Total of 18656 firms and businesses for sale today Saturday 27th April 2024
Sold. Branded Licensed Coffee Shop In Prime High Street Retail Location
LISTING DETAILS
Firms For Sale ID:
34203
Vendor reference:
AC349
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£120,000
Turnover / revenue:
£242,000
Net profit / cashflow:
Undisclosed
Trading hours:
8am to 6pm Mon to Fri. 8.30am to 5.30pm Saturday
Number of employees:
16
Employees / staffing:
The site is currently run by the owner on a part time basis. By their own admission the business would benefit from a much more hands on approach. In addition to this the business employs the following personnel.
OTHER DETAILS
Reason for selling:
The owners are looking to move abroad in the next two years so deem this the right time to sell.
Support and training:
A full period of training, handover and familiarisation will be provided to ensure a smooth transition to new ownership.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
Branded Licensed Coffee Shop in prime high street retail location
Ref.AC349
Location Aberystwyth, Cardigan Bay, Wales
Asking Price GBP 120,000
This is an outstanding opportunity to acquire a superb cafe bar ideally located within the bustling university town of Aberystwyth.
This sit down high class cafe bar business offers excellent coffee and other drinks (including alcohol), pastries, tempting cakes, lunchtime snacks and has seating for 60 people. A certain element of takeaway drinks is also provided. The lunchtime food offering consists of a varied menu and also has stables of paninis, ploughmans, soup, ciabattas and flatbreads.
The cafe is fitted out to a very high standard and has a pleasant and ambient atmosphere. A kitchen is located to the side along with a separate dishwasher area.
The profile of trading is more constant throughout the day. Saturday is the best day of the week.
The business operates a full EPOS system with a linked loyalty card offering with discounts available to repeat customers.
Market / Competition / Non-Competition Agreements
The business undertakes very occasional advertising within the local paper. It also utilises loyalty cards but would benefit from a more targeted marketing plan, better poster displays, addressing all media activities, including leaflet drops and local radio. It also has its own informative website.