Coffee Shop & Fresh Food Café Croydon

Croydon, London
Leasehold Price:
£73,950
Find more details, or book a viewing:
Status
FOR SALE
Advert ID
201981
Reference
14192-C J / Rightbiz

Details

BUSINESS
Hilton Smythe are delighted to offer to the market a contemporary and thriving coffee shop and fresh food cafe. Established by our client in March 2017 and now offered for sale due to family commitments.

The centrally positioned business offers organic locally sourced coffee, teas made with milk, unsweetened almond, oat milk or soya. A large selection of pressed juices, iced coffees, smoothies and waters.

The menu includes vegetarian, gluten free and vegan options.

Breakfast options include local pastries, fruit and granola combinations, smoothies with brunch/lunch options of topped sour dough toast, toasted sandwiches, salads, daily specials and cakes.

The newly formed business with massive growth from opening of £5,000 per month to £10,000 in only 6 months. The exciting menu offers options not available in other similar cafe units. The loyal customer base is an enviable mixture of local office workers during the week and local residents on Saturdays. Our client does not open Sundays which would be highly appreciated in this bustling town.

Our client informs us 60% of trade is takeaway orders and 40% sit down customers with a busy coffee period in the morning and busy lunchtime trade between 12 and 2. The iced coffee range is extremely popular in the summer months.

A full handover period can be offered to the purchaser if required.


LOCATION
Croydon based coffee shop and fresh food café situated on a busy high street with lots of retail shopping, large office units, council offices, branded restaurants, NHS services offices and new apartments.

PREMISES & EQUIPMENT
Newly refurbished unit arranged over 2 floors with new electrics and equipment.

Ground floor - 7 seating covers using light wood contemporary furniture and wide window seat made of old wood, fixed wood counter with glass cake stands, card machine, drinks blender, 2 x arm coffee machine and grinder, panini grill, under counter fridge, under counter freezer, open drinks chiller, wall mounted menu board and till.

Lower ground - 12 covers selection of wooden tables, integrated wall seating with cushions, retro sofa and chairs with coffee tables and lower window plant stand feature.

Customer toilet.

TENURE
The business is being sold as a Leasehold opportunity.

12 year original lease.
Just over 10 years remain as of Oct 2017.
Rent £17,000 per annum.

Receives rates relief.

HOURS
Monday to Friday: 7.30am – 5pm
Saturday: 9am – 3pm

STAFF
Currently run by the owner full time, with the help of 1 full time and 2 part time members of staff.

FINANCIAL PROFILE
Estimated first year trading turnover in the region of £110,000 with a gross profit of 65%.

BUSINESS

Hilton Smythe are delighted to offer to the market a contemporary and thriving coffee shop and fresh food cafe. Established by our client in March 2017 and now offered for sale due to family commitments.

The centrally positioned business offers organic locally sourced coffee, teas made with milk, unsweetened almond, oat milk or soya. A large selection of pressed juices, iced coffees, smoothies and waters.

The menu includes vegetarian, gluten free and vegan options.

Breakfast options include local pastries, fruit and granola combinations, smoothies with brunch/lunch options of topped sour dough toast, toasted sandwiches, salads, daily specials and cakes.

The newly formed business with massive growth from opening of £5,000 per month to £10,000 in only 6 months. The exciting menu offers options not available in other similar cafe units. The loyal customer base is an enviable mixture of local office workers during the week and local residents on Saturdays. Our client does not open Sundays which would be highly appreciated in this bustling town.

Our client informs us 60% of trade is takeaway orders and 40% sit down customers with a busy coffee period in the morning and busy lunchtime trade between 12 and 2. The iced coffee range is extremely popular in the summer months.

A full handover period can be offered to the purchaser if required.

LOCATION

Croydon based coffee shop and fresh food café situated on a busy high street with lots of retail shopping, large office units, council offices, branded restaurants, NHS services offices and new apartments.

TENURE

The business is being sold as a Leasehold opportunity.

12 year original lease.
Just over 10 years remain as of Oct 2017.
Rent £17,000 per annum.

Receives rates relief.

HOURS

Monday to Friday: 7.30am – 5pm
Saturday: 9am – 3pm

STAFF

Currently run by the owner full time, with the help of 1 full time and 2 part time members of staff.

FINANCIAL PROFILE

Estimated first year trading turnover in the region of £110,000 with a gross profit of 65%.



£73,950
Listing Details
Leasehold Price: £73,950
Tenure: Leasehold
Location: Croydon, London
Sector: Cafes, Tea Rooms, Bistros
Financials
Annual Turnover: £110,000
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