Highly rated cafe for sale

Business
Please quote reference B07697

CoGoGo are delighted to welcome to the market The Bay, a highly rated cafe and gift shop opportunity in Melton Mowbray, Leicestershire.

The business was first established by our clients in 2021, building up an excellent reputation and regular client base during its short time of trading. As seen by the online ratings and reviews, the business is extremely popular with the area. 

The Bay has now come to the open market due to our clients wish to retire. 

The Bay has a traditional cafe menu, with additonal revenue generated through the gift shop side of the business. They currently have a 8am to 9pm trading licence, with the opportunity to apply for an increase. 

The business boasts a 4.5 star rating on Google, with many excellent reviews. 

Key selling points –

• Repeat custom
• Handover period offered
• Scope for expansion
• High footfall location

Scope for further growth –

• Create a business website
• Look at marketing/advertising
• Increase trading hours
• Offer a delivery service in the local area

A breakdown on all the fixtures, fittings and equipment included in the sale can be made available upon further request. 

Location
The Bay is located on Sherrard Street, in Melton Mowbray, Leicestershire.

The business has eye catching signage and receives high levels of footfall and passing trade. 

Premises
Well designed with modern decor throughout the cafe. Renovated to a high standard.

18 Covers to the front of the cafe, with 14 to the rear and 16 upstairs. 28 Covers outside, with 3 picnic benches and 6-8 tables. 

2 Bedroom flat on the first floor – currently used as living accommodation

Tenure
We are advised that the business is being sold on a Leasehold basis. The rent is £15,000 per annum. 

Hours
The current trading hours are –

Monday to Thursday – 9:00am – 3:00pm

Friday – 9:00am – 5:00pm

Saturday – 9:00am – 3:00pm

Sunday – Closed

Staff
We are advised that the business is run and managed by both owners with the help of 3 staff member. 

Financial Profile
This business generated a turnover of £80,000. Further financials can be made available upon request.