3-in-1 Business: Café, Record Shop and eCommerce Site for Sale in Cambridge

Cambridge, Cambridgeshire
REF: INT2970

Asking Price:
£145,000
Annual Turnover:
£572,826
Annual Net Profit:
£73,881
REF: INT2970
Photo of 3-in-1 Business: Café, Record Shop and eCommerce Site for Sale in Cambridge
Photo of 3-in-1 Business: Café, Record Shop and eCommerce Site for Sale in Cambridge
Photo of 3-in-1 Business: Café, Record Shop and eCommerce Site for Sale in Cambridge
Photo of 3-in-1 Business: Café, Record Shop and eCommerce Site for Sale in Cambridge

Overview

Tenure:
Leasehold
Established:
2013
  • Excellent Reputation
  • Friendly & Professional Team
  • Very Loyal Customer Base
  • Equipment Included
  • Wide Variety of Products & Services

This is a fantastic opportunity to purchase a 3-in-1 business.

Located in Central Cambridge on the vibrant Mill Road, this is a café, vinyl record shop and eCommerce business all combined into one. As it is in the same area as Anglia Ruskin and Cambridge university, the café is popular with university students and has a significant footfall.

The sale includes a thriving eCommerce business that sells vinyl online and often has artists come into the store for record signings, increasing sales overall.

Along with friendly and professional service, this business provides vegan, gluten free and local produce which has garnered them a stellar 4.5* rating on Google out of 908 reviews and an impressive 4.5* on TripAdvisor. Overall, this establishment has an excellent reputation, and has become a favourite among locals, regulars, and passers-by alike.

Located in central Cambridge, this business is offered on a leasehold basis. The lease is until October 2024, but the landlord is flexible regarding a new lease to the right buyer.

The property has the café upstairs and the vinyl collection in the basement.

This café would make a fantastic business venture for an individual within the food and catering sector.

They have a strong social media presence with over 3.3K followers on Instagram and over 5.4K on Facebook which has great potential for growth. Along with a weekly newsletter which is sent out to their loyal clientele, there is a great foundation for a potential buyer to grow the business.

During COVID, the owners created their website where clients can order their records online. This venture thrived and with the right owner it should continue to grow and be profitable.

The property also has an alcohol licence and so there are opportunities to open in the evenings and put on music events.

Features

Key Information

  • Number of Covers: 50
  • Hygiene Rating: 5

Reputation

  • Google: 4.5
  • TripAdvisor: Excellent

Online Presence

  • Twitter: Yes
  • Instagram: Yes

Website: www.relevantrecordcafe.co.uk

Location

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  • High Street Location

Property

Annual Rent
£25,000
Annual Rates
TBC
Lease Term (Years)
10
Lease Expiry (Year)
2024
Accommodation Included
No
EPC Rating
TBC

Financial & More

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