_Business_
_Please quote reference B07341_
Hilton Smythe are delighted to welcome to the market Bicicletta - Coffee Con
Velo, a highly rated coffee shop in Saffron Walden, Essex.
Bicicletta - Coffee Con Velo was first established by our client in 2015,
building up an excellent reputation and repeat client base. As seen by the
fantastic online reviews, the business is extremely popular within the local
community.
The business opportunity has now come to the open market due to our clients
desire to relocate.
Bicicletta - Coffee Con Velo is a cycling focused coffee shop located in the
centre of a very affluent commuter town. The business is seen as a community
hub for selling good quality coffee, delicious food & offering a friendly
service. They're proud to source & support local suppliers and aim to be an
open and inclusive space for everyone.
Key selling points -
* Well established, well known business with excellent community support
* High footfall location – the country lanes are well known for cycling and Bicicletta has established itself as the perfect pitstop!
* Recently expanded with double aspect
* Fully licensed premises (until 11pm)
* Strong Online presence - website, social media etc.
* Further opportunity for sales & profit growth
* Handover period offered
* Google – over 180 reviews with a 4. 4/5 review score
Scope to improve -
* Extend current opening hours
* Add evening bistro or ‘pop up’ menu events
* Promote more alcohol sales
* Promote more events & local artists work
_Location_
Bicicletta - Coffee Con Velo is located in the heart of Saffron Walden.
The business is surrounded by other retailers and offices and has 2 carparks
nearby.
It's located right on the Cambridge - London stage of the 2014 ‘Tour de France’.
_Premises_
Ground floor -
* Recently refurbished unit
* Open space with a large central service counter
* Yellow & Grey colour scheme
* Comfortable sitting for 50 customers
* Customer toilets
* Store room
External space -
* 4 x large benches to the front of the unit – allows for a further 24 customers
_Tenure_
We are advised that the business is being sold on a Leasehold basis, currently
on a 10 year lease. The rent is £38, 500 per annum.
_Hours_
The current trading hours are -
Monday – 8: 00am to 3: 00pm
Tuesday - 8: 00am to 3: 00pm
Wednesday – 8: 00am to 3: 00pm
Thursday - 8: 00am to 3: 00pm
Friday – 8: am to 3: 00pm
Saturday - 9: 00am to 3: 00pm
Sunday – 9: am to 2: 00pm
_Staff_
We are advised that the business has 3 full - time, 4 part - time and also casual
staff when needed.
_Financial Profile_
We are advised as per the 2022 - 2023 accounts, the business is projected to
generate a turnover in the region of £450, 000. Further financials can be made
available upon request.

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