Fast Growing Tearoom in Dorset County

Sturminster Newton, Dorset
REF: 02635

Asking Price:
£45,000
Annual Turnover:
£78,000
Annual Net Profit:
TBC
Recently Sold
REF: 02635
Photo of Fast Growing Tearoom in Dorset County
Photo of Fast Growing Tearoom in Dorset County
Photo of Fast Growing Tearoom in Dorset County
Photo of Fast Growing Tearoom in Dorset County

Overview

Tenure:
Leasehold
Established:
2014
  • Excellent Reputation
  • Recently Refurbished
  • Huge growth potential

A minster (church) town on the gently flowing river Stour are the namesake for this tearoom and its hometown. Indeed, the business’ unspoiled settings have been a key growth driver, along with the business’ newly refurbished interior, welcoming atmosphere, model service and finger licking fare. The latter includes a wide selection of light meals, desserts and home-made baked goods, coffee and, of course, a celebration of teas. Re-opened just 2 years ago by the current owners, the business has taken off, with 65% gross profit margin, break-even just around the corner and tremendous growth potential. A truly enticing proposition.

Dorset County, the Blackmore Vale, a small town full of charm are the stage for the lovely lime and ham-stone structure that houses this tea room. The surroundings are a picture-perfect complement to the interior, with warmth and pleasant aromas permeating every inch of the premises. From the spacious, welcoming entrance foyer with soft seating and a reception / payment desk, to the 20 cover front tea room adorned with antique style dressers and stripped timber floors to the fireplace heated rear coffee lounge, also 20 covers, to the fully equipped, immaculate kitchen, every aspect of the property proclaims the highest standards. There is also a courtyard that is used extensively throughout the summer months and a small walled garden which can seat upto 20 patrons.

The business’ prime location and pristine premises attract a good percentage of the storefront footfall, many of whom become regulars for the quality of food and service. With that said, the mainstay of the tearoom is its very large and loyal base of customers, for whom, more often than not, the restaurant is a specific destination, a place to visit solely for the tea room experience.

Intelligent Business Transfer have the unique pleasure to present for sale a lovely, very popular tearoom, renowned throughout a wide swath of Dorset County for providing an exceptional customer experience.

Immaculately presented, highly regarded in a large part of the southern reaches of the country, offering tea rooms, a coffee house and a restaurant and set in a stunning Dorset market town. All of these together generate significant word of mouth recommendations, yielding a stable and steadily growing base of customers with an average check of £28. Helping out are top grade reviews on TripAdvisor, a heavily liked Facebook page and an eloquent website. There is a trail way which is used by cyclists and walkers and this lease straight to the tea rooms.

Beyond this online activity, the business engages in little advertising, thus presenting a buyer with an immediate opportunity to increase awareness and store patronage. Moreover, the current owner’s plan call for 75% growth over the next 12 months through said marketing efforts, the introduction of a coffee club / loyalty scheme, offering meeting or function space, and making the whole restaurant available for private hire.

The current owners have been offered a once in a lifetime opportunity with another venture and have decided to let go of the tea-room. They have therefore approached Intelligent Business Transfer to find an enthusiastic, first time buyer as suitable to take over.

Features

Online Presence

Location

Property

Annual Rent
£9,792
Annual Rates
TBC
Lease Term (Years)
6
Lease Expiry (Years)
TBC
Accommodation Included
TBC
EPC Rating
C 51-75

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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