Sold

Fully Refurbished and Equipped Cafe

Skipton, North Yorkshire

£74,950 +SAV

Ref: 2891 B

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Description

Hilton Smythe is delighted to introduce to the market Caffé Capo. This family run café has been open for just over a year. Our client set up the café very recently, but is now looking to sell due to health problems. The café has been very popular building up a fantastic turnover over the few months its been establised. We are advised the current turnover for the business is around £174,000 per annum, with a gross profit of 70%. This is great but we believe the turnover could be increased by adding to the menu. The café currently offers a great simple menu with products such as, sandwiches, toasties and jacket potatoes each with a range of fillings. This is fantastic however we feel by adding hot meals such as curries, pies and hot breakfasts etc there will be a great increase in turnover. The business could also increase opening hours this will boost custom. Opening Sundays throughout the year will target more tourists. The new owner could look into opening evenings and/or by setting up a restaurant in the evening. The business could also be run full time as a restaurant. It could be profitable to look into getting an alcohol license. On the first floor of the premise is a large room this would be perfect to increase the café or restaurant space, the café currently has covers for 75. This space could be used as a function room for parties, meetings and christenings etc. The premise has been totally referbished and is the perfect turnkey opportunity, included in the sale is the new expensive equipment. This is a fabulous opportunity for a buyer or family looking at buying in this sector of business, there is a lot of potential for this cafe. Hilton Smythe highly advise early viewing to avoid disappointment.

Tenure

Leasehold

We are advised the business is leasehold Original lease length 10 yearsCurrent lease length 9 yearsBreak clause after 3 and 6 years. Rent £28,000 per annum

Hours

The business opens:- Monday - Saturday: 8:30am – 5pmOpens Sunday’s in the summer from 9:30am to 4pm.

Staff

The business is run and managed by the owner with help from 3 full time members of staff. There is also a weekend member of staff.

Financial Profile

The business reports a turnover of £174,000 per annumWith a gross profit of 70%

Location

Caffé Capo is located in Skipton town centre, North Yorkshire. This town centre location is perfect for a family run café. The area always receives a huge amount of footfall and custom. The business is situated just a short walk away from Skipton Castle, a great tourist attraction in the town. There is an abundance of shops in the area, with many eateries and restaurants around. There are some large chain stores and some small independent traders such as, William Hill, Specsavers, Clarks, a bridal store, charity shops, banks, bakeries, clothing stores and much more. The area has a great infrastructure with bus stops located all around the town. The business is just a short walk away from the Leeds and Liverpool canal, which offers boat trips and days out. The closest train station is an 8 minute walk. Leeds is approximately 27 miles away, which is an easy commute using the A65, which runs directly into the centre.

Premises

This premise is a fully refurbished two storey property perfect for this business type. The front of the property is well signed, and looks attractive to customers. The main café area is a coffee lounge with air conditioning laid out for 75 covers. Equipment included in the sale is as follows-24ft servery with integrated refrigeratorConfectionary display unit Spaziale 3 x Group coffee machine Coffee grinder Counter top hot water boiler Electric till3x Door under counter drinks display chillers 2x Counter fridges Card machine Ice cream display freezer All fixtures and fittings The kitchen is open plan with all brand new stainless steel equipment and has a none slip floor covering and upvc clad walls. Equipment includes-Stainless steel work surfaces around the perimeter Salad bar with 3x undercounted fridges 3x Microwaves 3x Lincat grills Modern jkt potato oven 2x Upright fridges Under counter freezer Washing up station with commercial dishwasherStainless steel unit and a separate wash hand basin On the ground floor are also the ladies and gents toilets. The first floor has a landing area with staff lockers and access to the rear car park. There is a stockroom with a washing machine a small office, ladies and gents toilets and a large 33ft x 16ft room, which could be made into a function room.

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