Business Hilton Smythe welcomes to the market Cherie’s which was established at the start of 2016 by our client, who, due to other family commitments, needs to relocate.
The café has high footfall and is open for the breakfast trade and offers traditional breakfasts along with hot and cold lunches and snacks. Later on, in the day Cherie’s attracts the after-school trade, the slush machines and the pick and mix the shop has to offer is very popular at this time.
The café has a large amount of regular customers plus the added bonus of holiday trade during the Spring, Summer and Autumn months.
Hilton Smythe highly advise early viewing to avoid disappointment.
Location Cherie’s is located in the centre of the Suffolk town of Halesworth. Located on the main shopping road through the centre of the town, which has farmers markets and antiques fairs outside during the course of the year. There is parking close by which is free for the first hour.
Halesworth is a thriving town and close to the Suffolk Heritage coastal resort of Southwold; therefore, bringing in an abundance of holiday trade.
Premises Outside on the main thoroughfare is a canopied area allowing seating for 17 on 6 tables.
Inside there is further seating for 14 on 6 tables, drinks display fridge, ice cream freezer, pick and mix sweets shelving, ice cream machine, 2 x display fridges, double slush machine, pastry heater and heated display area.
Behind the counter is a dishwasher, 2 x microwaves, fridge freezer, under counter fridges, 2 x freezers, 2 x toasters, toasty machine, griddle with commercial extractor over, storage cupboard with immersion heater, sink, door to outside and door to WC.
Tenure We are advised the business is being sold as a Leasehold business opportunity.
Original lease length: 10 years. Remaining lease length: 5 years as of 2017. Rent: £ 12,600 including VAT per annum.
Hours The business opening hours:
Monday-Saturday: 8am – 5pm Sunday: 9am - 3pm
Our client often gets in early and has customers asking for morning coffee etc, therefore, earlier hours could be considered in order to create a greater turnover.
Staff The business is run and managed by our client, with the help of 4 part time members of staff.
Financial Profile Cherie’s generated an advised turnover of circa £78,000 as of the 2017 accounts, with a gross profit of 57%.
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