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Busy Cafe /coffee House In Kenilworth For Sale

Kenilworth, Warwickshire, UK
Asking Price:
£125,000 Furniture / Fixtures included
Turnover:
£364,000
Net Profit:
Available on request

Enjoying all the considerable commercial advantages of its prime and much sought after position among other numerous complementary outlets in an attractive and fashionable area of Bath.

The business was established 22 years ago and has been in the careful and successful ownership of our client since 2021. It now only comes onto the market as our client looks towards living overseas.
• Great ambience
• Extensive menu
• Charming location
• Quirky and unique business.

Operating from well-fitted and presented premises, the business currently primarily offers a full and varied in-house menu of homemade classic hot and cold food, snacks, sandwiches, lunches, side orders, cakes, afternoon tea, and an extensive range of hot and cold beverages, all prepared freshly to order in its fully equipped catering facilities and served in the pleasant surroundings of an attractively modern-furnished dining area which may comfortably accommodate a total of 90 covers situated inside and out.

Trading Hours: 8:00 am - 4: 30 pm open 7 days per week

Staff: 4full time / 6 Part-time
Rent: £30000 per annum
Lease: The current lease expires in 2030, and a new lease is available
Turnover: £350000 per annum
Average weekly turnover £7000

There is scope for continued growth, not least with regard to longer opening hours, providing more wine and dining evenings, and the possible provision of local delivery and outside catering services which would also provide added revenues.
The business may also benefit greatly by adopting a far more vigorous marketing policy for its excellent existing facilities and services, particularly with reference to the introduction of online advertising and ordering in-order to improve upon the already high levels of turnover and profitability it has achieved since being established in its present form.

Note: This Business would ideally suit a husband-and-wife team or couple to maximise profits. (Currently fully managed)
We would strongly recommend the earliest possible viewing to avoid disappointment.
A full profile is available once a non-disclosure agreement has been signed.
All enquiries to City Business Brokers.

Property Information

Property:

Leasehold

Lease Terms:

7 years remain

Leasehold Rent:

£30,000 per annum

Location:

Busy Location close to all amenities with plenty of foot traffic.

Premises Details:

Two storey premises

Business Operation

Reasons for selling:

Emigration

Trading hours:

8-4.30pm x 7 days

Employees:
4 ft 2 pt
Years established:
22

Other Information

Support & training:

Handover period guaranteed