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Excellently Located Cafe In Plymouth For Sale

Plymouth, Devon, UK
Asking Price:
£55,000
Turnover:
£110,000
Net Profit:
£40,000

Turnover circa £110k
Adjusted Net Profit circa £40k

Tasties Café is a marketplace café with an enviable local reputation for preparing freshly made hot and cold food from a high-quality lease hold premises with capacity for 43 covers on site rated the No.1 café in Plymouth on Trip Advisor and No.4 in Devon!

The business places a strong emphasis on health and safety, operating from a leasehold premises which has achieved and maintained a 5-star hygiene rating and a 5-star TripAdvisor status.

The business is marketed through some of the online marketing channels/delivery partners, which offers scope to an incoming purchaser to increase the presence of this business by further utilising social media, printed marketing and google ads etc… The business currently only utilises one of the food delivery apps, offering scope to expand for any incoming purchaser.

Ideal for someone looking to break into the market or a bolt on acquisition for an existing operator.
The business is operated full time by the owners with a small team of employees currently and is operated Monday to Saturday 8am to 4pm, with extended opening days on bank holidays and the festive season, offering scope to increase opening hours into the evenings and weekends.

The café has been fit out to a high standard and the sale includes all the furniture and equipment in this leasehold premises, with preferable terms from Plymouth City Council.

LOCATION
The business is conveniently located within Plymouth City Market

MANAGEMENT AND EMPLOYEES
The business is managed by a full-time by the owner, who is supported by a small team of staff.

GROWTH OPPORTUNITIES
1. Delivery Partners: The business only currently works with one outside delivery partners, which could easily be expanded to additional platforms with the required staffing resources put in place.
2. Operating Hours: The business is operated limited working days and hours, which could be increased to include additional days and into the evenings.
3. Increase Services: The business has scope to offer outside catering, including deliveries which offers major scope for a new operator to introduce this once again.

PREMESIS
The premises is a first-floor leasehold retail unit within Plymouth Market, which is open fronted with the Café located in a preferable position within the market, with a fitted commercial kitchen and customer seating area, which has seating capacity for

The premises will be made available by way of a new lease with preferential terms to be agreed with Plymouth City Council.

Property Information

Property:

Leasehold