The Meeting Place, High Street, Sheffield, S20
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- SECTOR
Cafe for sale
Key features
- BUSINESS FOR SALE! £74,950 + SAV
- PLEASE REQUEST FULL DETAILS/SALES BROCHURE VIA CONTACTING OUR OFFICE.
- Prime trading position
- Fully fitted, quality fixtures, fittings & equipment
- Excellent reputation
- Local and loyal clientele
- Established business
- Excellent sales & profits achieved!
- Early inspection strongly recommended to avoid disappointment.
Description
The business has established an excellent reputation over the years and attracts a very regular local and loyal clientele. The café occupies a desirable position along the charming High Street of Beighton and by virtue of its prime location, it not only draws in local customers but also benefits from passing trade and visitors from surrounding areas.
The business currently operates on restricted opening hours during the week which allows for considerable sales and profit increases simply by opening later and subsequently adding on bistro evenings or an evening takeaway offer. Expansion into a variety of areas of additional revenue would require little or no extra investment.
The café sells a selection of hot and cold drinks such as specialist teas, barista coffees, luxury Hot Chocolate etc. as well as serving breakfast, brunch, lunch, afternoon teas and daily specials.
Takings £162,358 on March 2024 accounts.
Gross Profit 68%.
Adjusted Net Profit in excess of £20,000.
Sales and profit growth have been consistently strong over the last two years, with a clear emphasis on increasing gross profit. Recent initiatives by the owners have resulted in significant improvements in gross profit margins and reduced wage costs, which can be clearly demonstrated to potential buyers.
Only by personal inspection can one truly appreciate the surprisingly spacious premises, which are equipped with quality fixtures, fittings, and equipment.
We encourage you to visit soon to experience firsthand the unique charm and potential of this exceptional opportunity. With its attractive price, we anticipate significant interest, so don't miss your chance to see what makes this business stand out.
Business £74,950 + SAV
Sheffield, South Yorkshire.
Leasehold.
Reference. RM10606
The Meeting Place, High Street, Sheffield, S20
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Beighton/Drake House Lane Tram Stop0.5 miles
- Waterthorpe Tram Stop0.9 miles
- Crystal Peaks Tram Stop1.0 miles
Thinking of selling your business?
Here at Alan J Pickens, using our 40 years experience in business transfer, we know exactly what it takes to sell your business. We are a family run business, renowned for
offering a personal and professional service- we are an established brand that you can trust.
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We do not take a business on to sell unless we believe we can sell it. Some agents will take on businesses at an over-inflated valuation ju
Notes
Disclaimer - Property reference RM10606. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Alan J Picken, Ilkley. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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