The Meeting Place, High Street, Sheffield, S20

Alan J Picken are delighted to offer this Most Popular, Independent Cafe onto the market.

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