Tower Hamlets, London, ID 166506
Thriving bagel shop for sale in Bow, East London, operating under the trademarked brand Ello Bagel. The business specialises in freshly made bagels, specialty coffee, and pastries, attracting a loyal customer base through high-quality food, a welcoming atmosphere, and strong brand identity. The shop has strong local recognition and reputation, with growth driven primarily through word-of-mouth and repeat customers. Current trading generates weekly sales of approximately £4,000 to £6,000 through in-store and delivery platforms, with potential for further growth. Opening hours are 9:00 am to 4:30 pm, offering opportunities to increase revenue through extended hours, evening or morning trade, and expanded menu options such as brunch, desserts, or additional takeaway items. Recent refurbishment investment of over £100,000 includes: * Installation of 14 new electrical circuits * Commercial fire safety system * Upgraded plumbing with six sinks and one WC * New flooring and upgraded infrastructure * Fully fitted kitchen and service counter with quartz worktops * New shop front The business comes turnkey with no immediate capital expenditure required. Online presence and reputation: * 4.7★ Google rating * 4.7★ rating on delivery apps including Deliveroo and UberEats * Active Instagram presence * Strong local brand awareness The shop operates with four staff, typically two on shift, making it manageable. Current salaries are approximately £5,000 to £6,000 per month. There is significant potential to increase revenue through extended hours, expanded menu, increased marketing, and catering or corporate orders. The owners can provide training and support during handover. Alternative option: Sale of the lease with fixtures and fittings only for £70,000 is also considered, suitable for a different food concept in a fully refurbished premises with over £100,000 invested. Leasehold business for sale. Annual rent £18,000 Turnover £208,000 - £234,000 per annum Price available on request. All fixtures, fittings, and equipment are included.
