Business for Sale in Hemel Hempstead, Hertfordshire - Exciting Cafe and Coffee Shop in Shopping Centre: Hemel Hempstead - Leasehold: £299,950

Key Information

Ref
C33853B
Type
Food Service Businesses: Cafes
Location
England: Hertfordshire
Tenure
Leasehold
Status
For Sale
Annual Sales
£483,000 Ex Vat
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  • Town Centre Shopping Centre Location
  • 2,000 square feet in total
  • Extremely well presented
  • High levels of footfall seven days a week
  • Base rent £38,000 per annum plus 10% of sales over £400,000
  • Gross weekly takings around £10,000 per week and increasing approximately 15% year on year
  • Very high (77%) gross profit margin

Everett Masson and Furby are delighted to offer for sale a busy and succesful food led coffee shop located in a prime position in a town centre shopping centre with a high level of footfall for seven days a week.

The business was purchased and remodelled by the present owner, who has a lifetime's experience in the food industry which he has used to launch a food led coffee offering that is designed to be able to be easily replicated in other locations.

The business is on the market only due to the wishes of the owners to take a well earned retirement, leading to an exciting opportunity for an ambitious entrpreneur to take the business to its natural level.

The business is presented in excellent condition, whilst the owners insistence on high levels of customer service have resulted in a loyal customer base. The business also benefits from significant passing trade due to the excellent location.

Early viewing is highly recommended through sole agent Everett Masson and Furby.

PRICE: £299,950 to include the benefit of the Lease, Goodwill, Fixtures, Fittings & Equipment, plus stock at valuation.


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