Buy a Café & Ice Cream Wholesale Business In Somerset Offers Invited For Sale business for sale in Frome on BusinessesForSale.com

  • Advert ID: 746312
  • (Seller ref: 1213)

Café & Ice Cream Wholesale Business In Somerset Offers Invited For Sale


Location:
Category:

Listed by:

Asking price:
Available on request
Sales revenue:
£190,000
Net profit:
< £100k
Years established:
10 years
Employees:
1 full time & 6 part time staff


Phoenix Business Transfer Agents are delighted to place onto the market this café, ice a cream parlour and ice cream manufacturer which has been established for over 10 years. The business has been in the careful ownership of our client for 4 years and he now wishes to sell due to ill health. .

The business has many revenue streams. The café provides a selection of take away and eat in foods, both hot and cold including panninis, jacket potatoes, and sandwiches. There is also an ice cream parlour operating from the premises which serves New Forest Ice Cream. In fact the owner has sole distribution rights for this product within a very large geographical area including the south. There is also a trolley service offered to large local businesses.
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The concern employs one full time member of staff who is paid at the rate of £6.00 per hour. There is also 6 part time staff who between them work approximately 40 hours per week. They are paid at the minimum wage rate.

The owner works on a full time basis and has a very hands on role. In addition to this he takes care of all accounts and business strategies. Recently due to his health, the business has not been able to grow as it should.

The owner markets the business in local newspapers and also in the local theatre. Also the ice ream side of the business is well advertised on the internet.

In terms of competition the owner has sole distribution rights for ice cream in the region. There are other cafes locally.

The particular highlights of the business are:
- An established business
- Genuine reasons for sale
- Very good location for café and distribution
- Very large premises with good scope to extend the number of covers
- Blue chip clients for the trolley service
- Friendly staff with a good local reputation
- A very child friendly operation.





The concern has huge potential. In particular the turnover and profits can be increased by:
- Opening a Bistro in the evenings
- Further expand and market the wholesale Ice cream side of the business
- To organize more rounds for the trolley service

The owner would be available for a business familiarisation period if required


Property:
Leasehold
Lease terms:
The original length of the lease was 10 years with 6 years remaining. The rent is £16,500with a review this year.
Living accommodation:
Property Details This very attractive and spacious unit has a large glass fronted unit with prominent front branded display. There is a service counter with ice cream display. On the counter is a hot food display area and a drinks cabinet. To the rear is seating of various types with up to 30 covers. The customer area is very well presented. To the rear are toilets and a fully equipped kitchen. There are numerous fridges and freezers. Equipment with sale The business comes fully equipped. First Floor On the first floor there are stairs leading to a large storeroom and an office. There is also loft access External To the front there are 12 covers outside and a parking area
Location:
This superb business opportunity enjoys a very prominent location. It is part of a parade of complimentary shops with parking directly outside. The shop is visible from the main road and attracts passing trade as well as locals. The town centre of Frome is only a few minutes walk away. The Catherine Hill which is a historic monument attracts many tourists. The local population is growing and has recently had the largest growth spurt in the country. The area is well populated and a new housing estate is being built.

Frome itself offers an excellent lifestyle opportunity and contains many independent local retailers. It is a traditional Somerset town which has excellent road links to the rest of the country. Longleat Safari Park also lies close by as does Centre Parcs.

Support & training:
The owner would be available for a business familiarisation period if required
Reasons for selling:
Ill Health
Trading hours:
The business operates 7 days a week from 8am to 5pm.
Financing available:
Finding the most cost effective way to finance your business purchase is imperative. Even a relatively small difference in the rate of interest can have a big impact on the total cost of the monthly payments over a number of years. As part of our professional purchasing service we offer a free initial consultation with an independent financial advisor specialising in the needs of small to medium sized businesses and their owners. Business finance advice includes commercial mortgages, bridging, secured loans and unsecured lending so why not contact us now to discuss how a financial solution can be tailored to your specific requirements and circumstance.

For more information about this business for sale, click the Contact Seller button.

Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

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