Elliott's, Highly-Rated Community Coffee Shop in Chiddingfold, Godalming Surrey, Up for Sale
Godalming, Surrey
- Status
UNDER OFFER
- Date Submitted:
06/03/24
- Advert ID
607865
- Reference
B07880 / Rightbiz
- Call Agent:
- Leasehold: £139,995
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Highly Rated Coffee Shop In Chiddingfold For Sale
BusinessPlease quote reference B07880
CoGoGo welcomes to the market Elliott's Coffee Shop, a highly rated Coffee Shop in Chiddingfold, Surrey.
The business has built up an excellent reputation and regular client base within the local community and beyond.
The business was established by our client in 2020, and has now come to the open market due to personal circumstances.
Business activities -
- Amazing hot and cold drinks
- Sweet & savoury Pastries
- Freshly made Sandwiches, Toasties,
- Fantastic Cakes, Crumble Slices, Cookies & Pastries
- Seasonal specials
- Gift cards
- Community driven - support local charity organisations with events/donations i.e. local fete, primary school, village nursery and a local charity.
- Sales – advised 60% from sit in customers and 40% from takeaway
- Highly desirable location
- Low rental terms with zero business rates paid
- Community driven
- Excellent reputation for freshness & quality menu
- Hot & cold food offered
- Exquisite interior – turnkey opportunity
- Excellent reviews – Google 4.8/5, TripAdvisor 4.8/5
- Website, Facebook (with 808 followers), Instagram (1,598 followers)
- Potential to increase both turnover & profit
- Truly unique ‘lifestyle’ changing business opportunity
- Extend current opening hours
- Add an evening bistro menu
- Offer outside catering
- Increase the number of community driven events (both daytime and evening)
- Attend more external events/festivals
Location
Elliott's Coffee Shop is located on The Green, in the heart of Chiddingfold, Surrey.
The business has eye catching signage and receives high levels of footfall and passing trade.
Premises
Occupies a highly desirable location.
Ground floor -
- Contemporary yet comfortable customer space for 20-22
- Small space with shelving
- Toilet facilities
- Storeroom
- Pavement area overlooking the Green which allows for a further 10-14 customers
Tenure
We are advised that the business is being sold on a Leasehold basis, with the current lease due to expire in June 2025. The rent is £10,000 per annum.
A new lease is to be negotiated with a buyer.
Hours
The current trading hours are -
Monday to Saturday - 8:30am to 4:00pm
Sunday - 9:30am to 3:00pm
Staff
We are advised that the business has 6 casual contracted members of staff 1 PAYE contract.
Financial Profile
We are advised that between January and June 2023, the business generated a turnover in the region of £130,000. Full financial information can be made available upon further request
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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