Well Established Tea Room in Saxmundham

Saxmundham, Suffolk
REF: 03670

Asking Price:
£39,950
Annual Turnover:
£72,103
Annual Net Profit:
£13,047
Reduced
Recently Sold
REF: 03670
Photo of Well Established Tea Room in Saxmundham
Photo of Well Established Tea Room in Saxmundham
Photo of Well Established Tea Room in Saxmundham
Photo of Well Established Tea Room in Saxmundham

Overview

Tenure:
Leasehold
Established:
1970
  • Well Equipped Business
  • Excellent Reputation

This business offers a fantastic opportunity to anyone looking to purchase a catering enterprise.

The traditional English Tearooms offers a warm welcome to its guests. It has been established for around 40 years and is based in a pretty village on a main holiday route. They enjoy a great reputation with excellent online reviews for their great service.

Busy all year round, with peaks during holidays, this tea room offers the potential to be highly profitable under the right management.

This well established, traditional tea room offers breakfasts, lunches, fresh ground coffee, cakes made to order and a selection of other cakes and scones, as well as some unique cards and wooden gifts. They support local produce and all their products are home made.

They enjoy an excellent large space, with 20-25 covers in the main room, 5-6 covers in the side room and 16-18 covers in a back room. In addition, there is a very presentable veranda with seating for up to 20 covers. The kitchen is fully equipped, and the décor is in good condition with a pink and pine wood cosy appeal.

They have a great reputation online with a TripAdvisor certificate of excellence and have a coveted five-star food hygiene rating.

Because of their good local reputation, they do little local advertising, relying on word of mouth for most new custom.

Intelligent Business Transfer is delighted to be able to offer this lucrative opportunity to a prospective buyer. With a pretty location, fantastic local reputation, outstanding online reviews, a five-star food hygiene rating and lots of loyal customers, this busy tea room is already seeing plenty of trade and year on year growth.

With national support for healthy eating, as well as a growing enthusiasm for supporting the purchase of local produce, this type of traditional tea room is always in demand.

This business is ideally suited to anyone interested in traditional home cooking looking to purchase a catering enterprise with good potential.

There is plenty of scope for further development. A new owner may consider longer opening hours, including opening into the evenings. In this case, it could be lucrative to pursue a licence to sell alcohol, bringing in a wine or cocktail bar aspect. There is scope to branch into outside catering, frozen foods to take home, deliveries, take away and evening meals.

Additional advertising could be profitable and there is a huge potential to market the business online or by banners or leaflet distribution throughout the town. Development of a website and growing a social media presence could also be beneficial.

Location

Property

Annual Rent
£6,048
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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