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Phoenix Business Transfer Agents are delighted to place onto the market this café, ice a cream parlour and ice cream wholesale business which has been established for over 10 years.(wholesale side of business established since 2007) The business has been in the careful ownership of our client for 4 years and he now wishes to sell due to ill health. .
The business has many revenue streams. The café provides a selection of take away and eat in foods, both hot and cold including panninis, jacket potatoes, and sandwiches. There is also an ice cream parlour operating from the premises which serves New Forest Ice Cream. In fact the owner has distribution rights for this product within a very large geographical area including the south. There is also a sandwich delivery service offered to large local businesses.
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The concern employs one full time member of staff who is paid at the rate of £6.00 per hour. There is also 6 part time staff who between them work approximately 40 hours per week. They are paid at the minimum wage rate.
The owner works on a full time basis and has a very hands on role. In addition to this he takes care of all accounts and business strategies. Recently due to his health, the business has not been able to grow as it should.
The owner markets the business in local newspapers and also in the local theatre. Also the ice cream side of the business is well advertised on the internet.
In terms of competition the owner has distribution rights for ice cream in the region. There are other cafes locally.
The particular highlights of the business are:
- An established business
- Genuine reasons for sale
- Very good location for café and wholesale ice cream business
- Very large premises with good scope to extend the number of covers
- Blue chip clients for the trolley service
- Friendly staff with a good local reputation
- A very child friendly operation.
The concern has huge potential. In particular the turnover and profits can be increased by:
- Opening as Bistro in the evenings subject to planning
- Further expand and market the wholesale Ice cream side of the business
- To organize more rounds for the trolley service
The owner would be available for a business familiarisation period if required
Property Details
This very attractive and spacious unit has a large glass fronted unit with prominent front branded display. There is a service counter with ice cream display. On the counter is a hot food display area and a drinks cabinet. To the rear is seating of various types with up to 30 covers. The customer area is very well presented. To the rear are toilets and a fully equipped kitchen. There are numerous fridges and freezers.
Equipment with sale
The business comes fully equipped.
First Floor
On the first floor there are stairs leading to a large storeroom and an office. There is also loft access
External
To the front there are 12 covers outside and a parking area
Financial Details
The present turnover of the business is approximately £150,000 with a gross profit of 70%.
Opening Hours
The business operates 7 days a week from 8am to 5pm.
Tenure: Leasehold
The original length of the lease was 10 years with 6 years remaining. The rent is £16,500with a review this year.
Price: £80,000 (Price Reduced)
For more information about this business for sale, click the Contact Seller button.
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