Extremely well established coffee shop for sale

  • Price: £139,995
  • Annual Turnover: £364,982
London, England
Seller Ref:B07602
Under Offer

Extremely well established coffee shop for sale

London, England
Seller Ref:B07602
  • Price: £139,995
  • Annual Turnover: £364,982

Overview

Seller Ref: B07602

Description

Business
Please quote reference B07602


CoGoGo are delighted to welcome to the market Coffee Wake Cup, a highly rated coffee shop in the Clapham area of London. 


This highly rated business opportunity was first established by our client in 2013, building up an excellent reputation. As seen by the many online ratings and reviews, the business is extremely popular within the area, building up a regular client base. 


Coffee Wake Cup has now come to the open market due to ill health. 


Coffee Wake Cup is a well renowned coffee shop that was recently awarded a recommendation badge by Restaurant Guru. The business has excellent customer reviews online – Google: 4.4 (over 250 reviews), Facebook: 4.8, Trip advisor: 4.5,Deliveroo: 4.8, UberEATS: 4.8.


The business specialises in some of the following –

  • Bean to cup Coffee, Specialty Teas, Smoothies (vegan options), Fresh Juices, Iced drinks, Hot Chocolates.
  • Full brunch menu, lunch, salads, homemade Cakes and Muffins, Pancakes, Granola & Porridges.


The business is popular for their choice of weekend brunch, serving organic coffee, raw juices and smoothies. The business also benefits from having an alcohol licence from 12pm, with a good selection of wines, cocktails and draught beers. The menu is available for eat in, takeaway or delivery options through Deliveroo and Uber Eats. 


They also have experience with private hires for movie production companies. 


Key selling points –

  • Extremely busy location with local nurseries, primary schools, high school, art film school, St Mary’s church,  Clapham Common Park with many sport & music events and shopping areas
  • Recent refurbishment allowing any new buyer to walk straight in and continue trading
  • Over 5,500 Instagram followers
  • Further opportunity to grow the current sales
  • New lease in place
  • Handover period offered


Scope for further growth –

  • Add an evening bistro menu
  • Pop up events/music
  • Outside catering  

Location
Coffee Wake Cup occupies a desirable location on Clapham Park Road, in the heart of Clapham, London. 


The business is located on a very busy parade of shops, resulting in high levels of footfall. 

Premises
Ground floor –

  • 40 cover open plane dining area
  • Large service counter
  • Kitchen
  • Storeroom
  • Large accessible toilet


External – 

  • Outside seating for 8 people (front)
  • Outside seating for 16 people (rear) – popular during the summer months.

Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 10 year lease. The rent is £27,500 per annum. 

Hours
The current trading hours are –


Monday to Saturday – 7:30am – 7:00pm


Sunday – 8:00am – 6:00pm

Staff
We are advised that the business has 5 members of staff. 

Financial Profile
We are advised as per the 2022/2023 accounts, the business generated a turnover in the region of £365,000. Further financials can be made available upon request. 

Is this business relocatable:
No
Is stock included:
NA

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