Highly Popular Cake Shop & Café in London

London
REF: INT1993

Asking Price:
£60,000
Annual Turnover:
£160,000
Annual Net Profit:
TBC
Under Offer
REF: INT1993
Photo of Highly Popular Cake Shop & Café in London
Photo of Highly Popular Cake Shop & Café in London
Photo of Highly Popular Cake Shop & Café in London
Photo of Highly Popular Cake Shop & Café in London

Overview

Tenure:
Leasehold
Established:
2011
  • Excellent Reputation
  • Huge Growth Potential
  • Low Overheads
  • Well Equipped Business
  • Equipment Included

This is a fantastic opportunity to acquire a highly popular cake shop and café, which has an ideal location in East Dulwich, South East London. This shop creates cakes and sweet treats, that are perfect for all occasions.

In 2011, the owners first started out by baking cakes in their kitchen, slowly building up a customer base and selling at local markets. As their cakes continued to gain popularity, the owners decided to open a retail premise and coffee shop in May 2018. The customer base has now grown significantly and continues to expand, thanks to the shop’s renowned reputation and the cafe's relaxing atmosphere and delicious cakes. The clientele mainly comprises locals and regulars, as well as attracting a large volume of trade through their popular social media channels.

The business has two brilliant revenue streams, through the bakery and the coffee shop. The café offers a window into the cakery world, welcoming customers into a space where they can sample the delicious baked goods and also watch the baking process in action. Customers can opt to eat inside or outside, as the café has a heated external seating area.

This popular cake shop bakes a wide selection of sweet treats, ideal for a variety of occasions, catering to birthdays, weddings, christenings, and corporate events. Alongside this, they also sell weekend treat boxes, which have proved highly popular. The cake shop offers an extensive range of decorations, flavours, and fillings, ensuring customers have a brilliant choice, when it comes to designing cakes. All the sweet treats are also avaialble for customers in the café.

The cake shop is run from a well-equipped kitchen on the premises, with the two owners making the cakes, with the help of two additional staff members, one who assists in the bakery and the other who helps in the café.

This thriving business has amassed over 250 five-star reviews across Google, Facebook, and Restaurant Guru, with high praise based on the creation, design, and flavours of the cakes. The company’s wedding cakes are particularly well received, due to their variety of designs and delicious flavours.

This business is ideally located in a residential area of East Dulwich. The ideal location benefits from a large volume of passing footfall, ensuring plenty of custom.

This café and cake shop is situated in a corner unit, leasing only the ground floor. Everything is in one room, making the café and cake shop open plan, meaning customers can watch the cakes being prepared. Here, there is space for four customers, whilst the pergola seats 10. There is a removable Perspex window that is suitable for the summer months, as well as space for 16 extra covers under the awning (if the weather permits). The counter in the bakery is removable, if the new owner wanted to focus more on the café side of the business. The property has zero business rates until April 2023.

Although there is competition for cafés in the area, there are very few competitors for baking cakes.

This excellent business comes fully equipped with all equipment included. The property also comes with CCTV installed.

This would be the perfect opportunity for someone in the food and catering sector, who is looking to acquire a well-established business.

There is huge potential for growth, as the new owner could take a more proactive approach to working with wholesale customers, such as restaurants, hotels, and cafés.

Secondly, there is massive scope for growth though the online side of the business. Throughout the pandemic, the company offered nationwide deliveries and have since opted to scale back. So, there is excellent scope to begin offering this service again.

Finally, there is great scope to grow the revenue of the café, by extending opening hours.

The business already uses a range of social media platforms and has an easy-to-use website, but it would be great to continue posting consistent content.

The current owners are happy to offer an initial transitional period.

Features

Key Information

  • Delivery Services: In-house
  • Hygiene Rating: 5

Reputation

  • Google: 4.9
  • TripAdvisor: Very Good

Online Presence

  • Facebook: Yes
  • Twitter: Yes
  • Instagram: Yes

Website: www.southeastcakery.com

Location

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  • Residential Location
  • High Street Location
  • Nearby Car Parking
  • Limited Competition

Property

Annual Rent
£18,000
Annual Rates
TBC
Lease Term (Years)
12
Lease Expiry (Year)
2030
Accommodation Included
No
EPC Rating
TBC

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

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