Coffee & Cake Boutique London

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Status
FOR SALE
Advert ID
194309
Reference
13745 J / RightBiz

Details

BUSINESS
The Brownie Box Ltd was established by our client in 2012. The owner now looks to sell due to other interests.

⦁Coffee and cake boutique, branded offering.
⦁Old fashioned cake boutique specialising in freshly made brownies and blondies (white chocolate brownie), cupcakes, cakes, muffins as well as Illy coffee.
⦁Currently 75% retail customers and 25% cakes made to order for birthday parties and celebrations.
⦁Favourites are Blondies, Brownies, Ferrero Rocher Brownies and cheesecake, Red Velvet and Carrot cakes.
⦁Potential to expand further
⦁Expanding on current unit
⦁Reducing staffing costs
⦁Adding more savoury choices to the menu

Our client is willing to continue supplying the range of cakes and brownies sold within the shop to the purchaser.


LOCATION
The Brownie Box Ltd is located in London.

⦁In the heart of the vibrant and affluent Earl's Court, Central London.
⦁On very busy Brompton road near to Earl's Court square, Chelsea, Westminster hospital and Brompton cemetery.
⦁2 minutes’ walk to Earl's Court tube station and West Brompton rail station.
⦁Visible position on parade of shops and businesses.
⦁Large number of residential dwellings in one of London’s most prestigious areas to live and work.


PREMISES
Café area:

4 x covers outside on street terrace area
22 x covers inside
Curved glass fronted chilled cabinet for cake display and service
Cimbali 2 arm group arm semi-automatic coffee machine and grinder
Stainless steel cupboard unit

Kitchen:

Blender
Chest freezer
Double upright fridge
Dishwasher
Sinks
Storage shelving
Stainless steel preparation bench
Lincat fan oven
Dough mixers
Microwave
Panini grill
Phase 3 electrics with extra points for further equipment

Staff toilet

TENURE
The business is being sold as a Leasehold opportunity.

Original 5 years.
4 remaining as of 2017.
Rent £40,000 per annum.
Rates £18,000 per annum.

We are advised the landlord will extend the lease for 10 years in 2021.

HOURS
The business operates 7 days a week 7.30am - 8pm.

STAFF
The business is owner run with help from family members who work in the kitchen and a full-time cashier.

FINANCIAL PROFILE
The business has a projected turnover of £240,000 with a gross profit of 75%.

EXTRA NOTES
⦁Business website
⦁Over 1,000 Facebook followers
Listing Details
Leasehold Price: £179,995
Tenure: Leasehold
Sector: Cafes, Tea Rooms
Financials
Annual Turnover: £240,000
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