Lucrative Café/Patisserie in Buckinghamshire

High Wycombe, Buckinghamshire
REF: R06950

Asking Price:
£450,000
Annual Turnover:
£220,000
Annual Net Profit:
TBC
REF: R06950

Overview

Tenure:
Leasehold
Established:
2008
  • Well-Established
  • Recently Refurbished to a High Standard
  • Fantastic Online Reviews
  • Unique and Authentic Menu
  • Ideal Location

The business for sale is a highly sought-after Café Patisserie in the affluent county of Buckinghamshire. This is a multifaceted business catering to the masses and specialising in North African and Algerian cuisine assorted with traditional local specialities.

Established in 2008, the café sources uniquely blended, organic coffee beans to deliver premium coffee, every time. The business also provides on outside catering service and has a large function room for events for up to 50 people onsite. The business is now for sale on a leasehold basis.

The business, established with a 5* hygiene rating, has recently undergone a £200,000 refurbishment with contemporary furnishing and décor.

The property is large with the business’s brand name showcased overhead, externally. There is also an outside seating area with 20 covers. Through the entrance on the ground floor, there is the main dining area, accommodating 50 customers with a large counter opposite. Also on this floor is a kitchen with toilets and washing facilities and a disabled toilet. The business provides children’s high chairs and there is also a shelfful of books for all ages which customers help themselves to, whilst they are enjoying the atmosphere of the eatery.

There are stairs leading to the first floor which accomodates a further 50 covers – there is also has a lift to take food from downstairs to upstairs. On the second floor there are male and female toilets and a waiting area the third floor comprises of a stock room and office space.

Intelligent Business Partners are excited to offer an opportunity to purchase an established patisserie in an avant-garde area of High Wycombe.

The footfall and loyal customer base favours the eatery resulting in an impressive annual turnover.

Despite firm foundations set, there are ways to grow the business further.

At present, the patisserie does not offer a delivery service: a new buyer could thus partner a relationship with upcoming food delivery services such as UberEats and Deliveroo, exposing the business to a younger audience.

The business currently does not have an alcohol licence, if wanted; the buyer could purchase one in order to offer alcohol as a way of creating a unique service to the archetypical patisserie.

The current owners are willing to stay on for a period of time, if a transitional period is needed.

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  • Based in High Wycombe
  • Tourist town
  • High footfall
  • Lots of atmosphere
  • Easily accessible
Rent
£35,000
Rates
£20,000
Lease Term
15
Lease Expiry
###
Square Footage
TBC
Accommodation Included
TBC
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
C 51-75

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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