Takeaways (Other) for sale in Hertford

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Well Established Milkshake Bar Business

Hertford, Hertfordshire, England

  • Leasehold Price: £29,500  Price Reduced arrow_drop_down
  • Turnover: £90,204
  • Gross Profit: £67,409
Seller Reference: B05915
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Business Description
 
 
 
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Seller Reference: B05915
Request Details
Business Description
Business
Please quote reference B05915

*** Staff unaware ***

Hilton Smythe welcomes to the market Shaken Cow Hertford, which is being sold as a franchise.

The business is a milkshake bar located in the affluent market town of Hertford, an area that is notoriously hard to obtain retail premises, due to its popularity.

The opportunity has arisen to purchase as a franchise, therefore keeping the existing business model. This opportunity would benefit from an owner/manager to run the business.

Shaken Cow Hertford has a menu of milk shakes, smoothies, hot drinks, and sundaes. Since establishment, the business has generated a huge online presence, with a delivery service through Deliveroo.

The 5-star review status includes comments stating ‘Loved the Oreo Shake. Massive menu took so long to decide what to order. Service good and quick. Will be back’ and ‘The milkshakes are amazing, and I like the choice. I go there often with friends’

Our client is offering a hand over period to ensure the continued success of the business.

We feel the business would highly benefit from pushing a consistent delivery service, utilising social media and modern marketing campaigns.

Hilton Smythe highly advise early viewing to avoid disappointment. Viewings and discussions are strictly by appointment only.

Location
The Shaken Cow is in the affluent town of Hertford, within a double fronted premise on Maidenhead Street. The business is located in a high footfall area, along with many other shops. There are several car parks close by.

Hertford, the county town of Hertfordshire. Hertford, which is located just off the main A10 has a population of circa 26,000 as of the 2011 census.

Premises
The double fronted premises.

The main area has seating across tables and a breakfast bar to the front of the premises, all giving seating for around 8 customers.

Assets included in the sale comprise of;


  • 2 x Blendtec shake blenders

  • Coffee machine

  • Waffle machine

  • Under counter fridge

  • 2 under counter freezers

  • 2 x chest freezers

  • Plenty of storage shelving

  • CCTV

  • Fire alarm

  • 3 chest freezers

  • Handwash sink

  • Commercial wash area with power spray

  • Commercial microwave

  • Water heater



Tenure
Leasehold with a new 3-year lease and an annual rent of £14,000.

Rates Exempt.

Hours
The business opening hours:

Monday - Friday: 10.30am – 5.30pm

Saturday: 10.30am – 5.30pm

Sunday: 11am – 4pm

Staff
The business is run and managed by staff members. This business would suit an owner operator to increase the Net profit margin.

Financial Profile
Shaken Cow Hertford generated a turnover of £90,204 as of the 2019 accounts, with a gross profit of £67,407.

The business was opened with a full refurbishment only a few years ago and all assets being included in the sale.

The average stock value is in the region of £2,000.

Please quote reference B05915

Tenure:
Leasehold
Listed by:
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