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Cafe Group with 3 Bustling Branches in Home Counties, Tring Hertfordshire for Sale

Undisclosed, Hertfordshire
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Cafe group for sale featuring 3 bustling branches in the Home Counties Photo 1
Cafe group for sale featuring 3 bustling branches in the Home Counties Photo 2
Cafe group for sale featuring 3 bustling branches in the Home Counties Photo 3
Cafe group for sale featuring 3 bustling branches in the Home Counties Photo 4
Cafe group for sale featuring 3 bustling branches in the Home Counties Photo 5
Cafe group for sale featuring 3 bustling branches in the Home Counties Photo 6
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Cafe group for sale featuring 3 bustling branches in the Home Counties Photo 8
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Cafe group for sale featuring 3 bustling branches in the Home CountiesCafe group for sale featuring 3 bustling branches in the Home CountiesCafe group for sale featuring 3 bustling branches in the Home CountiesCafe group for sale featuring 3 bustling branches in the Home CountiesCafe group for sale featuring 3 bustling branches in the Home CountiesCafe group for sale featuring 3 bustling branches in the Home CountiesCafe group for sale featuring 3 bustling branches in the Home CountiesCafe group for sale featuring 3 bustling branches in the Home Counties
  • Status

    FOR SALE

  • Date Submitted:

    07/05/23

  • Advert ID

    512845

  • Leasehold: Price on Application (Stock at valuation)
  • Turnover: £1,600,000 (£30,769 Per week)
  • Net Profit: £130,000 (9% Profit margin)

Key Features

  • Close to Local Amenities
  • Established Business
  • Central Position in Affluent Village
  • Split Level Trading Area
  • Attractive Business
  • High Turnover
  • Prime Location
  • Accounts Available
  • Town Centre location
  • Company for Sale

Business Details

Cafe group for sale featuring 3 bustling branches in the Home Counties

Looking for an exciting opportunity in the hospitality business? Look no further than this independently owned cafe group for sale, featuring three bustling branches with a strong brand identity. With a lively city-style atmosphere, this cafe group is well known for its excellent coffee, all-day breakfast and brunch, cake laden counters and renowned afternoon tea menus, all served in stylish and eclectic interiors that serve customers from locations in affluent market towns in the home counties. With a very strong social media presence, the cafes have become destinations in their own right, attracting customers from far and wide.

But the potential doesn't stop there. With opportunities to expand to more locations and extend the offerings into evenings (alcohol licenses are already in place at all 3 sites), there's plenty of room for growth and increased profitability.

Currently, the two longest established branches have a joint net turnover in excess of £1.3M with net profits exceeding £130,000. A third branch opened in 2022 that will increase net ann. revenue in FY 23/24 to around £1.8m based on current trading. The business is running profitably, supported by a central management facility that may be included in a sale.

The branches have long leases and are fully equipped with hot kitchens and hobs, extraction, ovens, refrigeration, coffee machines and grinders. Additionally, the offering includes a dark kitchen that produces the baked goods is based centrally to the café sites, containing ovens, refrigeration, and mixers for baking on a commercial scale. The business is offered for sale inclusive of the equipment and associated lease arrangements in place on equipment.

The current owners with to pursue other opportunities and are looking for interested parties to take over this successful and profitable cafe group. A well-established management structure is in place to allow the operation to run seamlessly under new ownership.

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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.

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