Popular Eatery in Towcester

Towcester, Northamptonshire
REF: 02931

Asking Price:
£25,000
Annual Turnover:
£36,000
Annual Net Profit:
£18,000
Reduced
Recently Sold
REF: 02931
Photo of Popular Eatery in Towcester
Photo of Popular Eatery in Towcester
Photo of Popular Eatery in Towcester
Photo of Popular Eatery in Towcester

Overview

Tenure:
Leasehold
Established:
1990
  • Hot and cold food and beverages
  • Local, passing and destination trade
  • Minimal competition
  • Locally renowned
  • Large recent refurbishment

This is a great opportunity to acquire a very well presented café serving delicious breakfasts, lunches, homemade specials, coffees and beverages to locals and tourists alike.

Situated in the affluent market town of Towcester, the business has garnered a great reputation and loyal customer base through its broad menu, low prices, and friendly service.

This is a very profitable opportunity for a new buyer looking to purchase an already established café.

This is an extremely well presented business that has recently undergone a large refurbishment. Set within an old worldly lane of independent shops, the cafe reflects a charming Mediterranean 'fast food' look with its white lime painted brick walled building, and red doorframe.

Serving breakfast, lunch, sandwiches and coffee, this café has a fresh clean image and a vibrant interior using bright colours of yellow and red to create a welcoming friendly and atmosphere.

It is well organised with a long counter area and display case with enticing foodstuff contained within. Along with the fitted stainless steel kitchen, there is a large range of professional catering equipment including a griddle and sink area.

Seating of two tables and chairs are also available inside that can sometimes be used outside on sunny days.

Intelligent Business Transfer are excited to offer to the market this lucrative opportunity to acquire a recently refurbished, immaculate café.

The business prides itself on providing excellent food, competitive pricing and great customer service.

Serving hot and cold food and beverages, the business is busiest at breakfast and lunch. It benefits from all year round trade serving both locals and tourists alike.
As well as achieving a turnover of £36,000 last year, the business has undergone a refurbishment worth £20,000 meaning all the necessary catering equipment needed to provide an efficient and exceptional service is already in place for the new owner.

The business has achieved its success primarily through its great reputation and word of mouth recommendations.

The new owner could dedicate time to new marketing initiatives by increasing the online presence of the brand by building a website and advertising through social media.
Traditional advertising through local magazines and newspapers could also increase interest and the café could be grown further by the introduction of a loyalty scheme.

The current owners are looking for somebody with the right energy and passion to grow this business further.

Intelligent Business Transfer have been approached to find a suitable buyer.

Location

Property

Annual Rent
£6,000
Annual Rates
TBC
Lease Term (Years)
4
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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