Thriving Independent Café for Sale in Vibrant Stoke Newington

London
REF: INT2917

Asking Price:
£160,000
Annual Turnover:
£207,000
Annual Net Profit:
TBC
Under Offer
REF: INT2917
Photo of Thriving Independent Café for Sale in Vibrant Stoke Newington
Photo of Thriving Independent Café for Sale in Vibrant Stoke Newington
Photo of Thriving Independent Café for Sale in Vibrant Stoke Newington
Photo of Thriving Independent Café for Sale in Vibrant Stoke Newington

Overview

Tenure:
Leasehold
Established:
2016
  • Very Loyal Customer Base
  • Low Overheads
  • Recently Refurbished
  • Well Equipped Business
  • Strong Supplier Relationships

This is an incredible opportunity to acquire a thriving independent café located in an ideal position within the vibrant Stoke Newington community. Established in 2017, it stands as a testament to its enduring success, boasting a strong foundation and a diversified loyal customer base, and having immense upside potential in the hands of a motivated operator.

The business is the preferred local café, known for its cosy atmosphere that exudes warmth and relaxation. It's the neighbours’ escape from the fast-paced city life—a place where they can truly feel at home and savour pure, unadulterated pleasure. Situated in a highly dense area with additional housing developments underway that will add a potential 435 people to the existing customer base, the café benefits from a growing community with considerable spending power.

The café offers its customers speciality coffee, tea, freshly squeezed orange juice, smoothies and an assortment of soft drinks, as well as food options that include delectable sweet and savoury pastries, cakes, traybakes, toasts, sandwiches, and salads.

The business derives its success from not only its beautiful interior and delicious food but also its well-organised and efficient operations, supported by a dedicated team renowned for delivering exceptional customer service. Throughout the years, the café has earned its reputation as a cherished “little oasis” in the middle of the city’s chaos, as expressed by its loyal customers. The café has a stellar reputation reflected in in-person customer feedback and online reviews (holding a remarkable 4.7 rating on both Google and Deliveroo as of October 2023), setting itself apart with no café of comparable quality and size within a 20-minute walk.

It is strategically positioned next to three significant footfall hubs: Shopping Garden, Clissold Park Tavern, and the highly visited Clissold Park. It is also a 5-minute walk from Clissold Leisure Centre. It also benefits from its proximity to essential bus stops in the area, capturing a steady flow of passersby.

The café also presents a professionally designed and robust brand identity, along with a strong social media presence, ensuring that it remains in the public eye, and offering prospective owners a solid platform ready for expansion into additional locations or sales channels.

Recently fully refurbished, the café is in impeccable condition, boasting a reconfigured layout that enhances operational efficiency. It has a spacious kitchen, allowing for a diverse and expanded menu offering. Its interior is a visual delight, artfully aligned with the café’s branding, and providing a welcoming and aesthetically pleasing space for customers.

In addition to the café, the business also owns a delivery-only brand, “The Sandwich Club,” which has garnered significant attention thanks to its appealing name and interesting offerings, resulting in outstanding sales even with no marketing spend or significant new product development.

With low fixed costs, including highly attractive lease terms and no business rates, the café presents an exceptional opportunity for prospective owners. The immense potential for growth and profitability makes this an exciting prospect, with the ability to realise rapid and substantial returns on investment.

The approx. 70m2 shop has a recently installed vinyl wooden floor, a partially exposed brick wall, and a homey and warm design style. It is divided into 4 areas: internal seating, external seating, counter and kitchen areas. The internal seating area has 7 tables with a capacity for 20 covers, and the external seating area, just in front of the shop, has 2 tables with a capacity for 4 covers. Additionally, there’s one restroom, one storage space and one cupboard that is also used for storage.

The business comes equipped with Air Conditioning and a heating unit. The kitchen presents an extraction system. All furniture and equipment will be included in the sale - tables, chairs, benches, an audio system, 2-handle Wega coffee machine, grinder, coffee-making accessories, ice machine, fridges, prep tables, salamander grills, Buffalo panini grill, convection ovens, 4-tier shelving units, automatic orange juicer, portable double hob and more - a full list of equipment can be provided.

This business has prime growth opportunities. Nearby residential developments like Kennaway Estate and Parkview Estate will bring in 435 potential customers. The renovated kitchen allows for an expanded menu with higher-value items, attracting a wider customer base. Leveraging not only Deliveroo but also other platforms, and properly exploiting the business’s delivery-only brand "The Sandwich Club," can drive sales growth. Extending operating hours and introducing high-margin alcoholic drinks can boost sales. The cafe can tap into the Clissold Park visitor traffic by offering picnic hampers and obtaining a trading license. Additional revenue streams like external catering, e-commerce, and space hire are untapped.

The business is poised for the next phase of growth given its strong branding, stellar reputation and well-established operations. With an effective marketing strategy and the implementation of growth-oriented initiatives, its potential for further success knows no bounds.

Features

Key Information

  • Number of Covers: 20
  • Delivery Services: Deliveroo, In-house
  • Hygiene Rating: 5

Online Presence

  • Facebook: Yes
  • Instagram: Yes

Location

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  • Close to Local Businesses
  • High Footfall
  • Good Transport Links

Property

Annual Rent
£20,000
Annual Rates
TBC
Lease Term (Years)
10
Lease Expiry (Year)
2031
Accommodation Included
No
EPC Rating
TBC

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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