Coffee shops are big business in Britain. According to a new report by Allegra, the number of UK coffee outlets grew by more than 5 percent in the last twelve months, with turnovers rising to £9.6bn in 2017..
Buyers looking for a lifestyle business often focus on traditional businesses in picturesque towns and villages but there’s also a buoyant market for smart establishments in urban locations delivering a high-quality artisanal experience to sophisticated customers who want a different experience from the branded chains like Costa and Starbucks. Before you start looking for coffee shops for sale, it’s probably a good idea to think about the kind of business you’d like to run. Some coffee shops serve hot food, others stick to cakes and snacks. Whether your coffee shop heaven is offering specialist brews to urban hipsters or releasing your inner Mary Berry – there’s a business that’s right up your street!
Any business serving food to the public at large must comply with certain statutory regulations. You’ll need to convince the environmental health officer (EHO) that you can conform to their standards and you’ll be expected to maintain high standards of hygiene throughout. One of benefits of being your own boss is setting your own hours, but you’ll need to be prepared to open at weekends and on holidays.
If you find a coffee shop you love, make time to visit as a customer. Drop in at different times of the day, sample a few items from the menu and make a note of how other customers are served and how efficiently places are cleared. Ask yourself if it feels as if it’s generally well-run and whether you think there are enough customers. Do staff make an effort to be friendly and welcoming? It’s worth checking out the competition, too, to see how your prospective business stacks up.