Leasehold Coffee Shop & Dessert Parlour Located In Kenilworth For Sale
Expanding Franchise Model
Leasehold Asking Price £65,000 plus SAV (£4,000)
This delightful Coffee Shop & Desert Parlour franchise is located in the highly desirable and affluent town of Kenilworth, Warwickshire. Situated on the main thoroughfare within a prominent and highly visible trading position which produces high levels of passing footfall. Kenilworth has some of the best schools and even has its very own Castle and Elizabethan gardens. Its prime location allows easy access to a variety of places of interest to suit all ages and makes an ideal base to explore the rest of Warwickshire. Kenilworth is steeped in history, offers fine shopping and a wide range of eating establishments and is just a short drive from hugely popular Stratford upon Avon, Royal Leamington Spa, Coventry and Warwick.
Veritas Business Sales are delighted to offer for sale this respected Coffee Shop & Dessert Parlour franchise which is located in Kenilworth. Delightful Desserts Kenilworth opened its doors as a brand new franchise back in December 2017 and is reluctantly being offered for sale due to personal circumstances. Since opening with the help and support of the franchisor they have undertaken a new shop refit with considerable refurbishment and invested in new equipment along with fixtures & fittings which are mostly bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The business is owner operated and employs the help of 3 full time and 7 part time members of staff and has an average weekly turnover of £4,000 excluding Just Eat sales which can be an additional £400 per week. They serve a fine range of freshly ground coffees, specialist teas, afternoon teas, hot chocolates, soft drinks, wines, ciders, beers, cocktails, ice cream sundaes, milkshakes, smoothies, frappes, waffles, crepes, cookie dough, cakes and fruit platters. The business has the benefit of a premises licence to serve alcohol which enables them to cater for special occasions parties such as Birthday, Hen and baby showers to name but a few. All fayre can be enjoyed in the relaxed cosy atmosphere of the restaurant or taken away. What’s on offer is an already established franchise store which is part of an expanding robust brand with 21 stores to date and many more stores set to open. With a full training and ongoing support package in place, innovative marketing and a strong social media presence that gives this recognised brand proven success. We believe that the business would benefit from a husband & wife combination or a more hands on owner operator to reduce staffing costs and make this even more profitable. The business has in a short space of time already built a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with new passing trade. This is a superb opportunity to purchase an existing franchise where all the hard work has been done which is a great base to build upon and as such early viewing is highly recommended as this business is not to be missed.
Monday – Sunday – 11.00am – 10.00pm
Original term: 5 years
Remaining : 4 years
Rent: £15,000 pa
Business Rates: zero
Café comprising: tables & chairs to cover (40), serve over sales counter with EPOS till system, 2 x serve over ice cream freezers (22 flavours), 2 x waffle machines, crepe machine (Krampouz), various wall mounted shelving, 2 x under counter fridges, microwave (Kenwood), stainless steel double sink, worktop with another 2 under counter fridges, dual head espresso coffee machine (Monroc), coffee grinder (Quamar) and blender (Belentec).
Under stairs storage with wall mounted shelving and an ice making machine.
Customer W/C with changing facilities.
Washroom with stainless steel double sink drainer, wall mounted shelving and dishwasher (ClassEQ).
Dry stores with 2 under counter fridges, upright freezer, chest freezer and storage shelves.
Small rear yard with bin area.
All equipment is owned and included within the purchase price apart from the coffee machine, EPOS till system and dishwasher which is on lease.