Business
Please quote reference B08246
CoGoGo presents a fantastic opportunity to acquire a well-established and profitable cafe, The Sugar Loaf, located in the vibrant community of Freshwater on the Isle of Wight.
This beloved cafe has been under our client’s ownership for the past 12 years and boasts an excellent reputation for service delicious breakfasts, bagels, sandwiches, pancakes, milkshakes, hot drinks, and more. With a loyal customer base and a steady stream of visitors, The Sugar Loaf benefits from a prime location that enjoys high footfall and passing trade throughout the day.
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Key Features:
- 12 years of successful trading with an established and well-regarded brand.
- Consistently profitable business with room to expand trading hours and menu offerings.
- Ideal Location, capturing high footfall from both locals and visitors.
- Cozy and welcoming ambiance with the potential to grow indoor and outdoor seating
Opportunities for Growth
While The Sugar Loaf is already a thriving business, there is several opportunities to expand and further increase profitability:
- Extended Hours: Expanding the cafe’s opening hours to include weekends or early evenings could attract a new customer demographic, such as families and evening diners.
- Delivery & Takeaway Service: Introducing a delivery or takeaway service through popular food apps could significantly boost sales, especially with the growing demand for convenience.
- Catering Services: Expanding into catering for local events, parties, or corporate meetings would provide an additional revenue stream.
- Enhanced Marketing: An increased focus on online marketing, social media engagement, and local collaborations could raise the cafe’s profile and attract more customers from the wider Isle of Wight area
- Seasonal Menus & Offers: Implementing seasonal specials or offers could draw in more repeat customers and capitalise on holiday and tourism seasons.
This is a rare chance to take over a well-loved, turn-key cafe with proven success and plenty of potential for growth. The Sugar Loaf is perfect for anyone looking to continue and expand upon an already thriving business in one of the most charming areas on the Isle of Wight
For further details or to arrange a viewing, please get in touch with CoGoGo!
Location
Positioned in the bustling area of Freshwater, the cafe enjoys strong foot traffic from both local residents and tourists, making it a highly sought-after spot for breakfast and lunch.
Premises
The Sugar Loaf occupies a charming, single-fronted premises, drawing attention with its eye-catching signage that invites passersby inside. Upon entering, customers are greeted with cozy indoor seating and a well-organised service area, featuring a drinks fridge and board menus above the counter for easy browsing of the offerings.
Tenure
This opportunity is being sold on a Leasehold basis.
Further details can be discussed upon negotiation.
Hours
The current operating hours are:
Monday to Thursday – 9:00am to 3:00pm
Friday – 8:30am to 3:00pm
Saturday – 8:30am to 2:00pm
Sunday – Closed
Staff
This business is run and managed by our client with the help of 2 staff members.
Financial Profile
This business generated a turnover of £80,000. Full financials can be made available upon further request.
