Gredsdely's Reputable Cafe in Kettering Northamptonshire Up for Sale
Kettering, Northamptonshire
- Status
UNDER OFFER
- Date Submitted:
23/04/24
- Advert ID
610200
- Reference
B07014 / Rightbiz
- Call Agent:
- Leasehold: £40,000
- Turnover: £140,000 (£2,692 Per week)
- Net Profit: £20,000 (15% Profit margin)
Business Details
Reputable Cafe For Sale
BusinessPlease quote reference B07014
CoGoGo is delighted to present to the market Gredsdely’s, an extremely well presented coffee shop business located within the heart of bustling Kettering.
The ‘turn’-key’ operation was opened by our clients in early 2021 who due to travelling distance from their family home are now looking to transfer the popular business.
Before opening the business, our client invested in the region of £50,000 in transforming the unit into the bright, contemporary unit you can see in the photographs attached.
The double fronted unit is very spacious with 36 internal (could be increased) and 8 outside covers.
The unit is disability friendly with excellent toilet facilities for all visitors.
Gredsdely’s is a modern coffee shop business serving
- Excellent barista coffees, teas
- Sumptuous hot chocolates
- Iced coffees
- Large selection of cold drinks, milkshakes & juices
- Freshly cooked traditional breakfasts & breakfast rolls
- Sandwiches, toasties & savoury pockets
- Sausage rolls, savoury slices & turnovers (including vegan & gluten free options)
- Cakes & desserts
We are advised currently the sales are split 90% walk in and 10% deliveries.
Key selling points
- Desirable town centre location
- Lots of opportunity for further growth
- Excellent customer feedback
- Just Eat - 5.8/6 review score
- Google - 4.7/5 review score
- Facebook - 5 star review score
- Handover period offered
Further growth opportunity
- Increase the current menu
- Add related retail items
- Increase social media advertising
- Add a new business website
- Extend the opening hours
- Apply for alcohol licence
- Add evening bistro menu
Location
Gredsdely's Temptations Coffee Shop occupies one of Kettering’s most sought after trading positions facing the main entrance to the Newlands Shopping Centre.
The double fronted shop unit located on Gold Street is surrounded by major footfall drivers such as Vodafone, EE, HS Samuels, Boots & TUI as well several successful independent retailers, estate agents.
Newlands Shopping Centre is Kettering’s main shopping arcade with an excellent array of High Street favourites, specialist shops, cafes and discount stores.
Kettering is a vibrant market and industrial town in North Northamptonshire, located 83 north of London and just 15 miles north-east of Northampton.
The business benefits from a large free customer car park directly facing.
Nearest mainline station is approx 10 minutes’ walk away.
Premises
The business is comprised of the following:
Ground floor
- Customer sitting area (38 covers)
- Open place service area
- Customer toilet facilities
- Rear preparation area
- Storeroom
- Staff changing facilities
Tenure
We are advised the business is being sold on a Leasehold basis with rolling Lease currently in place, the rent is £2,500 per month.
Hours
The business trading hours are:
Monday to Saturday - 09:00am - 17:00pm
Sunday - 10:00am - 16:00pm
Staff
The business is run and managed by 1 full time and 3 part time staff members.
Financial Profile
We are advised the business generated a turnover of circa £140,000 as of 2021/22, further financial information can be made available upon request.
Please quote reference B07014
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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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