Business
Please quote reference B07454

CoGoGo are delighted to welcome to the market a highly rated tea room/cafe in Northern Lincolnshire.

First established by our client in January 2021, the business is extremely popular within the local area, building up an excellent reputation and regular customer base.

The business has now come to the open market due to our client’s desire to retire.

This opportunity is a cafe/tearoom business that offers internal and external seating. The business hosts themed events, private functions and also offers live music.

Our client has advised that they’d be happy to stay on at the business for a year, either as a consultant or as a supplier of the baked products to help the new buyers. This handover option can be discussed with our client, with the terms to be negotiated.

Key selling points –

• Very prominent trading location
• New lease in place
• Outstanding reputation and reviews
• Modern and bespoke décor
• Would suit a partnership or family run business
• Large garden space to the rear of the premises, over 3 levels with a patio, decks and balconies
• Space which can be used to hold all functions like parties, christenings, wakes etc.
• The building is licensed through the current owner, so the new buyer would need to apply for their own license.

Scope for further growth –

• Embark on modern marketing campaigns/advertising
• Open during evenings
• Offer a delivery service
• Offer outside catering
• Utilise the garden space for events and functions

Location
The business is located in Northern Lincolnshire and has eye catching signage, receiving high levels of footfall and passing trade.

Premises
Beautifully presented café.

Upon entrance is the main service area. An L shaped service area around the counter space, with 2 carpeted soft seating areas and around 42 internal covers.

The premises were renovated in 2020 with bespoke décor and lighting.

At the rear of the premises is the Kitchen, storage area and toilets.

The rear of the premises has a large garden area with patio and decking.

Tenure
We are advised that the business is being sold on a Leasehold basis, with a new lease to be offered for the new buyer. The current rent is £800 per month.

Hours
The current trading hours –

Monday – 10:00 – 15:00

Tuesday – Closed

Wednesday to Sunday – 10:00 – 15:00

Staff
We are advised that the business is run and managed by our client, with the help of 4 staff members (All part time and 1 is a weekend staff member).

Financial Profile
Further financials can be made available upon request.