£99,995

Restaurant for sale

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Just added
Business

£99,995

Restaurant for sale

Penarth, Wales, United Kingdom CF64

Local area information

Property location

Nearby amenities

  • Barrage South Waterbus Stop 0.1 miles
  • Headlands School 0.2 miles
  • Albert C.P. School 0.3 miles
  • Dingle Road 0.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Penarth to find out more about the local area.

Features and description

Business
Please quote reference B09340

Cogogo presents an exciting opportunity to acquire a stylish, contemporary coffee shop that has quickly established itself as a popular destination since opening in July 2023

Memo Bay Cafe is a vibrant, modern business with a strong brand presence, loyal local following and excellent online visibility. Offered as a business sale via the limited company, this opportunity is ideal for an owner-operator or investor seeking a turnkey hospitality venture with solid foundations and clear scope for growth.

Memo Bay Cafe trades as a modern, welcoming coffee shop offering quality coffee and light food in a relaxed, contemporary setting. Since launch, the business has developed a recognisable brand and a loyal customer base. Operated through Voyn Limited, the sale is structured to allow a buyer to take over the company and continue trading seamlessly, with the benefit of existing systems, branding and goodwill already in place.

There is clear scope to further increase turnover through extended opening hours, menu expansion, delivery partnerships and enhanced marketing activity.

This is a fantastic opportunity to acquire a young, profitable and well-branded coffee shop in a major city location, with strong margins, modern appeal and plenty of room to grow.

Early viewing is strongly recommended.

Location
The business is located in Cardiff, benefiting from good footfall and a strong local customer base. The area is well served by nearby residential and commercial occupiers, creating consistent daytime trade and repeat custom. The cafe enjoys additional exposure through its strong online presence and positive engagement across social media and search platforms.

Premises
The premises are well presented and suited to the current style of trade, with assets included within the sale. We are advised that the total asset value, including stock, is approximately £40,000 The layout supports efficient service and a welcoming customer environment, ideal for both takeaway and sit-in trade.

Tenure
We are advised that the business trades from leasehold premises with approximately eight years remaining on the lease Rent is £5,250 inclusive of VAT per quarter, paid four times per year. We are advised that the landlord is open to a straightforward transfer of occupation, including company takeover or replacement, helping ensure a smooth transition for an incoming buyer.

Hours
The current operating hours are:

Monday to Saturday - 9:00 am to 6:00 m

Sunday - 10:00 am to 6:00 pm

Staff
The business is run with the support of three employees, allowing for smooth day-to-day operations. Staffing levels are appropriate for current trading patterns, making the business manageable for either a hands-on owner or a semi-managed model.

Financial Profile
We are advised that the business generates a turnover of approximately £150,000 per annum, with an excellent gross profit margin of around 70% Net profit is reported at circa £50,000 per annum, reflecting a well-run operation with strong cost control. Full financial information can be made available to genuinely interested parties.

More information

Property descriptions and related information displayed on this page are marketing materials provided by - Cogogo. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Cogogo for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Vale of Glamorgan, The
  4. South Glamorgan
  5. Penarth
  6. Penarth Portway