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Successful Cafe for sale in Redhill, Dorking, Reigate, Oxted, Horley & Lingfield

Redhill, Dorking, Reigate, Oxted, Horley & Lingfield, Surrey

Asking Price £90,000
Turnover £188,000

Business overview

Successful Cafe Business/Partnership

Business details

  • Property type
  • Net profit
  • Accomodation
  • Staff
  • Rent per annum

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Business description

Successful Cafe Business/Partnership.

- Asking Price P/O
- Sales revenue - £188,000


Pistachios in the Park Ltd are seeking a hard working individual to take over from an existing partner at our Memorial Park, Redhill concession.

The current partners are in the process of relocating overseas.

There is a two and a half year concession in place, with an optional two year extension, with Pistachios in The Park Ltd. To clarify, there is currently a four and a half year remaining on the existing concession agreement.

The new partner will have a 94% stake and be expected to have a hands on approach to the business.

Rent is £7,500pa. Exempt from business rates. Water and mains drainage (provision of and maintenance) included in the rent. Reduced energy bill due to large photovoltaic panels that cover the roof.

Sales for March 31st 2015 to 1st April 2016 £145,335
Sales for March 31st 2016 to 1st April 2017 £188,000

The concession is and will remain trading as ‘Pistachios in the Park Priory Park Ltd’. It must be stressed that this is a fantastic opportunity to buy into a partnership with Pistachios in the Park Ltd. The new partner must be the right fit for the ethos of Pistachios in the Park and help keep the business at the heart of the community.

Pistachios in the Park a well established group of park based coffee shops. The concession at Memorial Park is very popular with the community and has been on a steady and upward trend since the very start (October 2014).

There is ample seating inside the cafe that can accommodate 30 and outdoor seating for up to 60.

Three unisex toilets that includes large disabled access and baby changing facility.

Currently holds 5 star food hygiene certificate.

There are currently only 6 parking spaces within the park to serve customers, in the next month or so, that figure will increase to 900+ due to the ongoing re-generation works that are taking place to improve the town centre. These spaces will be less than 100m walk from the cafe.

Regular and established community groups such as Baby Ballet, Arts & Crafts, Street Dance and local NCT groups ensure regular visitors and trade throughout the year.

Memorial Park underwent a £1.4m re-furbishment in 2014. It boasts a large children’s play area with swings, roundabout, zip-wire, water-play pump, slide, climbing frames and seating. Two all-weather tennis courts. Basketball court. Table tennis and outdoor trim trail with fixed workout equipment.

Established social media presence;

Trip Advisor
“Pistachios Redhill”
Rated 4.5 out of 5.
Ranked 10 out of 52

Facebook
Pistachios in the Park Redhill

Twitter
@PITPRedhill

This cafe is set within a highly active community park with year round events and activities such as; Bouncy Castle days, Fun Fairs, Recruitment Days, Wheels for Troops, Craft Fairs, Royal British Legion fundraisers, Easter Egg Hunt, multiple fitness classes, Football and Netball team weekly coachin

Business location

Memorial Park, Redhill, Surrey

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