Very Popular Coffee Shop In Bromsgrove For Sale

Bromsgrove, Worcestershire, UK

Asking Price:: £95,000

Turnover:: £209,000

Net Profit:: £61,000

+ 3 images

This is an opportunity to acquire a very popular and highly reputable coffee shop which enjoys an excellent reputation particularly for the quality of the coffee and also the home-made cakes and tray–bakes made in-house.

Our client offers an enticing menu which includes – home-made cakes, tray bakes and scones, a variety of breakfast dishes including croissants, toast, scrambled eggs and oats. The menu also includes a good selection of sandwiches, wraps, toasties, tossed salads and jacket potatoes, with ‘build your own’ sandwiches also very popular. Afternoon teas are available and the business has an excellent reputation for the quality of the waffles they make. There is a good selection of speciality coffees and teas together with cold drinks including smoothies and milkshakes. The business benefits from an alcohol licence and bottled beers and wines are available to accompany food orders. All meals are made from scratch and the home- made items make an excellent, hard to resist display when customers enter the shop.

Bromsgrove, Worcestershire, offers the perfect setting for a thriving coffee shop. The town boasts a mix of historic architecture and contemporary amenities, creating a charming backdrop for businesses. With a growing population and a steady stream of visitors, Bromsgrove provides an ideal market for a business like this. Located on the High Street and surrounded by local shops, offices, and residential areas, the coffee shop benefits from a steady flow of foot traffic.

The business benefits from Class A3 planning consent and there is potential to expand the current menu should a prospective purchaser so wish. There is also scope to introduce an evening bistro menu or operate as a wine bar/tapas bar, subject to any planning consents and Landlords consent that may be required.

In conclusion, this is an excellent opportunity to acquire what is currently a very popular daytime coffee shop with scope to develop significant evening trade from a bistro menu tapas bar or wine bar. The business enjoys an excellent reputation for both the quality of the menu and levels of service provided and is ideally suited to a full time working couple. An internal inspection is invited and it should be noted that at the request of our client all inspections must be by prior appointment only through Business Partnership - No direct approach should be made to the proprietor or staff. Ref: AC9026SJG

This charming coffee shop is located in a bustling area of Bromsgrove, known for its historic charm and vibrant community. The business has become a beloved fixture, offering a warm and inviting atmosphere for both locals and visitors. This well-established business is now available for sale, presenting a fantastic chance for entrepreneurs or individuals looking to enter the vibrant world of hospitality.

Class A3/E.

An alcohol premises licence is held.

Key features:
- Prominent high street trading location
- Very popular coffee shop with excellent reputation for home-made produce
- Class A3 (restaurant & café) planning consent
- Seats up to 50 customers inside with pavement seating to frontage for up to 20 customers ‘alfresco’
- Potential for expansion and growth.

Property Information

Property:: Leasehold

Lease Terms:

The premises are held on an effective fully repairing and insuring lease for a period of 10 years from 25th March 2018 at a passing rent of £22,000 per annum, exclusive of business rates, plus -.-.-., subject to a mid-term rent review 25th March 2023. The lease is excluded from the renewal provisions of the Landlord & Tenant Act 1954 (and subsequent amendments).

Subject to status, the landlord may require a rent deposit equivalent to 3 months or 6 months annual rental to be held for the duration of the tenancy. Purchasers should take this into consideration when preparing financial forecasts and budgets.

Location:: Town centre trading location

Premises Details:: The well-presented ground-floor lock-up mid parade property briefly comprises front seating area 589 sq. ft., rear seating area 171 sq. ft. (overall seating available for up to 50 customers) kitchen 167 sq. ft. and wash-up area 37 sq. ft. There is also a lobby area with toilet. To the rear of the property there is parking included in the lease for three vehicles although it is usually possible to park five cars. There is alfresco seating on the pavement to the frontage for up to 20 customers.

Business Operation

Reasons for selling:: Vendor has moved out of the area and also has other non-related business interests.

Trading hours:

The business currently trades:
Monday to Saturday 9.00 a.m. to -.---.-./6.00 p.m.
Sunday: 10.30 a.m. to 4.00 p.m.

Vendor: Not involved in the day to day operation. Deals with payroll and staff recruitment, spending 3-4 hours per week on running the business.

Vendors’ wife – makes some dishes at home – nominal input – approx. 2 hours per fortnight.

The following staff are currently employed:
Manager – 25 hours per week.
Baker – 35 hours per week.
2 x Front of house – one 30 hours per week and one 25/30 hours per week.
3 x Front of house/kitchen – 30, 30, 16 hours per week.
Front of House – flexible hours – usually holiday cover.
Front of House – (vendors’ daughter) flexible hours – weekend.

Staff costs in the accounts for the 7 months to 29th February 2020 were £54,689 or 45% of net sales £122,347. With a hands on working couple we would expect to see a staff to turnover ratio of between 25% and 30% for a business of this nature.