This is a rare opportunity to acquire a fashionable catering business based in Hull, East Yorkshire. The business is available on a leasehold basis.
The business is a unique concept that has been successfully operating in its current format since January 2023. The business primarily operates as a health and smoothie bar/cafe bringing delicious, healthy fresh juices, smoothies, smoothie bowls, and snacks to the people of Hull. They serve a range of healthy, food and beverages to their customer base on a dine in and takeout basis from their premises in the beautiful Paragon Arcade in the city centre. From September, the whole arcade will be holding a monthly after-hours event where all the food and drinks businesses will be open and there will be live music performances. The business will also be advertising in university hand-outs from September, promoting a small student discount which is likely to raise revenue even further
The business has only been established since the start of 2023 but has experienced substantial growth on a monthly basis since they began trading. They have built up an excellent reputation in their local community and are considered a household name in the city. They can also boast a loyal customer base which has resulted in a vast amount of repeat and recommended business which has led to impressive financial figures over a short period of time.
The premises has been renovated to an exceptionally high standard throughout as the current owner has skilfully combined the character features of the building with modern fixtures and fittings to create a vibrant, homely feel. The walls are adorned with colourful wall art and café has a general vibe that is very on-trend but still sophisticated, even down to the smallest details The business is located in one of the most sought-after areas of the city and can boast (approx.) 20 covers. The premises consists of three floors : The ground floor has a serving counter and seating for 20 people, the first floor of the premises is currently being renovated to be used as a meeting hire/function room due to popular demand by local businesses, which will create an additional revenue stream, and the second floor is currently used for storage but has plans for renovating into a kitchen (to expand the menu) and a storage/staff area.
• High footfall and passing trade
• Prominent location in the city centre
• Loyal customer base
• High-quality premises renovated to a high standard.
• Large premises – Set over 3 floors
• 20 covers (approx.)
• All fixtures and fittings included
• Excellent relationships with suppliers
• Minimal Overheads (Competitive Lease)
• Minimal Competition
• Excellent transport links
• High Turnover – £2,000 – £2,500 weekly (approx.)
• Huge Potential for further growth and success.
• Parking nearby
It is with a heavy heart that the current vendor is selling due to relocating to another country. Due to the location, huge growth potential, and impressive financial performance of the business, we strongly advise a viewing to avoid disappointment. This business represents an excellent opportunity for an entrepreneur looking an established business within the catering sector or an existing business looking for a lucrative acquisition.
This business has experienced a substantial amount of interest at an initial stage, so to avoid disappointment, please contact us for further information.