Innovative and Growing Coffee Shop in South London

Croydon, Croydon
REF: R07824

Asking Price:
£54,950
Annual Turnover:
TBC
Annual Net Profit:
TBC
Reduced
REF: R07824

Overview

Tenure:
Leasehold
Established:
2020
  • Loyal customer base
  • Huge growth potential and low overheads
  • Well-equipped, spacious premises
  • Friendly, professional team
  • Wide variety of products and strong supplier relationships

New to the market is a well-branded coffee shop that is ideally positioned in the heart of a bustling shopping centre in South Croydon.

Only founded toward the end of 2020, Brew Fellas has hit the ground running and quickly shaken up the coffee scene. Serving a vast array of coffees and teas, ranging from the traditionally conventional to the more unique, specialist types, the business prides itself on sourcing Fairtrade and organic ingredients which allow customers to be environmentally friendly and sustainable in their consumption.

The company’s mission is crystal clear- to quickly adapt to change customer demands and to produce the highest quality coffee available. It has cemented this approach by working with a selection of suppliers who are carefully chosen for their products’ great flavours and ethical sourcing.

This is a new business that offers massive growth potential to a driven buyer. With a fantastic location and contemporary branding, the new owner will be primed to achieve great success.

Brew Fellas Coffee is located in the heart of the busy Centrale shopping centre in Croydon in South London, one of the city’s largest covered retail destinations. Situated in a spacious thoroughfare area between the centre’s highly popular retailers, the coffee shop has quickly amassed a loyal following thanks to the high level of footfall. In an uncluttered space, the shop’s sleek, black and yellow branding stands out from the crowd. Additionally, the business benefits from attractively low business rates and comes with the possibility of securing a new lease.

All the business’ equipment is incorporated into the sale price, including coffee machines, storage, a sink, menus, and signage. The buyer will also benefit from inheriting the business’s newly designed website, as well as its Instagram profile which has quickly grown a following of more than 3,000.

Furthermore, the vendor is willing to offer the buyer a transitional period to ensure a smooth handover of business operations.

This is a brilliant opportunity for someone who wants to be a working owner in the dynamic food and beverage industry within an ideal shopping centre location. It would be especially suitable for a partnership between two or more owners, or for a husband a wife team in the local area.

The key method of achieving efficient and long-term growth of this young business is to focus on increasing brand awareness. The high level of footfall in the Centrale shopping centre provides a superb level of visibility for the business, which could be bolstered with an online strategy that focuses on greater social media engagement and directly targets advertising to those audiences who live in the shopping centre’s surrounding area. As part of this, it would be beneficial to enhance the business’s website and social media by providing a menu and promoting seasonal specials and offers.

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  • Shopping centre location
  • Close to many businesses and shops
  • Residential area
  • High footfall
  • Good transport links
  • Nearby car parking
Rent
£23,000
Rates
£0
Lease Term
5
Lease Expiry
2025
Square Footage
TBC
Accommodation Included
No
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
TBC

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

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