Popular Vegetarian/Vegan Friendly Café & Takeaway in Cardiff
£64,995
£79,928
£35,584
Overview
Leasehold
2016
- Excellent Reputation
- Very Loyal Customer Base
- Huge Growth Potential
- Equipment Included
The business for sale is a reputable cafe offering delicious and healthy vegetarian food, with an A3 license and takeaway facilities, and has been recently reduced from 89,950.
First established in 2016, the business is ideally situated within the Student Union of the University of Cardiff and only one mile away from Cardiff City Centre, with transport access from Cathays Train Station, only a couple of minutes walk away. Offering a varied menu packed full of exciting flavours, popular items include falafels, mezze plates, skinny fries, and delicious fruit smoothies.
Whilst their prime location already provides good levels of passing trade, the business also offers a full delivery service through third-party apps including Just Eat, Deliveroo and Uber Eats. They benefit from high footfall due to their location and the university having over 33,500 student members, 80% of which the business engages with.
Boasting an impressive reputation within the local area, this eatery already holds a large and loyal customer base.
Offered on a leasehold basis, rent is currently payable at a rate of £10,000 per annum with the lease set to expire in 2026 - if the full asking price is achieved, the vendor is willing to pay for a new 10-year lease.
The business operates from modern, recently refurbished premises with air conditioning situated on the ground floor of the Student Union building of the University of Cardiff, between the maths building and the Sherman Theatre.
Internally, the shop is 30 square metres, with a seating area for up to 17 covers. The space also includes a serving bar and a preparation area with all of the relevant equipment, fixtures and fittings (a full inventory of equipment can be provided upon request). Customer and staff toilets are available nearby.
The ideal location of this business means it benefits from excellent levels of footfall and passing trade. The University’s active summer school curriculum means that the business is still able to maintain a strong performance outside of regular term times. It also boasts easy to access on-street parking outside and excellent public transport links such as the train station.
This would be the perfect opportunity for an individual in search of a fast-paced, customer-facing role – ideally with experience in the catering industry.
In the past, the shop has opened 7-days a week and into the evening. However, opening hours were reduced under the current ownership to suit the business owner’s needs. To grow the business further, a new purchaser may look to extend these opening hours once again to take full advantage of weekend and evening trade.
Similarly, whilst customers are able to place orders through third-party apps, introducing their own order and delivery service through the business’ modern website would cut out middle-man fees and could see an increase in profits.
The owner has advised that they would be prepared to offer a transitional period for a new buyer, should this be required.
Features
Key Information
- Number of Covers: 17
- Delivery Services: Deliveroo, Just Eat, Uber Eats
- Hygiene Rating: 5
Reputation
- Google: 5
- TripAdvisor: Excellent
Online Presence
- Facebook: Yes
- Instagram: Yes
Location
- City Centre Location
- Close to University
- High Footfall
- Good Transport Links
- Limited Competition