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Popular And Charming Cafe Deli In Gloucestershire For Sale

Stroud, Gloucestershire
Asking Price:
£79,950 Furniture / Fixtures included
Sales Revenue:
£200K - £500K
Cash Flow:
£50K - £100K

Fantastic thriving business with oodles of potential in the heart of bustling town.

Kendrick Street Deli is a lovely cafe/deli with a brilliant following and reputation. This is an excellent opportunity to acquire a thriving business, which has continually provided great quality food and drink to its customers and stocking a good selection of local produce.
The deli has been growing year on year and offers a great opportunity, with lots of potential to develop in new areas.

The business up for sale is a lovely cafe/deli that is very popular with the locals and visitors alike. Offering a wide selection of produce and constantly offering new quality products in the shop. The cafe offers a wide selection of teas, coffee and cold drinks from local small companies. The food on offer covers a large number of food requirements from freshly made soups and quiche, platters, handmade sandwiches to order and more, the current owners have built a good reputation for the quality and variety of food on offer. The owners try to get a good range of local and British produce as well as having a good variety of produce from other countries. The reputation extends past the quality of produce to the friendly, efficient and personal service.

Further information available upon request, please contact seller below for more details.

If interested please contact the seller through the form.

Property information

Property:

Leasehold

Leasehold Rent:

£12,000 per annum

Location:

The cafe is found in the lovely town of Stroud, with its unique arts and craft heritage, fabulous festivals and independent shops. Stroud is a buzzing country town with plenty going on all year round. It is well known for its farmers market and many independent businesses. Stroud hosts a good number of popular festivals throughout the year including the very popular fridge festival, which brings a large number of people to the town. The business is centrally located within the main town centre on an enviable street of quality, with small independent traders it has a lovely community spirit.

Premises Details:

Originally built as a department store, the building has kept many of its original features. Downstairs there is a fantastic window for lovely displays and the original parkay flooring. Shelves covering most of the walls, all filled with tempting treats, a large deli counter displaying a good selection of British cheese and a selection of meats and a storage area under the stairs. Downstairs there is currently seating for 8. Upstairs was renovated with great success and has the original stained glass windows. A light and airy space with some innovative storage areas, there is seating for nineteen with potential for more. There is also a handy little office and a easily maintained bathroom.

Due to the changes to rates, we are no longer liable to pay rates, which is a substantial saving.

Business Operation

Expansion Potential:

There are a number of ways to expand the business depending on what one wishes to do. There are possibilities to have longer opening hours or to open in the evenings, increase outside catering and even take the shop online. The menu could be expanded catering towards breakfast and hot meals, there would be the possibility of opening later and even in the evenings. It would also be possible to increase the capacity for those wishing to sit in.


Asking price is £75,000.00+SAV

Competition / Market:

Kendrick Street Deli is unique in the town in regards to its approach and what it has to offer, making it popular and stand out from many of the other businesses. Stroud itself is a developing town with many independent shops, the people of Stroud are very loyal and support the town. There are a number of cafes but they all survive because of the demand. On Kendrick Street itself there are a number of independent shops, from gift shops, opticians to a gallery at the end.

Trading hours:

Opening hours are currently 9-5 Monday to Saturday with the option of being open till 11.

Years established:
The business has been established for over eight years.

Other Information

Support & training:

The current owners are happy to have a transfer period to help with a smooth take over, which the interested party may find beneficial. During this time the owners will introduce the buyers to current suppliers, teach them how to use the till systems if needed, as well as any other equipment. This may be a nice introduction to the customer base and provide some support in the initial take over phase.

Contact Information

    1. Your Address

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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