utilising the 2-deck pizza oven to offer a pizza eat in and delivery service. Approximately 10 years remaining on the lease at a current rent payable at £16,000 per annum. Zero business rates payable. Viewing recommended. OUR REF: RX291680
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