Hilton Smythe welcomes to the market Cupacabana Ltd. The business runs as a cafe and coffee shop on a busy arterial road. The cafe was first established by our client in 2014 and received a full refit with new equipment, fixtures and fittings. The owner is now looking to sell the business, due to the desire to relocate abroad.
The cafe offers traditional Brazilian light bites, homemade cakes and high end coffee made with real quality Brazilian beans. The property also has an alcohol licence until 11pm and have a range of alcoholic beverages available on sale. This is a well-supported and locally renowned business in this prime trading location.
The business generates a turnover in the region of £80,000 per annum, with a gross profit of 66%. There is huge scope to increase the turnover figure by taking full advantage of the alcohol licence. Offering bistro nights and themed nights the cafe could see some extra trade. Extending opening hours would also be beneficial.
Cupacabana is approximately 500 yards from St George Park, a popular location especially in the warmer summer months. The area is also filled with ample retail outlets, providing a delivery service to the area could allow for a generous amount of repeat loyal trade. Social media and a business website could further benefit the business. All of these options should be considered by the purchaser to take this already thriving business to the next level.
This is a fantastic opportunity that is not to be missed. The cafe would be a perfect purchase for a husband and wife team, or partnership. Hilton Smythe highly advise early viewing to take in the full potential of the trade.
Cupacabana Ltd is located in Redfield, Bristol.
The business is situated on the outskirts of Bristol City Centre. The cafe is located on a busy arterial road, boasting heavy footfall and passing daily trade. Within the area is ample retail outlets, both well-known branded stores and independent shops.
Redfield is just a 10-minute drive from Bristol City Centre, a great location for commuting. The city is very popular with tourists and has a population of circa 449,300 as of the 2015 census. The city is a great location with varied restaurants, shopping, pubs, theatres and historical buildings. Redfield is surrounded by densely populated residential areas, from which the business derives much of its trade.
The cafe is set on the A420 a main road that runs into the centre of Bristol and east to Chippenham, where it then connects to the M4 motorway network. As well as excellent road connections, the business benefits from great parking facilities and public transport. There is a bus stop directly outside the cafe and the closest train station is half a mile away.
Cupacabana Ltd boasts a large property. The cafe has received a full refit and looks presentable. The property is well-signed, clearly visible to passing trade. Outside the cafe is a pavement licenced seating area, perfect in the warmer summer months.
On entry is the large retail space, this is bright due to good lighting and windows. There are 30 covers inside, this is a mixture of relaxed sofa seating, bar stools, plus table and chairs for dining. There is a great ambiance in the cafe with a Brazilian and South American vibe. The bar is central with waitress station, servery, barista area, and draught beer servery to the opposite end.
Just off the seating area are ladies and gent’s wc’s.
Through to the rear of the property is a good sized fully fitted trade kitchen.
We are advised the business is being sold as a Leasehold opportunity.
Original lease length: 10 years.
Remaining lease length: 7 years as of 2017.
Rent: £15,000 per annum.
The business opening hours: -
Monday - Saturday: 9am – 5pm
Sunday: 10am – 3pm
The business is run and managed by our client, with the help of two full time, two part time and two zero hours casual members of staff.
The business generates a turnover in the region of £80,000 per annum, with a gross profit of 66%.