Property Information
Address:
Leeds, West Yorkshire
Price: Property no longer available.
Size: SOA
Primary Category: Businesses For Sale
All Categories:
Businesses For Sale,
Property Ref/Movehut: MH517148
Property Ref/Agent: 2960-busy-caf-and-eacute-in-rothwell-leeds-for-sale
*Please use the agent ref when calling the agent directly.
Property description
Hilton Smythe is delighted to welcome to the market Brew Tea Rooms. Our client first opened the store over 5 years ago, but is now looking to sell due to other business interests.
This is a fantastic coffee shop deriving its income from a traditional menu. The menu includes a range of foods like, breakfasts, hot and cold sandwiches, paninis, toasties, jacket potatoes, soups, gluten free cakes and a full range of quality teas and coffees.
We are advised the current turnover for the business is around 60,000 with a great net profit of over 25,000, this is with short opening hours so there is a lot more scope. We believe there is scope to increase turnover with a hands on new owner.
We are advised the business generates an additional income from providing a catering service for local fayres, bonfire nights and carnival days. This side of the business could be something the purchaser looks into on a regular basis.
The coffee shop has approximately 37 covers and also benefits from a seating terrace to the front and back of the store which has over 25 covers. We are advised that there is potential to increase covers to over 60. This is a brilliant premise in a great trading location receiving custom from passing trade but mostly loyal repeat custom.
This is a fantastic opportunity for a purchaser looking for this type of business. The area is perfect for the trade and the shop comes fully fitted. This would be a great start up or bolt on business. Hilton Smythe highly advise early viewing to avoid disappointment.TENUREWe are advised the business is Leasehold.
Original lease length: 5 years
Rent: 10,392 per annumHOURSThe business is open-
Monday - Saturday: 9am - 2.30pm
Sunday: ClosedSTAFFThe business is run and managed by a manager with the help of 3 part time members of staff.FINANCIAL PROFILEThe business generates a turnover in the region of 60,000 per annum.
With a gross profit of around 75%
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