Extremely Successful Plant-Based Coffee Shop in Colchester

Colchester, Essex
REF: INT2069

Asking Price:
£75,000
Annual Turnover:
£195,000
Annual Net Profit:
TBC
REF: INT2069
Photo of Extremely Successful Plant-Based Coffee Shop in Colchester
Photo of Extremely Successful Plant-Based Coffee Shop in Colchester
Photo of Extremely Successful Plant-Based Coffee Shop in Colchester
Photo of Extremely Successful Plant-Based Coffee Shop in Colchester

Overview

Tenure:
Leasehold
Established:
2012
  • Friendly & Professional Team
  • Huge Growth Potential
  • Low Overheads
  • Well Equipped Business
  • Wide Variety of Products & Services

This is a unique opportunity to acquire a fully vegan, plant-based coffee shop in Colchester with an excellent customer base and brilliant reputation. The coffee shop offers a variety of delicious cakes and sweets and a large range of hot and cold drinks.

First established in 2012, the business has offered a fully vegan menu since 2021. This includes a selection of coffees, loose leaf teas, iced frappes and hot chocolates. They also have sandwiches, paninis, jacket potatoes and more for delicious lunchtime bites.

For customers wanting the full coffee shop experience, they offer brunch with a variety of mouth-watering vegan dishes and light bites using fresh produce and vegan items.

Now, they have a large and loyal customer base, with little competition within the vegan sector in the surrounding areas. Customers praise their excellent service, averaging 4.8* on their Facebook page with an impressive 368 reviews.

Having both indoor and outdoor seating for a sunny day, this would be a brilliant purchase for an individual within the food sector.

The business benefits from a prime location in Colchester, benefitting from high levels footfall and passing trade.

Since going fully vegan in 2021, the business owners have developed a menu which includes vegan cheese, vegan meat and other plant-based products.

Currently offering both dine-in and takeaway services, the coffee shop has 36 covers inside which includes 24 downstairs and 12 upstairs, with a further 8-16 covers outside.

There is fantastic scope for future growth within this business. With minimal competition in the local area, they have truly become the go-to spot for delicious meals and drinks that cater to the vegan market.

Partnering with delivery platforms such as UberEats and JustEat would be highly beneficial for the business, allowing them to deliver direct to their customers' doors.

Also, focusing on social media platforms, such as Instagram and Facebook, would also increase traffic and expand their customer base to reach further afield.

Features

Key Information

  • Number of Covers: 44
  • Hygiene Rating: 5

Online Presence

  • Facebook: Yes
  • Instagram: Yes

Location

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  • City Centre Location
  • Shopping Centre Location
  • Close to Local Businesses
  • High Footfall
  • Limited Competition

Property

Annual Rent
£18,500
Annual Rates
TBC
Lease Term (Years)
12
Lease Expiry (Year)
2025
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
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Number of Employees
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Current Ownership
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