Restaurant/cafe for sale in Spennymoor, England, United Kingdom DL16, £299,999

299,999.00

Offer Nr.:
65282326
Type of ad:
for Sale
Property type:
Restaurant/cafe
Contact name:
Hilton Smythe Business Sales
Phone(s):
01204 351867

_Business_
_Please quote reference B07452_
Hilton Smythe are delighted to welcome to the market Sweet Rose Ice Cream
Parlour, a highly rated ice cream parlour and dessert shop in Spennymoor,
County Durham.
Sweet Rose Ice Cream Parlour was established by our client in 2019, building
up an excellent reputation and repeat client base. As seen by the online
ratings and reviews, the business is extremely popular within the local
community.
The business has now come to the market reluctantly due to our clients ill
health.
Sweet Rose Ice Cream Parlour is an independent business selling delicious
homemade Gelato, Cakes, Waffles, Crepes and Coffees. For customers preferring
a savoury treat there are Paninis, Toasties and Jacket Potatoes.
The business was founded when the owner identified a gap in the market and the
business has been a real labour of love for her accruing many regular
customers along with a burgeoning reputation. The owner is a popular and well
respected member of the community.
Everything is freshly made on the premises using local ingredients wherever
possible.
The business is proud of its 5 star hygiene rating and has just been granted
an alcohol license.
The sale will include the company website and social media platforms and the
business enjoys great visibility on the internet.
Key selling points -
* A well established business with an enviable reputation and many existing loyal customers
* Current owner happy to offer a handover to ensure the continued success of the business
* Includes living accommodation above the shop.
* Ideal owner managed or partnership business
* A real opportunity to increase turnover and profits significantly. The business is currently being run at a pace to suit due to health issues but really does offer a fantastic opportunity for a lucky new owner/s
* New 600 place School due to open soon which will have a positive effect on footfall. Currently placed between two other schools giving excellent ‘tea - time’ custom.
* Just along from Spennymoor Football Grounds (a quickly rising team through the leagues). The premises lies in the footfall between the town and the grounds making match days extra busy.
* Little or no competition locally
Scope to improve -
* Advertising and Marketing campaign, a local leaflet drop usually yields good results
* Extend the opening hours - currently only open 4 days per week for 5. 5 hours daily.
* Introduce a delivery service. There is real demand and this would have a significant effect on turnover and profits
* Update the existing website ideally adding an online ordering facility
* Invest in seo and ppc to drive new customers to the business
* A license has recently been granted but the current owner has not used it as yet. This offers another avenue of income.
_Location_
Sweet Rose Ice Cream Parlour is located on Durham Road, in Spennymoor, County
Durham.
The business occupies a prominent corner position, receiving high levels of
footfall and passing trade.
_Premises_
The business occupies the ground floor of a period property. The premises have
been fully renovated throughout with considerable money having been spent by
the current owner and briefly comprises;
Ground floor -
* Three rooms with customer seating areas, tables and chairs currently providing approximately 30 covers, comprehensively equipped catering kitchen with a further preparation room for preparing the ice cream and baking. High quality machines have been installed for the production of ice cream. State of the art coffee machine. Beautifully presented with a pleasing upmarket feel complete with expensive looking flower walls. Single unisex toilet.
First floor -
* To the first floor is living accommodation with 2 bedrooms, kitchen - Diner, living room/office and brand new bathroom recently installed at a cost in excess of £11, 000. There is a large storage cupboard leading from the living room which is very useful for storage of packaging etc.
_Tenure_
We are advised that the business is being sold on a Freehold basis.
_Hours_
The business is temporarily closed due to ill health. The usual trading hours
are -
Monday to Wednesday - Closed
Thursday to Saturday - 11: 30am - 5: 00pm
Sunday - 11: 30am - 4: 30pm
_Staff_
The business was run and managed by our client.
_Financial Profile_
We are advised as per the 2022 accounts, the business generated a turnover in
the region of £115, 000. Further financials can be made available upon request.

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