Unique Record Store & Coffee Shop in Tunbridge Wells

Tunbridge Wells, Kent
REF: INT2761

Asking Price:
£175,000
Annual Turnover:
£324,434
Annual Net Profit:
£42,525
Under Offer
REF: INT2761
Photo of Unique Record Store & Coffee Shop in Tunbridge Wells
Photo of Unique Record Store & Coffee Shop in Tunbridge Wells
Photo of Unique Record Store & Coffee Shop in Tunbridge Wells
Photo of Unique Record Store & Coffee Shop in Tunbridge Wells

Overview

Tenure:
Leasehold
Established:
2019
  • Excellent Reputation
  • Friendly & Professional Team
  • Very Loyal Customer Base
  • Huge Growth Potential
  • Events Hosted

Now on the market is a unique family-run record store and coffee shop in Tunbridge Wells retailing new and second-hand records, in a spacious and busy location. They provide great quality coffee and music in a friendly, welcoming environment.

The business stocks a variety of new records, merchandise, and music books, as well as speciality coffee, delicious teas and hot chocolates. Alongside this, customers can also enjoy a wider range of drinks such as a tasty smoothie and milkshake or local craft beers, ciders and wines. There are also breakfast, lunch and snack options available for customers wanting to dine in.

Alongside the usual café and record-selling side of the business, they also host live music, workshops, events and festivals.

After only 3 years of opening its doors, the business is well-established with a large regular customer base, alongside new customers discovering them daily and boasting a very good reputation of 4.9* average on Google. This would be a profitable business purchase for an ambitious individual looking to take this business to the next level.

The premises has a manager who runs the shop. The current owners would be available to help with a handover.

The café and record shop is open 7 days per week, licensed from 12pm and offers breakfast, brunch and lunch.

Their St John’s location comprises a ground floor and basement, with a till, coffee equipment, display fridge, record player, sound system and more. There are 40 seats with space for shopping, a small kitchen, cosy sofa, WC & more.

The ideal buyer would be an ambitious entrepreneur seeking to take this business to new heights. With a loyal customer base in place, expansion through targeted advertising, especially in the retail sector, presents a significant opportunity.

Additionally, the online sale of records and the potential for increased events and outside catering/entertainment create avenues for further growth.

Features

Key Information

  • Number of Covers: 20
  • Hygiene Rating: 5

Reputation

  • Google: 4.9
  • TripAdvisor: Excellent

Online Presence

  • Facebook: Yes
  • Instagram: Yes

Website: www.evenflowuk.com

Location

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  • High Street Location
  • Close to Local Businesses
  • High Footfall

Property

Annual Rent
£23,500
Annual Rates
£7,500
Lease Term (Years)
10
Lease Expiry (Year)
2030
Accommodation Included
No
EPC Rating

Financial & More

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Annual Net Profit
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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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