CoGoGo are pleased to present the opportunity to purchase Cafe HQ, a thriving and well-established cafe located in the heart of Newton Aycliffe. This well-loved business has been serving the local community for many years, earning a loyal customer base and benefitting from a prime location with excellent footfall and passing trades.
Under the current ownership since November 2023, our client is reluctantly bringing the business to market due to personal relocation plans, offering a fantastic opportunity for an enthusiastic buyer to take over and continue its success.
Key Highlights:
Business Type: Cafe specialising in breakfasts, hot & cold drinks, sandwiches, sweet treats, and more.
Location: Newton Aycliffe - a high footfall area with excellent exposure to local shoppers, businesses, and visitors.
Assets Included: Fully equipped with all necessary kitchen equipment, and appliances - valued at £20,000.
Stock at Valuation: Approximately £2,000 worth of stock included in the sale.
Recent Refurbishment: £40,000 invested in a complete refurbishment, ensuring a modern and welcoming interior with no additional capital expenditure needed.
Reason for Sale: The current owner is relocating, making this profitable business available for a new owner to build upon its established reputation.
Cafe HQ has become a go-to destination for locals and visitors alike, renowned for its hearty breakfasts, barista-quality coffee, refreshing cold drinks, and an irresistible selection of sandwiches and sweet treats. With an emphasis on quality ingredients and fast, friendly service, Cafe HQ stands out as a staple in the community.
The cafe is well-equipped and fully fitted out, meaning the new owner can step right in with minimal disruption. It offers a warm, modern atmosphere with comfortable seating, and the refurbishment undertaken in late 2023 means the decor and fittings are all in top condition.
Growth Potential
While Cafe HQ is already a well-performing business, there is significant potential for growth:
Extended Opening Hours: Currently, the cafe operates on standard hours, but expanding into evening trade, offering light dinners or a bistro-style service, could attract additional customers and increase revenue.
Expanding Delivery & Online Presence: With an ever-growing demand for food delivery, partnering with platforms such as UberEats, Deliveroo, or Just Eat could increase sales, especially for busy professionals and home workers looking for a convenient meal option. Developing a dedicated website with an online ordering system could also drive more business.
Event Catering & Private Hire: Cafe HQ could tap into corporate catering opportunities with local businesses, providing breakfast or lunch platters for meetings or events. Offering the space for private hire, small functions, or evening events like quiz nights further expand revenue streams.
Social Media & Marketing Campaigns: Although Cafe HQ enjoys strong local recognition, an enhanced social media presence could grow the brand beyond the immediate footfall. Regular social media marketing, customer loyalty programs, or local advertising could bring in more customers.
Introducing a Loyalty Program: Building a regular customer base through a loyalty or reward scheme could encourage repeat visits, especially for coffee, takeaway orders, and lunchtime offerings.
Expand Menu Options: There is the potential to diversify the menu by introducing healthier options, vegan/vegetarian dishes, and specialty coffee or smoothies to appeal to a wider customer base.
The sale includes a fully equipped kitchen and front-of-house area, all assets are owned outright with a total valuation of £20,000. The equipment includes high-quality appliances, coffee machines, refrigerators, cooking stations, and serving equipment, as well as tables, chairs, and other necessary furnishings for customer service.
Cafe HQ presents a fantastic opportunity for someone looking to own a ready-to-run cafe in a thriving location. With a strong customer base, excellent equipment, and room for expansion, this business has huge potential for further growth. Whether you are an experienced operator or someone looking to enter the cafe industry, Cafe HQ provides the perfect foundation for future success.
This is a rare chance to acquire a well-established, fully equipped cafe with growth potential in the bustling area of Newton Aycliffe - don't miss out on this exciting opportunity!
Financial Profile
This business generated a turnover of £336,000. Full financials can be made available upon further request.
