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City Business Brokers are pleased to bring to the market this busy and well-loved Tea Room located in a very well-known market town in Northamptonshire. The business was established 10½ years ago and has been in the careful and successful ownership of our client for the past 7 years. It now only comes onto the market as our client looks towards a fresh business challenge.
• Great ambience
• Extensive menu
• Countryside location
• Quirky and unique business
• No close competition
Operating from well-fitted and presented premises, the business currently primarily offers a full and varied inhouse menu of homemade classic hot and cold food, snacks, sandwiches, lunches, side orders, cakes, children’s menu, afternoon tea and an extensive range of hot and cold beverages, all prepared freshly to order in its fully equipped catering facilities and served in the pleasant surroundings of an attractively period-furnished dining area which may comfortably accommodate up to 60 covers inside and 30 covers outside.
Local art work is proudly displayed (and for sale) in the tea room and there is a Tea Room Shop, which contains locally crafted items for sale.
Trading Hours: Tues to Sat 10.00am-4.00pm
Staff: 2 Full-time, 1 Part-time plus weekend staff
Rent: £1,391 per month (Service Charge £133.54 per month)
Lease: New lease available
Business Rates: £200 per year
Turnover: Best weekly turnover current year £3,950
Average weekly turnover: £3,125.33
Projected annual turnover this financial year: £156,000
There is scope for continued growth, not least with regard to longer opening hours, providing more wine and dining evenings and the possible provision of local delivery and outside catering services which would also provide added revenues.
The business may also benefit greatly by adopting a far more vigorous marketing policy of its excellent existing facilities and services, particularly with reference to the introduction of online advertising and ordering in order to improve upon the already high levels of turnover and profitability it has achieved since being established in its present form.
Note: Would ideally suit a husband-and-wife team or couple to maximise profits.
We would strongly recommend the earliest possible viewing to avoid disappointment.
A full profile is available once a non-disclosure agreement has been signed.
All enquiries to City Business Brokers.
All above information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy of this information.
All arrangements to view are strictly by an appointment through the offices of City Business Brokers and no approaches whatsoever should be made to the owner or the business.
Deferred Payment options available, please contact City Business Brokers to discuss.
Is this business relocatable: No
Is this business home based: No
Is accommodation included: No
Is this In administrative/receivership: No