Traditional Café in Derby - Price Negotiable

Derby, Derbyshire
REF: R05641

Asking Price:
£35,000
Annual Turnover:
£72,046
Annual Net Profit:
TBC
Reduced
Recently Sold
REF: R05641
Photo of Traditional Café in Derby - Price Negotiable
Photo of Traditional Café in Derby - Price Negotiable
Photo of Traditional Café in Derby - Price Negotiable
Photo of Traditional Café in Derby - Price Negotiable

Overview

Tenure:
Leasehold
Established:
2010
  • Wide Variety of Products & Services
  • Excellent Reputation
  • Huge growth potential
  • Very Loyal Customer Base
  • Recently Refurbished

Established in 2010, this catering business has experienced stellar annual growth and amassed a stellar reputation for its fantastic service and quality of food amongst its local inhabitants.
Positioned in a popular location, benefiting from heavy footfall, this business appeals to great number of customers and the maintenance of low overheads have successfully resulted in healthy annual takings.

A new buyer is presented a well-built platform which has strong foundations set and is now primed for additional growth.

Renowned for its timely and reliable service, this café has amassed a loyal customer base through offering tasty food and drink, at cost-effective prices. It also serves an assortment of home-baked produce. It also sells a range of alcohol.

It trades from a single-fronted, terraced building which has been recently refurbished to an exceptional standard, not comprising high end fixtures/fittings and modern décor.
The premises feature an open plan seating area which can accommodate up to 30 diners. To the back of this area is a large counter for staff to manage transactions and take orders. A large storage room behind the counter is fitted with cooking equipment and is ideal for food preparation.

Without any active marketing carried out, the business has grown organically and solely through word of mouth and recommendations.

Intelligent Business Transfer are excited to offer for sale a reputable café desired by local inhabitants for its quality of food and warm customer service. The business is available on a leasehold basis and has healthy financial figures.

Since its establishment seven years ago, the cafe has flourished year on year generating a yearly turnover in excess of £70,000.

This profitable platform would be equally ideal for a first-time buyer or an experienced caterer looking to effectively manage a growing business and nurture it to fulfil its potential.

There exist a number of approaches a new buyer could take to develop the business further and increase revenue.

Currently trading six days a week, 8am-2pm, the new buyer could effectively increase opening hours to effectively cater for customers in the evenings. It could effectively operate as a bistro, providing evening meals to its customers.

The business would gain exposure by implementing an advertising campaign, designing a professional website and being active on social media. Also, introducing a home delivery and external catering service would increase the appeal for customers who would prefer to eat at home.

Intelligent Business Transfer are searching for a suitable buyer. The current owner is willing to stay for a period of time to help ease in this transition.

Features

Online Presence

Location

Property

Annual Rent
£11,388
Annual Rates
TBC
Lease Term (Years)
5 years
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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