Fashionable Coffee Lounge in Leicester

Leicester, Leicestershire
REF: 03488

Asking Price:
£69,999
Annual Turnover:
£100,000
Annual Net Profit:
TBC
Reduced
Recently Sold
REF: 03488
Photo of Fashionable Coffee Lounge in Leicester
Photo of Fashionable Coffee Lounge in Leicester
Photo of Fashionable Coffee Lounge in Leicester
Photo of Fashionable Coffee Lounge in Leicester

Overview

Tenure:
Leasehold
Established:
2015
  • Excellent Reputation
  • Very Loyal Customer Base
  • Low Overheads

This stylish coffee shop has been renovated to a high standard. In the short time it has been trading it has already achieved an impressive turnover and excellent reputation thanks to its quality service, excellent food and drink and fashionable premises.

Thanks to the smart property, there is potential to convert to a bistro, tapas, wine bar or restaurant, offering lots of flexibility to the prospective buyer.

There is huge opportunity for growth and development of the business and this coffee lounge offers the potential to be a very profitable prospect under the right management.

This business is a stylish, popular coffee lounge with space for around 30 covers. They have a service counter with fridges displaying their food. The premises are very clean, with high quality furniture and a number of different seating areas including settees. They sell high quality, deli like snacks and beverages plus a range of quality coffees.

They have a great reputation for excellent food and drink as well as for quality service and competitive prices. The business enjoys great reviews on online review sites.

They enjoy both passing trade (thanks to their strategic, high footfall location) and loyal regulars. They are open from 9am through to the evening, finishing late on Fridays and Saturdays.

Because of their good local reputation, they do little local advertising, relying on word of mouth for most new custom, as well as their professional website. They also have a fantastic social media presence, which they use to attract new customers, they also great ratings on trip adviser and google.

Intelligent Business Transfer is delighted to be able to offer for sale this beautifully renovated, very stylish coffee house based in Leicester.

The business has a good reputation, minimal overheads and a loyal customer base and has already developed an impressive turnover. They enjoy a good reputation for quality food and drink at affordable prices with an excellent service.

There is plenty of scope for further development. A new owner may consider longer opening hours, including opening later into the evenings. The menu could be expanded to be a little more extensive. The high quality premises lends itself to potential development into a wine bar, restaurant, tapas bar or bistro, so there is plenty of flexibility for the prospective buyer.

Currently advertising is mostly done by word of mouth only. The business already has a very professional looking website, and there is huge potential to market this with online advertising directing more traffic to the site. There is also lots of scope for other forms of advertising, such as radio, banners or leaflet distribution throughout the town.

This is an excellent opportunity for anyone looking to purchase a catering enterprise, and the business may appeal to an entrepreneur looking to take over a ready-to-walk-into business with massive potential for development.

Features

Online Presence

Website: www.roomiv.co.uk

Location

Property

Annual Rent
TBC
Annual Rates
TBC
Lease Term (Years)
TBC
Lease Expiry (Years)
TBC
Accommodation Included
TBC
EPC Rating
D 76-100

Financial & More

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