ID : 35653
About the Business
Established in 2010 this excellent Esquires Coffee shop boasts a fantastic turnover in excess of £370,000. Having grown consistently since opening this business ranks highly for sales and transaction numbers within the group of Esquires Coffee shops. Operating from a prime location at the heart of a North Yorkshire town, situated below the main parking facilities of a large shopping centre. This business benefits from high footfall, with over 100 thousand people visiting on average per week, peaking at 140 thousand during August and December.
The UK coffee industry has been one of the fastest growing sectors in the retail industry over the last 10 years. With a fantastic turnover of £8.9bn, 82% of consumers visit a coffee shop on a weekly basis. This business provides an excellent opportunity to become a part of this thriving industry.
This Esquires Coffee benefits from being the only branded coffee house within the shopping centre. Boasting an established customer base. This store benefits from regular repeat business from the local community, as well as the tourist trade in the area. The location of this store also makes it an ideal place for business meetings.
In 2015 this store underwent a substantial refit, which gives the shop a fresh, modern and welcoming appearance. This coupled with a change in the food and beverage offering has lead to an increase in sales and average spend. Having successfully grown the business the current owners are now looking to sell in order to pursue another business venture. Providing an incoming franchisee the opportunity to benefit from this successful business whilst continuing to push the business forward.
This information is taken from a prospectus of sale. Further information can be provided upon the signing of a Non-Disclosure Agreement.
Who is the franchisor
Esquires Coffee was founded in 1993, and the first store opened in a suburb of Vancouver called North Delta. The entry into the UK and Ireland came in 2000 via master license arrangements in England, Ireland and Scotland, respectively.
The founders of Esquires wanted a defined brand that was focused on fairness, integrity, passion, excellence, innovation, community, and sustainability. This culture has remained the backbone of the company as it has undertaken a global expansion into numerous countries. To date, there are cafes in the Middle East, Asia, the UK, Ireland, New Zealand, and Australia. With trusted locations all around the world, Esquires Coffee Houses provide a place for people to meet, socialise, and unwind with great service, great coffee, and great food.