Well-established Coffee Shop in Croydon

Croydon, Surrey
REF: R07354

Asking Price:
£99,000
Annual Turnover:
£124,879
Annual Net Profit:
£33,718
REF: R07354

Overview

Tenure:
Leasehold
Established:
2015
  • Centrally located
  • Loyal customer base
  • Healthy menu
  • Takeaway service
  • Wealth of equipment included in sale

The business for sale is a well-established coffee shop and take away in central Croydon.

Since its establishment in 2015, this business has gone from strength to strength, acquiring a loyal and reliable customer base. Offering speciality coffer alongside a well thought out menu of fresh and healthy food, their vegetarian, vegan and gluten free options ensure they offer something for everyone. Customers are able to enjoy their food and drink on premises, or take advantage of their convenient takeaway option.

Located in an ideal location and well known to local customers, the seller is looking for a new owner operator to ensure the continued success of this business.

The premises of this business is located on a busy high street in central Croydon. The front door and entrance of this business is located on the corner of the high street with the adjoining road. As customers enter, they find themselves in an open plan, bright and spacious area with two tables and another bench for further seating. This business boasts a total of 15-20 covers. The inside of the premises is very clean with a minimalist design workspace and a counter for the meals and drinks. Stairs lead down to a basement with further tables and armchairs, and a toilet.

 

All equipment for preparing food is included in the sale of this business. Also included is heating, fridges, a coffee machine, tables, chairs, armchairs and the décor.

This business is offered on a Leasehold basis with rent currently set at £15,587 P/A.

This is an unmissable to opportunity to take on a profitable and well-run business. The opportunity includes a wealth of equipment and a loyal and reliable customer base.

 

The business would be best suited to an owner operator who is looking to get into the food industry and is excited about an exciting, customer-based opportunity.

 

This business has excellent potential to expand as it is an already thriving business. It could be grown further by adding a delivery service, especially to local offices, through the likes of Deliveroo or UberEats.

Currently opening Monday – Friday, 7:30am – 3:00pm and 9:00am – 3:00pm on Saturday, extended hours of operation could also see a higher income of profit.

 

The current owner is willing to stay on for a transition period to ensure the smooth handover of the business.

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  • Busy centre of Croydon
  • High street location
  • High footfall
  • Offices nearby
Rent
£15,587
Rates
TBC
Lease Term
10
Lease Expiry
###
Square Footage
TBC
Accommodation Included
TBC
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
C 51-75

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Accounts
XXXX
Trading Entity
XXXX
Current Ownership
XXXX
Management Structure
XXXX
Number of Employees
XXXX

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