Trendy Family Café in East London

  • Rental Property
  • Huge Potential
  • Prime Location
  • Heavy Footfall Area
  • Unique Opportunity
  • Residential Area
  • Highly Rated
  • Established Business
  • Proof of Funds Required

Description

Silk Letting Ltd are proud to present to the market a trendy family-run artisan café serving freshly made products with a Mediterranean twist.

During their time of running the business the current owners have built up an excellent reputation with the locals and have created a widely renowned popular friendly cafe that has gained many 5 * reviews across multiple platforms.

The business is ideally situated in a prime location in a busy area with no immediate competition and is close to residential and commercial areas.

The business has a fully functional website as well as pre-established delivery agreements with Just Eat, Deliveroo and Uber Eat. The business currently has a license for an outdoor seating area that can accommodate an additional 12 covers and an alcohol license is pending.

The business has recently undergone a £100,000 refurbishment meaning all equipment and machinery are like new.

 

Location and Amenities:

Situated on a busy high street in East London, it is in a prime location with a high footfall of passing trade and walk-ins. The business is surrounded by local amenities and other businesses.

Close to the A10 with good transport links, parking at the front of the business and a car park close by making the business easily assessable for both the owner and customers.

 

Growth Potential:

This is a perfect opportunity for any new owner looking to purchase a well-established business with the potential for further growth.

The current owner doesn’t currently market the business creating the perfect opportunity for any new owner to embark on a marketing campaign that would increase sales and net profit.

This already successful business could increase revenue by extending opening hours and including an evening menu. Offers and discounts throughout the week at quieter times to increase business and net profit.

Update the current website to allow customers to book/order online reaching a larger target market.

Increase social media following by running incentives/competitions for customers on Facebook and Instagram accounts to boost social media following and encourage more customers to order online or visit the shop.

 

Financial Profile:

Tenure: Lease – Rents property only – 11 years remaining on the lease

The business benefits from small business rates relief meaning it does not pay any business rates.

Turnover is available upon request.

 

Property:

The property has recently had a £100,000 refurbishment throughout with modern contemporary décor and lighting. The refurbishment included all electrics, fittings and equipment.

The business is located over one floor and consists of a seating area with approximately 24 covers, a counter area, a kitchen, customer toilets, an office and a stock room. The business also benefits from an outdoor space that can accommodate up to 12 covers and a backyard.

 

Security:

The property is fully secured with CCTV cameras throughout and a roller shutter at the front of the property.

 

Fixtures and Fittings:

All stock, fixtures and fittings are included in the asking price making it fully equipped and ready for any new owner to take over and continue running. All fixtures and fittings are brand new.

A full list of assets is available upon request.

 

Staff:

The business currently employs 2 staff members, none of them will be staying once it is sold, creating the perfect opportunity for any new owner looking to run a well-established business themselves or to build their own team.

 

This is a turnkey opportunity for any new owner looking to purchase an already existing business with the opportunity to increase revenue by extending the opening hours.

The business is currently open:

Monday – Sunday – 8 am – 7 pm

 

Reason for Sale:

The owner is selling the business due to moving abroad. This creates the perfect opportunity for any new owner to take over an already well-established and profitable business.

 

Would you love to be running an already successful business and call it your own?

This is a business to get excited about and it is a rare opportunity in the market. We anticipate great interest in this amazing listing, and we don’t anticipate this business to be on the market for long.

This is a huge and unique business opportunity to become your own boss and carry out your passion daily.

A viewing of this business is highly recommended to appreciate its true value and the potential it has for any owner.

 

VIEWING STRICTLY BY APPOINTMENT!

 

If you are interested, please contact us to discuss any sale enquiries or arrange a viewing on 0161 519 1205.

Contact Us

VIEWING STRICTLY BY APPOINTMENT!

0161 519 1205

admin@silkletting.co.uk

Finance options available

Speak with us about our flexible financing options

0161 519 1205

info@silkletting.co.uk

Contact us for more details, or book a viewing

Once an enquiry has been submitted you will receive a call from our team within 3 business hours.