CoGoGo welcomes to the Betty Bumbles Vintage Tea Room Limited & Bumbles Bar Limited, a unique Tea Room and Cocktail Bar in St Neots, Cambridgeshire.
Founded approximately 10 years ago and owned for the last 5 years by the current owners, Betty Bumbles has gained a loyal customer base and an excellent reputation. This thriving business, fully renovated and beautifully presented, is being sold due to the owners’ desire for a change of direction.
This unique establishment operates as a cosy tea room by day and transforms into an elegant cocktail bar at night.
Key selling points -
A well-established business with a strong reputation and regular customers.
Current owners are willing to offer a handover period for seamless transition.
Ideal for owner-management or a partnership.
Real opportunity for growth, especially by extending opening hours and outside catering.
Financial Profile
Projected turnover: £156,000 for the tea room and £78,000 for the bar.
Approximate stock value: £10,000.
Asset value: £30,000.
Rates payable: Approximately £2,500 per annum.
We are advised that the financial information provided is an estimate, with further financials available upon request.
