Attractive Coastal Cafe Coffee Shop. Lee On The Solent

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Status
FOR SALE
Advert ID
199082

Details

Situated in the small coastal town of Lee-on-the-Solent close to Fareham and Gosport, this attractive Café/Coffee Shop has been run by the current owners since October 2015. Following an extensive refurbishment, Caffe Lee is a light, airy licensed coffee shop and café serving a wide selection of breakfasts, lunches, sandwiches and homemade cakes, along with quality coffees, teas and other beverages. Internal seating for 39 is combined with an additional 8 outside, provided by a stylish mix of solid oak tables/chairs, padded bucket chairs and a sofa. The window frontage opens fully to create a continental atmosphere in the warmer weather.

There is a fully equipped kitchen including a range of appliances including range cooker, griddle, fryer, microwaves, hot plate, panini maker, saladette and various fridges/freezers. The front of house counter area has further fridges along with a three group head Italian espresso machine. An Epos till system provides efficient ordering to the kitchen and also a range of reports to monitor sales and staff activity.

The premises also have a small office and 2 WCs, one equipped with baby-change facilities. A CCTV system is installed and there is a wireless Sonos music system for ambient music.

The first full year turnover was £126k ex-VAT, with a healthy increase seen to date for the second year. Opening is generally daytime (9:30-16:30, adjusted seasonally) seven days per week, but a limited number of evening events, along with extended opening during summer weekends are included in the quoted turnover. Making these additional opening times more regular would provide a significant extra boost to the turnover. More extensive evening opening especially would tend to increase alcohol sales, which are not a high proportion of the daytime turnover.

Having relished the challenges of setting up and establishing the business, the current owner is now looking to move onto other challenges.

Please contact the seller for further details.
Listing Details
Leasehold Price: £97,500
Tenure: Leasehold
Sector: Cafes, Tea Rooms, Catering Businesses
Financials
Annual Turnover: £126,000
Key Features
  • Adjacent to Multiple Retailers
  • Accounts Available
  • Attractive Business
  • Established Business
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