| (REF: 1469) Unique Cafe And Cake Business For Sale London |
| |
| Seller Reference: |
1469 |
| B4S Reference: |
15296 |
| Asking Price: |
£49,950
|
| Net Profit: |
|
| Sales Revenue: |
£140,000 |
| Number of Staff: |
3 |
| Established For: |
0 Years 6 Months |
| Ownership: |
Leasehold |
| Location: |
London, North West London, United Kingdom |
| |
The particular highlights of the business are:
- A unique business opportunity satisfying a niche market with A3 use.
- Ideally located concern offering excellent lifestyle.
- A well established business.
- Good loyal clientele and client base continues to grow.
- Fully equipped business with favorable lease terms (see below).
- Turnover in excess of £135,000 with a gross profit of 65% based on last 6 months (See financial summary below). This is very impressive considering the credit crunch.
- The Owner is willing to accept 50% deposit and remaining balance paid over 3 year period.
- A business with great potential which has not been exploited because the owners have other business interests.
- An easily run operation which is fully staffed and offers a turn key business.
- Good loyal well trained staff.
- A good first time buyers business.
History
Phoenix Business Transfer Agents are delighted to place onto the market this thriving café and cake shop which has been established since June 2009. The business has been in the hands of the current owners since inception and they now wish to sell due to other business interests.
Services
This very good business opportunity provides a rustic and unique café experience and provides cakes which are baked on site. The products sold are very carefully produced and sourced and the business has been very carefully put together. The atmosphere is almost like walking into a country kitchen with tempting treats all around. There is also a full sandwich bar menu.
Staffing
Three full time staff are employed with total wages of £1100 per week.
Owners Role
The owners’ role is to supervise and overview the business.
Marketing
The owners have relied on word of mouth to build the business and very little marketing has been done, although Queens’s park is a prosperous flourishing area.
Competition
The business is in many was unique and so competition locally is limited.
Market
The client base consists of locals and local businesses parents delivering children to school and families after school and at weekends.
Opportunities
The concern has huge potential. In particular the turnover and profits can be increased by:
- Increasing the marketing activity with direct mailings and local and internet advertising.
- Increasing the opening hours to include evenings as the business has an A3 license.
- Increasing the product line to include an evening menu.
- Becoming more efficient with staffing levels.
- Working more hands on hours and saving on wages.
- With the introduction of a website.
- The business will enjoy natural organic growth simply by word of mouth
Training and Handover
The owner would be available for an extensive training and handover period for the benefit of the new owners if required. The Owner would also be happy for an on the job observation period to assess the business prior to offers being made.
Property Details
The total size of the unit is about 40ft x 40ft. It is open plan and has a very rustic, countryside and wholesome atmosphere. The flooring is wooden and the appearance has been carefully orchestrated. There are many food displays and an open baking area. There is storage to the rear.
Equipment with sale
All fixtures and fittings and equipment are included in the sale price and are valued at £30,000.
Financial Details
The present turnover is £140,000 per annum with a gross profit of 60%. The wages are £850.00 per week. The present value of the stock is £500 and the fixtures fittings and equipment are worth £30,000. The Owner is willing to accept 50% deposit and remaining balance paid over 3 year period.
The potential turnover of the business within the next 2 years is forecast to reach £300,000 given the changes that are required to be made to the business. Full financial disclosure is available on request after viewings and the signing of a confidentiality agreement.
|
| |
Property: |
Leasehold |
| |
| |
Lease Terms: |
The original length of the lease was 15 years with 15 years remaining. |
| |
| |
Current Rent: |
The rent is £15,000 pa with a review in 4 years. The rates are £4,500. |
| |
| |
Living Accommodation: |
No |
| |
| |
Location: |
This very unique and thriving business opportunity is situated within an area of many commercial units in the NW6 area of London. It is a very good spot away from traffic and the bustle of London life and has free parking outside the premises. The property has good access from clients all around the area. The local community is very vibrant and has reacted very positively to the branding and products offered. The area itself offers an excellent lifestyle for those wishing to enjoy London life. |
| |
The business is in many was unique and so competition locally is limited. |
| |
The concern has huge potential. In particular the turnover and profits can be increased by:
- Increasing the marketing activity with direct mailings and local and internet advertising.
- Increasing the opening hours to include evenings as the business has an A3 license.
- Increasing the product line to include an evening menu.
- Becoming more efficient with staffing levels.
- Working more hands on hours and saving on wages.
- With the introduction of a website.
- The business will enjoy natural organic growth simply by word of mouth |
| |
The owner would be available for an extensive training and handover period for the benefit of the new owners if required. The Owner would also be happy for an on the job observation period to assess the business prior to offers being made. |
| |
Is this a home-based business? |
No |
| |
Can this business be relocated? |
No |
| |
Is this business part of a franchise? |
No |
| |
Monday to Friday: 8am to 6pm
Saturday: 9am to 5pm
Sunday: 9am to 5pm |
| |
Three full time staff are employed with total wages of £1100 per week. |
|
|
