| (REF: 2378) Charming Leasehold Tea Rooms in Dorset |
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| Seller Reference: |
2378 |
| B4S Reference: |
30499 |
| Asking Price: |
£66,000
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| Net Profit: |
£3,526 |
| Sales Revenue: |
£37,752 |
| Number of Staff: |
2 |
| Established For: |
3 Years 0 Months |
| Ownership: |
Leasehold |
| Location: |
Poole, Dorset, United Kingdom |
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The particular highlights of the business are:
- A well established business.
- Good loyal clientele.
- Fully equipped business with favourable lease terms (see below).
- Turnover in excess of £35,000 pa with a net profit of £3,526 (see financial summary below).
- A business with great potential which has not been exploited because the current owner has other working commitments.
- An easily run operation.
- Good loyal well trained staff.
- A good first time buyers business and ideal purchase for a husband and wife team.
- Low rent and rates.
- Very low overheads.
- A niche concern with no competition.
- Business enjoys superb local reputation
- The concern provides teas and coffees, with an excellent range of homemade and deli style dishes and cakes. The business also sells an exclusive range of cast iron tea pots from China
History
Phoenix Business Transfer Agents are delighted to place onto the market this Leasehold Tea Rooms in Dorset which has been established since 2008. The business has been in the hands of the current owner since 2008 and she now wishes to sell due to other working commitments.
Services
This very good business opportunity provides teas and coffees, with an excellent range of homemade and deli style dishes and cakes. The business also sells an exclusive range of metal tea pots from China.
Staffing
The concern employs 4 or 5 part-time staff, usually with 2 or 3 working during any one day. Often only 1 person very early and late in the day
Owners Role
The owner is involved in the day to day running of the business.
Marketing
The owner markets the business via the internet and has a website, business cards and word of mouth.
Competition
There is no local competition.
Market
The client base consists of local residents, retail and office workers, shoppers and tourists.
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.
• Becoming more efficient with staffing levels.
• Working more hands on hours and saving on wages.
• With an enhanced website.
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.
The present annual turnover is £37,752with a net profit of £3,526.The present value of the stock is £2,000.
The potential turnover of the business within the next 2 years is forecast to reach £70,000 pa 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.
Please note Phoenix do not guarantee the accuracy of these figures which are in many cases estimated and are not verified. Please do not rely on the accuracy of these figures and seek professional help before making any offers. Phoenix will not be held liable for any inaccuracies in these figures or any other statements contained in relation to this business.
Disclaimer
These details do not constitute part of an offer or contract.
The statements and descriptions given are made without warranties by Phoenix Business Agents Limited who it should be noted have NOT verified the information provided.
Purchasers should in all cases undertake financial due diligence using their own professional advisors before committing themselves in contract rather than relying on illustrations ,figures and information given on behalf of the seller.
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Property: |
Leasehold |
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Lease Terms: |
The original length of the lease was 15 years with 12 years remaining. The rent is £5,000 pa with a review in 2023. The lease may be renewable or negotiable for longer term if required. The rates are currently free of charge.
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Current Rent: |
5000pa |
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Living Accommodation: |
No |
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Location: |
- Situated in the town centre and close the quay side are of Poole in Dorset.
- Prominent location on main arterial road.
- Part of a parade of shops.
- Excellent parking facilities nearby.
- Industrial estates nearby.
- Surrounded by a densely populated residential area with schools and other local amenities.
- High levels of passing trade.
- Good volumes of traffic and pedestrian flow.
- Commercially thriving area.
- Well linked with the A350, A35 and A31.
- Poole Harbor, Bournemouth, Christchurch, Sandbanks and Wimborne all lie close by.
- Area enjoying much growth and regeneration.
- A lifestyle area.
- Excellent local demographics for this type of area.
- Affluent area.
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There is no local competition. |
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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.
• Becoming more efficient with staffing levels.
• Working more hands on hours and saving on wages.
• With an enhanced website.
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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. |
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she now wishes to sell due to other working commitments.
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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(Winter open hours) Monday to Saturday: 11.00am – 4.00pm
Sunday: Closed
(Summer open hours) Monday to Sunday: 11.00am – 5.00pm
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The concern employs 2 part-time staff. |
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