ID : 26654

Smoothie Coffee Crepe Established Kiosk In Epsom For Sale

£27,400.00

 (Fixed)

Description

Type : Sell
Warranty : No
Location : Epsom, Surrey, UK

Trading since April 2017, this Coffee Kiosk is in a great location in Epsom High Street, close to The Post Office, Derby Medical Centre, High Street Banks, Headmasters & Rush hairdressers, McDonalds and Greggs, so footfall is strong and rising.

Our Menu & Success Story so Far

Offering independent artisan barista style coffee, we have successfully and enviably built a regular repeat client base in the local area, with many customers walking past the established brands for “the best barista coffee in Epsom” we’ve been told! Our clients are a combination of the regular traders and workers in local area – with multiple offices, banks and shops, as well as Epsom shoppers. In prime location of High Street and Walkthrough to Ebbisham Centre we attract many first time customers.

Our menu started as Healthy Juices, Smoothies, Milkshakes, Coffees & Teas, and has now progressed to our food menu including Waffles, Crepes, Panini’s, Fruit, Snacks & Cakes. Popular with regular lunchtime customers, we often have a queue outside, despite neighbouring Creams opening (more expensive) and in fact our turnover has increased since they arrived as they’re bringing additional footfall to the area.

We have outdoor seating and chairs (6 tables, 16 chairs), branded colour cafe barriers, and large base parasol umbrellas based in an area outside the cafe extending to the pavement so that visibility from the popular high street, bus stops and traffic lights is maximised. The majority of business is takeaway, however the summer months see our patio area thriving.

The area operates from early morning through to midnight, but is open 24 hours as a walk through for customers especially to the station just behind in the morning and evening. Having benefited from a refurbishment in March 2017 the kiosks have added a successful contemporary street feel to the location which is destined to grow its footfall again with some exciting new entrants to the Square shortly (its a very exciting big secret but we know it !! and there will be a huge amount more footfall when it happens towards end of 2018!) Currently housing Derby Medical Centre, The Library, Slug & Lettuce, Il Ponte, Nando’s within Oaks Square, and the Sports Bar it is a popular evening destination too for drinkers and diners alike. There are multiple events in the square throughout the year for children and adults to enjoy the area and encourage repeat visits, and a very supportive management structure at the Centre who are always on hand.

Trading Hours

Our trading hours are 7am-6pm Monday – Friday, 9am-6pm Saturday, 10pm-4pm Sundays, however there is plenty of potential scope to increase that as the neighbouring kiosk runs until 10pm each evening for delicious Greek food. The centre has its own 24 hour security guard and camera’s so customers and traders feel safe and secure at all times.

Awards – The business is well established, and has popular Trip Advisor and Instagram followers.

Financials – regularly £6-7k per month, Turnover for 1st year £50k, highly profitable, with Quarter on Quarter growth of +126% this year already – details on request.

Customer Goodwill – typically 1000-1500 transactions (customers) per month, spiking to 1900 transactions per month.

Our Average Order Value varies seasonally at £4-5+, increased by our food & meal deal offerings. There is still more scope to increase this, the footfall is great, but with additional efforts into food offerings this could be substantially increased to maximise your profits.

We have developed a popular loyalty programme which increases our repeat customer rate and encourages samples of our food menu too.

Building is leased through the Centre Management at £7875k + VAT per year, (reduced rents in the winter Quarter) There is a £150 per quarter Service Fee which includes all the services – wifi, electricity / water, drainage etc. There are no business rates to pay due to the size of kiosk.

All equipment included in sale, tall freezer, under counter freezers and fridges, dishwasher, ice machine, espresso coffee machine (2 handles), 2 x blenders for smoothies & milkshakes, fast blender washer, waffle machine, crepe machine, sink and hot water tap, microwave – all equipment paid up (not leased). POS machine (leased).

All outdoor seating, tables, umbrellas, cafe barriers, bins, artificial grass, banners, signage, menu boards, promotional loyalty cards etc.

All stock – milkshakes, smoothies, fresh coffee, herbal teas, hot chocolates, Monin syrups, sauces, toppings, cream, juices, fresh sandwich fillings, sugar sachets, straws, milk.

All cooking equipment, cutlery, plates, cups, glasses, display counter, blackboard A board and pens, coffee stamps, stationery.

All coffee paper cups and lids – multi sizes, smoothie & milkshake plastic cups and dome/flat lids – medium and large sizes, takeaway packaging etc.

All storage containers, blue roll, stationery, cleaning equipment and chemicals, floor mop and bucket, sprays, pest control, fire extinguisher, first aid kit etc.

Our POS system is through Worldpay and comprises a Worldpay Hub with detachable Chip & Pin reader – attached to the Centre Wifi there are no additional charges other than the monthly £50 for the machine rental and a very low negotiated transaction fee. Contacts will be supplied.

Competitors in Area – we are priced to compete and our product quality is why our return rate is high!

Green Life – Smoothies & Juices – closed down 2018 (was at other end of High Street)

Shake Up (opposite Odeon) – Smoothies & Milkshake Bar – closed down 2018

Organico – long established, successful, close to Ashley Centre so doesn’t affect our sales

Creams – new opening High Street Epsom, highly priced, good quality, for sit down customers

Costa Coffee – within Ashley Centre at other end of High Street, doesnt affect our sales

Starbucks – Ashley Centre at other end of High Street, doesnt affect our sales

Caffe Nero – other end of High Street, doesnt affect our sales

Pret a Manger (new) – outside Ashley Centre – so other end of High Street

Greggs & McDonalds – different offerings to our artisan style of coffee !

Costa Express, Senzo Coffee at Station, Zig Zag Cafe, Cafe Carrera are within area.

Reason for Sale:-

We are selling the business to pursue a bigger opportunity starting in October 2018, and are therefore reluctantly selling in order to focus on our next adventure. This is a such a wonderful opportunity, with a ready made regular customer base and profits, to purchase an established business which can be further improved with new food offerings, delivery menu and add your own quirky style!

Come and visit to talk business and ask questions, please be mindful that “our customers come 1st” – so if we have a queue we can’t talk for long but we do want to speak with you, and let you see the business operations in full, so please get in touch for an uninterrupted conversation 🙂

 

 

Location

Epsom, Surrey, UK
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