Cafe in Southampton

Southampton, Hampshire
REF: R07583

Asking Price:
£31,000
Annual Turnover:
£63,015
Annual Net Profit:
£12,396
REF: R07583

Overview

Tenure:
Leasehold
Established:
2010
  • Excellent reputation
  • Loyal customer base
  • Low overheads
  • Prime position
  • Huge growth opportunity

Operating for over 38 years and under current ownership since 2010, this traditional English café has been serving a range of favourite full English breakfasts, even offering a food challenge to draw in customers.

 

The café benefits from a loyal customer base and ideal position within a developing residential area, which have contributed to its strong financial profile year on year.

 

A new owner could easily transition into this business and continue trading effectively.

The café itself is situated on a busy high street and is surrounded by new build flats, as well as those currently under construction. The cafe can accommodate up to 20 covers, with a spacious dining area with tables and chairs to the front and a fully-equipped kitchen and toilet to the rear.

 

The café is complete with a new extraction system, 3 fryers, a griddle, fridge, drinks fridge and hotplate, as well as a website, all of which are included in the sale.

A perfect acquisition for an owner-operator of a café looking to grow their portfolio, or a first-time buyer looking for a strong local business which benefits from an influx of regular custom, a new owner could grow the business as they see fit.

Extending the opening hours into the evening/afternoon and expanding its menu to include more lunch/dinner options would easily attract customers back during these times. Offering a delivery and takeaway service would also help increase takings.

The current owner is happy to stay on for a transitional period to hand the business over smoothly.

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  • Nearby car parking
  • Residential area
  • High footfall
  • Close to local businesses
Rent
£4,200
Rates
TBC
Lease Term
1-
Lease Expiry
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Square Footage
TBC
Accommodation Included
TBC
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
TBC

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