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Highly Rated Cafe In Southampton For Sale

Southampton, Hampshire, UK
Asking Price:
£59,995
Turnover:
£152,557
Net Profit:
Available on request

CoGoGo are delighted to welcome to the market Retro Cafe, a highly rated cafe in Southampton.

Retro Cafe was first established in 2014, with our client taking over in 2018. As seen by the online ratings and reviews, it's extremely popular within the local area, building up an excellent reputation and regular customer base.

The business has now come to the open market due to our clients desire to pursue other business ventures. The vendor is keen to see her beloved Cafe/Coffee Shop passed to an ambitious and entrepreneurial new owner(s) who can take this already thriving business to the next level.

This retro style cafe offers a wide variety of food, as well as hot and cold beverages.

Key selling points -

Great location
Excellent reviews
Ideal family run business
Bespoke decor & furnishing
Alcohol licence in place

Scope to improve -

Increase advertising/marketing
Extend the trading hours.

Financial Profile

We are advised as per the 2022 accounts, the business generated a turnover in the region of £130,000. Further financials can be made available upon request.

Property Information

Property:

Leasehold

Location:

Retro Cafe is located on Bedford Pl, in the heart of Southampton.

The business has eye catching signage and receives high levels of footfall and passing trade.

Retro Cafe is within close proximity of the Royal South Hants Hospital and Solent University.

Premises Details:

The café is a substantial size. Across the front of the property are large windows, this allows for a bright and airy interior.

Inside is the open plan seating area. The seating choice allows for a clean open feel. There are several two-seater tables around. Behind is the kitchen area which is visible to the seating area.

Through to the rear of the property is a storeroom, customer toilet, preparation area, further storage and refrigeration storage.

The premises only has an electrical supply and there is no gas.

Business Operation

Trading hours:

The current trading hours are -

Monday to Saturday – 9:00am – 4:00pm
Sunday – 10:00am – 3:00pm

Employees:
We are advised that the business has 6 members of staff (2 chefs - 30 hours, 1 manager 35h hours and 3 part-time)