Hilton Smythe are delighted to present to the market Truffles Tea Room, a highly renowned café/bistro business with over 20 years trading history as Truffles with 4 years in its current location/format.
The thriving tearoom is now being offered for sale due to our clients’ desire to pursue a new career outside of catering.
The business offers an extensive menu which includes the following –
Freshly cooked traditional breakfasts
Toasted sandwiches
Ciabatta, Panini’s, Focaccia, Wraps, Filled Bagels
Choice of salads
Pies, sausage rolls & pasties
Hot & Cold daily specials
Homemade buns, scones, pastries & desserts, traybakes
Seasonal specials
Bean to cup fresh coffees, teas and cold drinks, juices
The business attracts a very loyal customer base with many local retired customers, local retail workers and those passing by.
The unit is fully fitted out to a very high standard and would allow any new buyer the ability to walk straight in and continue trading.
In order to increase the capacity of the business, our clients added a new bakery kitchen (located on the first floor) to focus on the bakery side which proved very popular however due to other working responsibilities had to stop.
Our client admits they run the business to suit their needs and there are several areas any new buyer would be beneficial to add to increase the current Turnover –
Extend the current opening hours
Add deliveries, online ordering ability
Add a new website, more social media presence
Apply for and alcohol licence
Add a Sunday lunch menu
Add an evening bistro menu or fixed price menu option
Utilise the unused bakery kitchen for either a wholesale bakery business or separate kitchen to prepare outside catering work
Add more hours by new owner to reduce labour costs
Very rarely do businesses of this standard in this area come onto the open market and we therefore strongly advise early viewing to avoid disappointment.
Financial Profile
We are advised the business has a turnover of £80,000 with an Adjusted net profit of around £28,000
