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Established Coffee Shop & Cafe In Paisley For Sale

Paisley, Renfrewshire, UK
Asking Price:
£60,000
Turnover:
£79,000
Net Profit:
£15,000

Spoons Coffee House

Turnover circa: £79k

Net Profit circa: £15k

BUSINESS SUMMARY

Business Name: Spoons Coffee House
Location: 71 Causeyside Street, Paisley, PA1 1YT
Established: 2019
Type of Business: Coffee House/Café

BUSINESS DESCRIPTION

Spoons is an award-winning popular coffee shop/café located in the heart of Paisley on the borders of Glasgow, a thriving town within 10-minute drive from Glasgow airport. This business has an exceptional reputation and is known for its high-quality take on traditional food and drink, The establishment is a firm favourite amongst both locals and visitors to the area, with the benefit of being in a modern, well-designed and cosy leasehold premises in a busy urban area on the main commuter route into the centre of Paisley.

SERIVCE OFFERINGS

Tea & Coffee: Fresh ground coffee with filtered water and a wide selection of national and international teas.
Cold Drinks: A range of cold drinks.
Hot & Cold Sandwiches: A range of sandwiches/paninis available throughout the day which are freshly prepared in store.
Cooked Breakfast: Cooked breakfasts are available, cooked to customers preferred requirements.
Desserts: A range of home-made and locally produced desserts.
Function Hire: The venue is available to hire for small parties, celebrations and funerals with various menu options to suit customer requirements.
External Catering: Bespoke outside catering service for business customers or parties, with various sandwich platter options including wraps, cakes, scones, etc.

MARKET ANALYSIS

The food service sector, which encompasses cafes, is influenced by consumer preferences for full-service restaurants due to their diverse food menus, high-quality interiors, and service standards. Quick-service restaurants, though with a more limited menu, are expected to grow in the next 5 years, indicating a diverse market with varying consumer demands​.

FINANCIAL OVERVIEW

Gross Revenue: £79k
Net Profit: £15k

KEY ACHIEVEMENTS

Reviews:
4.7 star rating on 'Google Reviews' with over 100 reviews.

4.8 star rating on 'Facebook’

5.0 star rating on ‘Tripadvisor’

Loyal Customers: Regular, repeat customer base provides ongoing, consistent revenue.

EXPANSION OPPORTUNITIES

Delivery: Implementing a delivery service to cater to the increasing demand for at-home dining through directly employed staff to compliment food app delivery partners.
Mobile Catering: Addition of a mobile catering van to offer hot/cold sandwiches in business parks and local events.
New Menu Items: Introducing more vegan, gluten-free and alcoholic options to cater to a wider audience.
Website Development: The business attracts custom through local reputation and passing trade; however, there is an opportunity to develop and implement a dedicated website with ordering capabilities for click and collect and/or deliveries.

PREMISES

The premises is a ground-floor retail unit in an extremely busy urban area on a parade of retail shops. The premises are made available by way of a lease assignment at £13,200 per annum.

The vendor has made significant improvements to the property since inception and introduced new catering equipment and furnishings that offer a warm and welcoming environment for customers and require no further investment from an incoming operator who can capitalise on the extensive fitout to date.

Viewing is essential to appreciate the quality of the business on offer.

FINANCIAL INFORMATION

Detailed financial statements and information is available upon request.

FURTHER INFORMATION

Further information is available by speaking with us and viewings are strictly by appointment only.

Property Information

Property:

Leasehold