Overview
Description
Business
Please quote reference B07850
CoGoGo welcomes to the market Pete’s Place Ltd T/A Pete’s Place – Cafe & Coffee Shop, a highly rated cafe and coffee shop in the village of Ramsden Heath, Essex.
The business was founded by our client in 2019, building up an excellent reputation and regular customer base. As seen by the online ratings and reviews, its proven to be extremely popular within the local area.
Pete’s Place – Cafe & Coffee Shop has now come to the open market due to our clients desire to move on.
This well run business opportunity offers specialty coffees and a range of hot drinks. They also provide traditional cafe foods like Full English Breakfasts, Sandwiches, Cakes and Light Lunches.
Key selling points –
- Well established
- Great reputation
- Endless potential
- Turnkey business opportunity
Scope for further growth –
- Extend trading hours
- Increase advertising and marketing
- Create a dedicated business website
- Potentially look at a delivery service locally
Location
Pete’s Place – Cafe & Coffee Shop is located on Heath Road in Ramsden Heath, Essex.
Due to its trading location and position on a corner, its easily seen from all roads and angles.
Premises
Ground floor –
- Well presented service area with 45 covers inside and 24 covers outside
- Kitchen area
External areas –
Outside garden space to the rear of the premises for the warmer months
Tenure
We are advised that the business is being sold on a Leasehold basis, with the current 5 year lease due to expire in 2024. The current rent is £18,700 per annum.
A new buyer would have to negotiate a mutually acceptable lease with the landlord.
Hours
The current trading hours are –
Monday – Closed
Tuesday to Saturday – 9:00am – 3:00pm
Sunday – 10:00am – 2:00pm
Staff
We are advised that the business is run and managed by our client, with the help of 1 full time and 12 part tine staff members.
Financial Profile
We are advised as per the 2023 accounts, the business generated a turnover in the region of £170,000. Further financials can be made available upon request.
Is this business relocatable:
Is stock included:
Listed By:
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