Vintage Tea and Coffee Shop in Otley

Otley, West Yorkshire
REF: 03502

Asking Price:
£39,950
Annual Turnover:
£78,000
Annual Net Profit:
TBC
Reduced
Recently Sold
REF: 03502
Photo of Vintage Tea and Coffee Shop in Otley

Overview

Tenure:
Leasehold
Established:
2010
  • Excellent Reputation
  • Wide Variety of Products & Services

This is a great opportunity to acquire a popular, award-winning vintage tea and coffee shop on sale in Otley.

The business has a fantastic location and has garnered a great reputation and loyal customer base due to its friendly and welcoming environment. The shop serves delicious food and drink providing busy shoppers with a relaxed tea break and a mouth-watering selection of homemade cakes.

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

The business acts as a traditional tea and coffee shop providing delicious food to locals and shoppers alike. They serve a wide range of products including breakfast, sandwiches, paninis and homemade soup. The business also sells traditional vintage tea, coffee (which includes Coopers, recognised as the best coffee in the town) and a stunning selection of homemade cakes. A takeaway service is available and the business also offers external catering. The business has achieved consistently high reviews on TripAdvisor and holds a 5 star hygiene rating. It won the 2016 Otley Chamber of Trade Best Cafe award.

The premises is located in a popular alley that is filled with old-world charm and character. It has been completely refitted by the current owner and possesses a serving counter which is surrounded by an ‘L’ shape layout of tables and chairs offering 35 covers. Quality vintage furniture decorates the premises with a garden party theme throughout. A large fully fitted kitchen is available, as well as clear menu displays. The owners pride themselves on providing food of the highest quality and exceptional customer service.

Intelligent Business Transfer are delighted to offer for a sale a reputable, high quality tea and coffee shop, favoured by customers for its range of tasty food, prime location, and excellent customer service. The café offers visitors a unique vintage experience and is situated in a highly desirable part of Otley.

The business has a fantastic online presence with an informative website and a variety of social media presences. However, it has huge potential for growth and could increase its annual turnover through a variety of ways. Extended opening hours could significantly increase the yearly income as it currently only operates from 10am to 3.15pm, 5 days a week. A new owner could branch out and turn the café into an evening restaurant. There is also scope to expand the catering aspect of the business and provide more external services to other businesses. Regularly refreshing the menu options would also increase turnover.

With a prime location and low overheads, this is a rare opportunity to purchase a highly successful and profitable business. It would particularly suit those with experience in the catering industry and particularly those with a passion for baking and all things vintage.

The owner has requested Intelligent Business Transfer to find a suitable buyer who will successfully take over the business and grow the customer base and revenue further.

Features

Online Presence

Website: www.yumatthebaytree.co.uk

Location

Property

Annual Rent
£11,200
Annual Rates
TBC
Lease Term (Years)
TBC
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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