Overview
Description
Business
Please quote reference B07051
Based in Inner London, the business is a well-loved neighbourhood café and delicatessen, serving a range of artisan and specialty products. The main revenue drivers are the espresso coffee, served behind the counter, and the retail coffee, served on the shop floor. The business also serves an assortment of foods, such as salads, pies, lasagnas, scoopable ice-cream, cakes and pastries, alongside smoothies and juices. On the shop floor, the café has a seating area, as well as a retail area where a range of items are sold, including crisps, drinks, snacks, meat, cheese, and wine. The business has also been launched on Deliveroo since November 2023.
The business, under its current ownership since 2021, has cultivated an impressive reputation in the local eatery and café market, with an average 4.5 rating on Google. It has distinguished itself from competitors on the strength of its unique high-quality product range and its Allpress branded coffee, for which people are willing to pay a premium price. Moreover, the business’ wide range of products and services ensures a number of revenue streams.
Indeed, the business has a number of gains to offer the prospective purchaser, including:
- A prime trading location, based on a main thoroughfare in a wealthy area of Inner London;
- A history of excellent profitability, with an adjusted EBITDA of £109,349 in 2022;
- An established reputation in the local coffee and eatery market,
- A number of bankable USPs, including a diverse and unique artisan product range and Allpress branded coffee;
- Assets to be included in sale;
- Scope for growth, e.g. by launching on Uber Eats and by introducing breakfast, milkshake and brunch options, etc.
Highlights –
- A cosy neighbourhood café and delicatessen, serving a range of artisan and specialty products;
- A prime trading location, based on a main thoroughfare in a wealthy area of London;
- An enviable reputation, with a 4.5 Google rating;
- A number of bankable USPs;
- Assets to be included in sale;
- Scope for growth.
Opportunities –
- The business has plans to offer an online purchase and delivery service via Uber Eats and Deliveroo;
- There remains scope to expand the business’ product range and menu.
The shareholder wishes to leave the business, however is happy to facilitate a handover, subject to discussion.
Location
Located in Inner London.
Premises
Trading from a rented premises.
Tenure
Leasehold basis.
Hours
Due to the nature of the business, it operates all year round.
Staff
The business is ran by an experience team of staff
Financial Profile
- 2023 turnover IRO £385,000
- The seller has advised the predicted turnover for 2024 will be IRO £456,000
- 100% share capital
- Interested parties will be required to sign an NDA
Is this business relocatable:
Is stock included:
Listed By:
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