Tea Rooms for sale in Ripon

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Y. MacGregor (Nov 2017)
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Leasehold Price: £35,000 Price Reduced Annual Turnover: £80,000
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Business Description
This delightful tea room is reluctantly offered for sale as the current owners need to relocate from the area due to family reasons. The premises has been an established cafe for over 15 years and has been in careful hands of the current owners since 2016. They offer a traditional and popular menu including breakfast, sandwiches, jackets, omelettes, cakes, scones and afternoon tea together with a selection of hot & cold beverages. All food is prepared fresh on the premises with good quality ingredients (locally sourced where possible).

The tea room has a large attractive glass frontage, seating area for 34 covers which has been recently decorated, 2 customer toilets and spacious handwash facilities, a front counter with cake display, drink preparation area, galley kitchen and back room/pot wash area. The current owners have continually invested in new catering equipment which is a huge plus for any purchaser as additional funds should not need spending for some time.

The business has a 5 star food hygiene rating.

Currently trading at £80,000 with a GP of 76%. Accounts will be provided on request to genuine purchasers after a formal viewing

Stock - approx £700

TRADING HOURS
Monday 10 - 4
Tuesday closed
Wednesday closed
Thursday 10 - 4
Friday 10 - 4
Saturday 10 - 4
Sunday 10:30 - 3
The cafe is currently operated over relatively short hours. The current owners close the business when they are away on holiday. There is great potential to easily increase turnover by trading 6 or 7 days, especially over the busy summer months, or by trading for slightly longer days.

LEASE
The current lease has 2 years remaining. The buyer has the option to takeover the existing lease or to sign a new lease with the landlord should they wish. Rent £840 per month.

STAFF
The business is operated by the owners who both work in the tearoom full time. They are supported by 2 part time members of staff.

BUSINESS RATES
There are no business rates to pay.
Number of Employees: 1-5

Tenure: Leasehold

Location Details:
Excellent trading position near busy market square and cathedral. Frequent bus links into Harrogate and Leeds.

Find out more about this business opportunity.

 
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PAX01114902342
Seller Reference:
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