Popular Deli & Café in Wiltshire

Corsham, Wiltshire
REF: R07541

Asking Price:
£57,000
Annual Turnover:
£138,214
Annual Net Profit:
£31,605
Reduced
REF: R07541
Photo of Popular Deli & Café in Wiltshire
Photo of Popular Deli & Café in Wiltshire
Photo of Popular Deli & Café in Wiltshire
Photo of Popular Deli & Café in Wiltshire

Overview

Tenure:
Leasehold
Established:
1997
  • Loyal customer base
  • Good profit margins
  • Fantastic location
  • Fresh food
  • Over 20 years trading history

The business for sale is a popular and well established café, deli and cheesemonger located in Wiltshire. Offering a range of tasty, fresh meals including; baguettes, pastries, quiches, salads, soups and cakes, the coffee shop has quickly become a favourite lunch spot for local clientele, creating a huge amount of repeat custom. Food platters and large orders are also regularly prepared for local businesses.
Customers travel especially to purchase the best chocolates, hampers and cheeses in the area. The cheese wedding cakes are particularly popular!


Covid Impact: Takings for 2020 were £138,214 and this was operating at 75% of the usual hours. If operating at full capacity the takings would have been up from previous years, nearing £180,000.
The vendor also ran the business for 2 months independently, demonstrating that a new owner could run the business themselves and reduce staff costs. The current owner usually chooses not to be in the business full time and in 2020 staff wages were £15500, which covered 2 part-time staff.
Profit before tax came in at over £32,000 (not including directors’ salary of £8958) which would provide a solid income for a new owner.

Ideally located in the historic town of Corsham, the business benefits from a bustling high street location with fantastic levels of passing trade. Customers enter in to the main shop floor, greeted by an impressive refrigerated display for cold cuts, cheeses and other delicious deli items. To the side, there is ample shelving and the large display window at the front allows for splendid seasonal displays.

The shop floor leads to the café area, with plenty of extra display space and seating for up to 12 covers. There is seating for a further 18 in front of the shop on the paved, pedestrianised High Street. Behind the counter there is access to a preparation area, desk space and separate storage room, complete with fridges, freezers and oven.

Equipment included within the sale; display counters, fridge displays, storage fridges, shelving, freezers, cold cuts slicer, large baguette oven, microwave, toaster, hotplate, soup warmer, coffee grinders, coffee machine, chairs and tables

This is a fantastic opportunity to take on an established and profitable business with plenty of room for further growth. This would be an ideal purchase for both a first time buyer or an experienced business owner looking to take on a fast paced, customer facing role. The business performed well throughout 2020 despite the pandemic. The current owner scaled back the hours from 47 per week to 35 hours in March and has continued with these hours throughout the year.

The business could be grown further with online ordering through the website and the potential introduction of a delivery service to cater to customers at home. The business’s current reputation has mainly grown through word of mouth, meaning further local and online advertising could see even higher profits.

The vendor has advised they would be willing to stay on for a transitional period, should a new owner require.

Features

Online Presence

Website: www.thedeliatcorsham.co.uk

Location

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  • High street location
  • High levels of footfall
  • Minimal competition
  • Parking nearby
  • Good transport links

Property

Annual Rent
£10,500
Annual Rates
TBC
Lease Term (Years)
10
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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