Status: Completed
Tenure: Leasehold
Leasehold Rent: £440 per week
Turnover: £130,000
Cafes/Tea Rooms/Coffee Shops in StaffordCafes/Tea Rooms/Coffee Shops in StaffordCafes/Tea Rooms/Coffee Shops in Stafford
£49,950 + SAV

Cafes/Tea Rooms/Coffee Shops in Stafford

Completed
  • Reference: 1120
  • Location: Stafford, Staffordshire
Hilton Smythe is delighted to introduce to the market this fantastic opportunity to acquire a thriving market café business in the heart of Stafford. The café has been under the careful control of our client for a number of years and, under his proprietorship, has developed a loyal and repeat customer base. Operating on a four day trading week, the business offers the concerning purchaser a fantastic 'change of lifestyle' opportunity, to own a profitable business with huge potential to expand. The business does not presently offer outside catering and, turnover and profits could be vastly increased with such an offering.

Further, cost savings are easily identifiable in this business; the present owner does not work in the business. A purchaser willing to work in the business could reduce the wage bill substantially thus, increasing the profitability to a very desirable level in the current economic climate.

TENURE

Leasehold on a rolling basis with rental at £440 per week.

HOURS

Monday: Closed Thursday: 8.30 - 15.30
Tuesday: 8.30 - 15.30 Friday: 8.30 - 15.30
Wednesday: Closed Saturday: 8.30 - 16.30
Sunday: Closed

STAFF

The business is operated by 5 full time staff members.

FINANCIAL PROFILE

Turnover is in the region of £2,500 per week achieving a 75% gross profit.
This popular café is situated within a busy market in Stafford, Staffordshire. Situated approximately 16 miles north of Wolverhampton and 18 miles south of Stoke-On-Trent, the business is well served and connected by the adjacent M6 motorway at junctions 13 to 14 not to mention the superb public transport links due to its prime town centre location.

With local attractions such as Stafford Castle, The Shire Hall Gallery and Victoria Park, Stafford benefits from a good volume of tourist trade in addition to its many local residents, upon which, the business has earned an enviable reputation.
The premises comprises of a lock up market unit, which houses a substantial open plan 56 cover seating area, serving counter, food and drink preparation area and has an inventory of equipment, including but not limited to: Coffee machine, 3 x Samsung microwaves, Bain Marie, floor standing deep fat fryer, standard domestic cooker, fridge freezer, chest freezer and refrigerator complete with cash register and various utensils. The kitchen area benefits from stainless steel work surfaces, tiled walls and full extraction system.