Highly Rated Coffee Shop in Bath - PRICE REDUCED FOR QUICK SALE!

Bath, Somerset
REF: R05647

Asking Price:
£60,000
Annual Turnover:
£150,000
Annual Net Profit:
TBC
Reduced
Recently Sold
REF: R05647
Photo of Highly Rated Coffee Shop in Bath - PRICE REDUCED FOR QUICK SALE!
Photo of Highly Rated Coffee Shop in Bath - PRICE REDUCED FOR QUICK SALE!
Photo of Highly Rated Coffee Shop in Bath - PRICE REDUCED FOR QUICK SALE!
Photo of Highly Rated Coffee Shop in Bath - PRICE REDUCED FOR QUICK SALE!

Overview

Tenure:
Leasehold
Established:
2015
  • Huge growth potential
  • Recently Refurbished
  • Wide Variety of Products & Services
  • Excellent Reputation

The opportunity to purchase a very popular coffee shop centrally located in the affluent city of Bath now presents itself to the right buyer.

Established in 2015, the business has enjoyed two successful years of consistently high trade from its wide-ranging clientele, acquiring a brilliant reputation for its high quality food and drink.

Now, only up for sale due the current owner’s relocation, the business requires a new owner, who can take full advantage of the shop’s beautifully designed premises and loyal customer base.

Since its inception in 2015, the business has been providing both locals and tourists, more specifically families and professionals, with high quality food and drink in a contemporary, organically-furnished space. The café has a strong focus on vegan and gluten free food as well as juices and speciality coffee and is a known cake wholesaler to other coffee shops in the area.

Operations run from a single fronted, terraced property, recently refurbished at a cost of £120,000. Externally, good signage above the property with a few outdoor seating facilities and two large windows attract passing customers to enter. The customer is greeted by a sizeable serving counter with a coffee machine, display cabinets showcasing snacks and some seating. Upstairs, the customer notices a well-lit, comfortable seating area designed simply with wooden stools, tables and chairs, sofas and beanbags with a coffee sack logo. The basement holds a small seating area plus two spacious vaults which house fridges, freezers and stock. 55 covers are spread over three floors.

The business possesses social media platforms which act as invaluable marketing tools for the business, including Twitter, Instagram and 5 star Facebook reviews. Rated no. 1 on Tripadvisor under desserts in Bath, the café enjoys a brilliant reputation both via word of mouth and online.

Intelligent Business Transfer are pleased to bring to the market a thriving speciality coffee shop with an excellent reputation, perfectly located within Bath city centre. Its fantastic location arguably unrivalled reputation and attractive interior have provided the business with a huge advantage in the area in competing with other coffee shops, enabling it to generate a sizeable annual turnover of £180,000. The café would appeal to an owner of an already established café looking to grow through acquisition, or a new buyer with a strong interest in specialist coffee or previous catering experience.

Various potential changes can be exploited to increase the business’s efficiency and attract further trade. Extending the café’s opening hours into the evening and obtaining an alcohol licence would create a different avenue through which profit could be generated, attracting a whole new set of clientele. The basement area could also be converted into a kitchen would could be utilised for the preparation of unique and delicious meals and snacks.

With the current owner willing to stay on for a short transitional period to assist the new owner with business operations, Intelligent Business Transfer are looking for a suitable buyer.

Features

Online Presence

Website: Face Book Page

Location

Property

Annual Rent
£26,400
Annual Rates
£6,800
Lease Term (Years)
5 years
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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