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The Market, Plymouth, Devon, PL1

Offers in Region of
£53,000

Business rates & charges may apply

Goodwins Business Brokers Ltd, Rotherham
SIZE

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SECTOR

Cafe for sale

USE CLASSUse class orders: A3 Restaurants and Cafes

A3

Key features

  • Established Business
  • 43 Covers
  • Turnover circa £110k per annum
  • 5 Star Trustpilot Reviews
  • High Quality Fit Out
  • Networks with Delivery Partners

Description

Turnover circa £110k
Adjusted Net Profit circa £40k

Tasties Café is a marketplace café with an enviable local reputation for preparing freshly made hot and cold food from a high-quality lease hold premises with capacity for 43 covers on site rated the No.1 café in Plymouth on Trip Advisor and No.4 in Devon!

The business places a strong emphasis on health and safety, operating from a leasehold premises which has achieved and maintained a 5-star hygiene rating and a 5-star TripAdvisor status.

The business is marketed through some of the online marketing channels/delivery partners, which offers scope to an incoming purchaser to increase the presence of this business by further utilising social media, printed marketing and google ads etc... The business currently only utilises one of the food delivery apps, offering scope to expand for any incoming purchaser.

Ideal for someone looking to break into the market or a bolt on acquisition for an existing operator.
The business is operated full time by the owners with a small team of employees currently and is operated Monday to Saturday 8am to 4pm, with extended opening days on bank holidays and the festive season, offering scope to increase opening hours into the evenings and weekends.

The café has been fit out to a high standard and the sale includes all the furniture and equipment in this leasehold premises, with preferable terms from Plymouth City Council.

LOCATION
The business is conveniently located within Plymouth City Market

MANAGEMENT AND EMPLOYEES
The business is managed by a full-time by the owner, who is supported by a small team of staff.

GROWTH OPPORTUNITIES
1. Delivery Partners: The business only currently works with one outside delivery partners, which could easily be expanded to additional platforms with the required staffing resources put in place.
2. Operating Hours: The business is operated limited working days and hours, which could be increased to include additional days and into the evenings.
3. Increase Services: The business has scope to offer outside catering, including deliveries which offers major scope for a new operator to introduce this once again.

PREMESIS
The premises is a first-floor leasehold retail unit within Plymouth Market, which is open fronted with the Café located in a preferable position within the market, with a fitted commercial kitchen and customer seating area, which has seating capacity for

The premises will be made available by way of a new lease with preferential terms to be agreed with Plymouth City Council.

Energy Performance Certificates

EPC

The Market, Plymouth, Devon, PL1

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Plymouth Station0.4 miles
  • Devonport Station1.1 miles
  • Dockyard Station1.5 miles

About Goodwins Business Brokers Ltd, Rotherham

Phoenix Riverside, Rotherham, S60 1FL

Goodwin?s Business Brokers are the right choice.

We think our experience in owning and selling businesses ourselves, puts us directly in your shoes.

Our founders Michael & Simon spent over 7 years building a health care business from zero to a £16M turnover business with over 700 employees, and the time came they decided the time was right to make an exit from this business and move onto another passion..

Everyone in our team have been previous business owners and have been through the process of selling their business, which puts us in an unusual place of being your perfect selling partner.

We know you have put blood, sweat and tears into your business and you need the right buyer, at the right price and in the right timescale to make your exit successful.

What?s more, you need a broker who can be trusted, truthful and who can perform to drive the sale of your business.

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