The business was originally established in 2007 as a sandwich bar. We bought it in 2012 and refurbished it completely as a cafe. Since then we are open 6 days per week from 9 am to 4 pm Monday to Saturday. There is a huge potential in younger hands to increase the turnover by extending the opening hours including Sunday. It generates about £40000 annual net profit. It has very low overheads. The rent is £5400 per year with no business rate payable.
Annual water bill is about £220 and electricity bill about £50 per week. No gas bill. The business has built up an excellent reputation within the area for the high quality of the food and service offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations. It has outside seating popular with smokers.
This is an excellent opportunity for a new owner, especially for a husband and wife team. The business is surrounded by a wealth of complementary shops and businesses including Co-Op, Iceland, Waitrose, Lloyds Bank, NatWest, Nationwide etc on the very busy Ashley Road, Therefore benefiting from a very high volume of footfall and passing trade. Poole is a large coastal town in the county of Dorset, on the south coast of England. It is a popular tourist resort, attracting visitors with its large natural harbour, history, the Lighthouse arts centre and Blue Flag beaches.
According to the mid-2014 estimate, the town had a residential population of 147,645. The area of the business is well served by the public transport system, with several bus stops within an easy walking distance of the property.Poole town centre is 2 miles away and Bournemouth is 3 miles away.