Thriving Tea Room in Northamptonshire

Peterborough, Northamptonshire
REF: 03040

Asking Price:
£99,000
Annual Turnover:
£250,000
Annual Net Profit:
TBC
Featured
Recently Sold
REF: 03040
Photo of Thriving Tea Room in Northamptonshire
Photo of Thriving Tea Room in Northamptonshire
Photo of Thriving Tea Room in Northamptonshire
Photo of Thriving Tea Room in Northamptonshire

Overview

Tenure:
Leasehold
Established:
2014
  • Excellent Reputation
  • Wide Variety of Products & Services
  • Very Loyal Customer Base

This is a great opportunity to purchase a well established, owner-operated tea room which has amassed a solid customer base by offering a range of tasty beverages and food, in a relaxing and cosy environment.

Established in 2014, it has experienced substantial growth and by keeping overheads low, has successfully generated a high annual turnover.

A new owner is presented a highly profitable platform which has strong foundations set and is primed for further growth.

This owner-operated business offers a wide range of high quality food and drink and is especially renowned for its delicious range of teas. Maintaining high standards, this business is licenced, competitively priced and has grown consistently through offering a friendly customer service.

Functioning from a large premises which can seat up to 40 diners, this business has a large exterior front which displays the business name, attracting passers-by. There is potential for a small amount of seating outside the business, which would appeal to customers during the summer months.

The interior is well decorated and is always kept clean and tidy. With a large amount of seating space, the well equipped kitchen is located to the rear of the floor and also includes a storage room.

Having grown organically through word of mouth recommendations from satisfied customers, the business also manages a Facebook page and has gained strong reviews on TripAdvisor.

Intelligent Business Transfer are pleased to bring to the market this well-run tea room business situated in a convenient and popular location, which has attracted much patronage for its delicious menu options and excellent customer service.

Established in 2014, the business has worked hard and is expected to generate a turnover of £300,000 for its second year. This business will appeal to an array of buyers and would suit an entrepreneur looking for a successful business model.

A new owner is presented with many opportunities to grow this business. Increasing menu options would appeal to more customers and extending business hours could allow the business to provide evening meals, effectively functioning as a bistro.

Embracing more social media accounts would further aid advertising and the business would increase local advertising via leaflet drops etc to appeal to more locals.

Additionally, offering the premises to customers for private functions would also present an additional revenue stream, as would the implementation of a takeaway and external catering service.

Intelligent Business Transfer have been tasked with finding a suitable buyer who will look to maximise the potential that this business presents.

Features

Online Presence

Website: No under development

Location

Property

Annual Rent
£15,000
Annual Rates
TBC
Lease Term (Years)
10/8
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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