Thriving Bagel & Coffee Shop in Heart of Bow, London Up for Sale

Description

Business type: bagel and coffee shop

Location: Bow, East London

Tenure: leasehold

Asking price: available on request

Financial Information

Average weekly sales: approximately £4,000–£6,000

Annual turnover stated: approximately £208,000–£234,000

Annual rent: £18,000

Monthly payroll: approximately £5,000–£6,000

Business Information

Trademarked brand: Ello Bagel

Sales channels:

• In-store sales
• Deliveroo
• Uber Eats

Current opening hours: 9:00 am–4:30 pm

Product Range

• Freshly prepared bagels
• Speciality coffee
• Pastries

Premises

Recent refurbishment expenditure: over £100,000

• Fourteen new electrical circuits
• Commercial fire safety system
• Upgraded plumbing
• Six sinks
• One WC
• New flooring
• Fully fitted kitchen
• Service counter with quartz worktops
• New shopfront

Online Presence

• Google rating: 4.7 stars
• Delivery platform rating: 4.7 stars
• Instagram account

Staff

Employees: four

Typical staffing level: two employees per shift

Sale Contents

• Fixtures
• Fittings
• Kitchen equipment

Alternative Purchase Option

Price for the leasehold interest, fixtures and fittings only: £70,000

This option excludes the existing trading business.

Development Options

• Extend opening hours
• Introduce morning or evening trading
• Add brunch and dessert items
• Expand the takeaway menu
• Introduce catering
• Develop corporate orders
• Increase marketing activity

Handover

Training and transition support: available from the owners