Paul Hubbard Commercial is delighted to present this highly popular vegan café and deli business in Lowestoft town centre.
The business is located at 127 London Road North, a property that received nationwide coverage in 2021 following a visit from world famous street artist Banksy, and is now available to purchase due to a change in circumstances for the owner.
The current lease runs until July 31st, 2025, with an annual rent of £4740, which is incredibly reasonable for such a well positioned unit on the main High Street in Lowestoft. The lease is renewable, and it’s likely the landlord would grant a new lease to the new owner.
As well as serving a large array of freshly prepared foods such as sandwiches, bagels, sausage rolls, cakes, soups, smoothies, and ice cream, The Salty Crow also offers a wide selection of plant based products for customers to take home and stock up their fridges and pantries with.
Due to other work commitments, the café and deli has operated on limited hours since it opened last year. They are currently open on Thursday, Friday, and Saturday between 10am and 4pm, so there is huge scope and demand to open for longer hours and extra days.
There is huge potential to grow the business, and it is with a heavy heart that the owner is looking to sell.
As well as extended opening hours, there is also the opportunity to take on more outside catering at local events, pop-ups, and partnerships with local pubs, restaurants, and businesses. There is also a small commercial unit next door, which will soon become available, so if the new owner wants to expand right away, there is the option to do so.
Expanding the product range and offering delivery services is another way the new owner could see immediate growth, so there is lots of potential to build on the fantastic foundations this business has to offer.
In terms of staffing, the business could operate successfully with two full time staff members, with occasional support from a part time member during busier periods. Sales figures for the first year of trading are also available upon request.