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Busy, Established Café & Coffee Shop In Retford For Sale

Retford, Nottinghamshire, UK
Asking Price:
£50,000
Turnover:
£235,000
Net Profit:
On request

This popular leasehold café and coffee shop enjoys a prime location in the historic market town of Retford. The premises have been an eatery for more than 25 years. Benefitting from two levels of indoor seating plus a large courtyard, the business draws regular repeat custom locally and further afield. Tastefully presented externally and internally, with a lovely menu and excellent reviews.

Despite a high weekly turnover there is still lots of potential; platforms such as Uber Eats for deliveries, private parties, afternoon teas and outside catering etc are yet to be explored. There is also the potential to increase the opening hours and seek an alcohol licence (which was previously granted but not applied for by the current owner). A change in the vendors circumstance presents this reluctant sale.

This is an exceptionally busy town centre café and coffee shop. Takings over June, July and August totalled £75,000. Act quickly to secure this high sales business and reap the benefits of those summer takings.

KEY INFORMATION: SOLD
Location: In the centre of the historic north Nottinghamshire town of Retford. Nearby there is on street parking, high street stores, Aldi and the town’s Bus Station. Retford is a sought after, affluent area with a thriving town centre.

The business: Previously licensed, the café / coffee shop offers a large range of ‘home cooked’ food, cakes and Barista made coffee. Fully equipped kitchen.

Seating: 20 covers on the ground floor and 35 on the first-floor, plus approximately 50 covers in the outdoor courtyard. The

Takings: We are advised these average £4,000 per week, increasing to £25,000 per month over the summer.

Trading Hours. Autumn/Winter opening times are Sunday & Monday closed. Tuesday to Saturday 9:30am to 3:00pm. Spring/Summer opening times are Monday to Saturday 9:00am to 4:00pm, closed Sunday. There is potential for opening later, especially during the summer, plus evening opening on Friday and Saturday evening for themed dining or special events. There is demand for Sunday opening also.

Staff. 2 full time staff plus a pool of part-time members of staff working as required.

Stock Level. Modest, mostly fresh daily, to be taken at valuation.

Tenure: Leasehold. Term: 5 year lease.

For the full details of the rent and location please complete the enquiry form.

By all means visit the premises as a customer but please do not approach the staff directly. The vendor requests that all viewing requests are made through their agent, Ellis & Ellis.

Property Information

Property:

Leasehold

Lease Terms:

Please complete the enquiry form for the full details.

Location:

Prime location in Retford's town centre. Nearby there is on street parking, high street stores, Aldi and the town’s Bus Station.

Premises Details:

Ground floor and first floor premises. Large, light and attractive. Well maintained and recently repainted.

Business Operation

Expansion Potential:

Lots of potential by utilising platforms such as Uber Eats for deliveries, private parties, afternoon teas and outside catering etc are yet to be explored. There is also the potential to increase the opening hours and seek an alcohol licence (which was previously granted but not applied for by the current owner)

Competition / Market:

As they are centrally located there are other cafes around. However, being in the centre of the market town there is heavy footfall and therefore plenty of custom. This cafe stands out with their large outdoor area.

Reasons for selling:

Due to a change in the vendors circumstances.

Trading hours:

Autumn/Winter opening times are Sunday & Monday closed. Tuesday to Saturday 9:30am to 3:00pm. Spring/Summer opening times are Monday to Saturday 9:00am to 4:00pm, closed Sunday. There is potential for opening later, especially during the summer, plus evening opening on Friday and Saturday evening for themed dining or special events. There is demand for Sunday opening also.

Employees:
2 full time staff plus a pool of part-time members of staff working as required.

Other Information

Support & training:

A handover will be given.