Wigston's Favourite Café Up for Sale - Potential for Growth and Expansion

Wigston, Leicestershire
REF: INT3362

Asking Price:
£40,000
Annual Turnover:
£156,000
Annual Net Profit:
£48,000
REF: INT3362
Photo of Wigston's Favourite Café Up for Sale - Potential for Growth and Expansion
Photo of Wigston's Favourite Café Up for Sale - Potential for Growth and Expansion
Photo of Wigston's Favourite Café Up for Sale - Potential for Growth and Expansion
Photo of Wigston's Favourite Café Up for Sale - Potential for Growth and Expansion

Overview

Tenure:
Leasehold
Established:
2016
  • Excellent Reputation
  • Friendly & Professional Team
  • Very Loyal Customer Base
  • Huge Growth Potential
  • Wide Variety of Products & Services

Nestled in a vibrant residential area, this well-loved café has been a cornerstone of the community for over 7.5 years. With its warm ambiance, stylish décor, and exceptional service, it has cultivated a loyal customer base and earned a stellar reputation.

A true neighbourhood gem, the café offers a welcoming and contemporary dining experience that attracts a diverse mix of local patrons. Its inviting atmosphere and friendly service have been key to its ongoing success, making it a go-to destination for residents seeking quality coffee, delicious food, and a relaxed setting.

The café has also partnered with Just Eat, expanding its geographical reach and tapping into the growing demand for convenient food delivery. This collaboration presents an opportunity for further growth, with the potential to add other platforms like Uber Eats and Deliveroo.

With a net profit of £48,000 and a strong profit margin of 31%, this is a rare opportunity to take the reins of a well-established, community-focused business with proven operations, a strong brand presence, and significant potential for further growth and expansion.

The café is housed on the ground floor of a terraced building and features a clean, smart, and fresh internal layout. The décor is modern and attractive, making it a pleasant place for customers to dine in. The premises come fully equipped, with all inventory included in the sale, ensuring a seamless transition for the new owner.

The café employs a total of 6 staff members, with 3 full-time and 3 part-time employees. The current owner is involved in high-level operations, with the staff members overseeing the running of the business and contributing to the café’s personal touch and high level of customer service. The café serves a combination of loyal repeat customers and new visitors, maintaining a good balance of regular and occasional clientele.

The café has a 3-year lease with 1.5 years remaining, providing stability for the new owner to continue operations without immediate concerns about lease renewal.

There is significant potential for future growth for this café. Currently, the café does not engage in any regular advertising, relying instead on social media and word-of-mouth referrals to attract new customers. Expanding its marketing efforts could help increase visibility and attract a larger customer base.

The café also has the opportunity to expand its geographical reach by partnering with food delivery services such as Just Eat and Deliveroo. This would allow the café to serve customers beyond its immediate locality, tapping into the growing demand for convenient, high-quality food delivery options.

While the café is not currently looking to expand its staff, maintaining the existing team and focusing on enhancing customer service and operational efficiency will be key to sustaining and growing the business.

Location

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  • High Footfall

Property

Annual Rent
£20,000
Annual Rates
TBC
Lease Term (Years)
3
Lease Expiry (Year)
2027
Accommodation Included
No
EPC Rating
TBC

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
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Trading Entity
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Management Structure
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Number of Employees
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Current Ownership
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