Prevailing Cafe in Popular Derbyshire Area

Derby, Derbyshire
REF: R05935

Asking Price:
£35,000
Annual Turnover:
£72,000
Annual Net Profit:
TBC
Recently Sold
REF: R05935
Photo of Prevailing Cafe in Popular Derbyshire Area
Photo of Prevailing Cafe in Popular Derbyshire Area
Photo of Prevailing Cafe in Popular Derbyshire Area
Photo of Prevailing Cafe in Popular Derbyshire Area

Overview

Tenure:
Leasehold
Established:
2017
  • Based on town’s busiest street
  • Wide range of food and hot and cold refreshments
  • Large premises
  • Minimal Competition
  • Renovated premises

The business for sale is renowned as a fashionable coffee lounge based on Borrowash’s busiest street in Derby.

The business serves a wide range of food and beverages to their clients, including baked/homemade goods such as cakes, cookies etc. The business also sells light snacks such as Panini’s, sandwiches and salads. The business showcases an array of statement cakes which are popular with customers.

The café is based from high-quality, large premises which have been renovated to a high standard.

The business also has a small retail section where they sell various quirky items such as candles, clothing such as scarfs, paintings etc.

The business is a prevailing café based on Borrowash’s busiest street in Derby. The business serves a wide range of food and beverages to their clients, including baked/homemade goods. The business also sells light snacks such as Panini’s, sandwiches and salads. The business showcases an array of statement cakes which are popular with customers.

The business is set on one floor with a large open plan seating area for customers to enjoy. Towards the back of this seating area there is a large counter which showcases some of the businesses baked goods and drinks and allows staff to manage customer transactions. This counter also acts as a divide between the main seating area and small kitchen area. There are staff and customer toilets towards the back of this room.

Intelligent Business transfer are pleased to bring to the market a fashionable coffee lounge in Borrowash. The business has recently been refurbished to a high standard and has built a growing customer base in a short period of time, which has resulted in a high turnover in the region of £60,000

Currently the business is successful with only word of mouth as its promotion meaning it can be further profited from extra advertising.

The business is not present online, so there is a keen opportunity to create a website for the café; which could be used to promote certain aspects of the menu. This would give the business further exposure along with opportunity to market to a wider audience.

At present, the café offers no delivery service: a new buyer could thus partner a relationship with upcoming food delivery services such as UberEats and Deliveroo, exposing the bar to a younger audience.

The current owner is also willing to stay on for a transitional period for as long as required, if needed to show a new buyer how the business operates.

Location

Property

Annual Rent
£9,000
Annual Rates
TBC
Lease Term (Years)
6
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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