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Causeyside Street, Paisley, Renfrewshire, PA1

Offers in Region of
£55,000

Business rates & charges may apply

Goodwins Business Brokers Ltd, Rotherham
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SECTOR

Cafe for sale

USE CLASSUse class orders: A3 Restaurants and Cafes

A3

Key features

  • Main High Street Location
  • Enviable Reputation
  • Extremely High Quality Fit Out
  • Turnover in excess of £79k PA
  • Loyal Customer Base

Description

Spoons Coffee House

Turnover circa: £79k

Net Profit circa: £15k

BUSINESS SUMMARY

Business Name: Spoons Coffee House
Location: 71 Causeyside Street, Paisley, PA1 1YT
Established: 2019
Type of Business: Coffee House/Café

BUSINESS DESCRIPTION

Spoons is an award-winning popular coffee shop/café located in the heart of Paisley on the borders of Glasgow, a thriving town within 10-minute drive from Glasgow airport. This business has an exceptional reputation and is known for its high quality take on traditional food and drink, the establishment is a firm favourite amongst both locals and visitors to the area with the benefit of being in a modern, well designed and cosy leasehold premises in a busy urban area on the main commuter route into the centre of Paisley.

SERIVCE OFFERINGS

Tea & Coffee: Fresh ground coffee with filtered water and a wide selection of national and international teas.
Cold Drinks: A range of cold drinks.
Hot & Cold Sandwiches: A range of sandwiches/paninis available throughout the day which are freshly prepared in store.
Cooked Breakfast: Cooked breakfasts available, cooked to customers preferred requirements.
Desserts: A range of home-made and locally produced desserts.
Function Hire: The venue is available to hire for small parties, celebrations and funerals with various menu options to suit customer requirements.
External Catering: Bespoke outside catering service for business customers or parties, with various sandwich platter options including wraps, cakes, scones etc...

MARKET ANALYSIS

The food service sector, which encompasses cafes, is influenced by consumer preferences for full-service restaurants due to their diverse food menus, high-quality interiors, and service standards. Quick-service restaurants, though with a more limited menu, are expected to grow in the next 5 years indicating a diverse market with varying consumer demands .

FINANCIAL OVERVIEW

Gross Revenue: £79k
Net Profit: £15k

KEY ACHIEVEMENTS

Reviews:
4.7 star rating on 'Google Reviews' with over 100 reviews.

4.8 star rating on 'Facebook'

5.0 star rating on 'Tripadvisor'

Loyal Customers: Regular, repeat customer base provides ongoing consistent revenue.

EXPANSION OPPORTUNITIES

Delivery: Implementing a delivery service to cater to the increasing demand for at-home dining through directly employed staff to compliment food app delivery partners.
Mobile Catering: Addition of a mobile catering van to offer hot/cold sandwiches in business parks and local events.
New Menu Items: Introducing more vegan, gluten-free and alcoholic options to cater to a wider audience.
Website Development: The business attracts custom through local reputation and passing trade, however there is an opportunity to develop and implement a dedicated website with ordering capabilities for click and collect and/or deliveries.

PREMISES

The premises is a ground floor retail unit in an extremely busy urban area on a parade of retail shops. The premises is made available by way of a lease assignment at £13,200 per annum.

The vendor has made significant improvements to the property since inception and introduced new catering equipment and furnishings which offer a warm and welcoming environment for customers and requires no further investment from an incoming operator who can capitalise on the extensive fit out to date.

Viewing is essential to appreciate the quality of the business on offer.

FINANCIAL INFORMATION

Detailed financial statements and information is available upon request.

FURTHER INFORMATION

Further information is available by speaking with the us and viewings are strictly by appointment only.

Causeyside Street, Paisley, Renfrewshire, PA1

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Paisley Canal Station0.1 miles
  • Paisley Gilmour Street Station0.4 miles
  • Hawkhead Station1.0 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.

Notes

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Disclaimer - Property reference GO3481. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Goodwins Business Brokers Ltd, Rotherham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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