Established Independent Coffee Shop
CardiffFood & Hospitality
Financial summary
- Asking price
- £125,000
- Annual turnover
- £240,000
- Net profit / cash flow
- £68,000
- Tenure
- Leasehold
- Business type
- Established business
- Employees
- 4
- Established
- 2016
- Seller
- Private seller
About this business
A long-established independent coffee shop occupying a prominent corner unit on a busy neighbourhood parade. The business trades seven days a week serving speciality coffee, breakfast and lunch, with a strong takeaway trade in the mornings. The shop seats 28 inside with two pavement tables under licence. Equipment is owned outright and includes a two-group espresso machine, grinders, prep fridges and a display counter. Two experienced baristas and two part-time staff are in place and would consider staying. The current owner works front of house four days a week. Trade is built on repeat local custom rather than tourism, and the business has traded profitably every year since 2016.
Business details
Reason for sale
The owner is relocating and is unable to continue running the business day to day.
Premises
Ground floor corner retail unit of approximately 780 sq ft with rear prep kitchen, staff WC and small yard for storage.
Lease information
Assignable lease with 7 years remaining at £18,000 per annum, tenant repairing, rent review in year 4.
Growth opportunities
Evening opening is untested. Wholesale bean sales, a small events offer and delivery platforms have all been trialled only briefly.
Assets included
All catering equipment, furniture, till system and fittings included.
Training and support
Two weeks of handover included, with supplier introductions.