City Centre Coffee Shop

Albies Coffee

Turnover circa: £232k

Adjusted Net Profit circa: £32k

THE OPPORTUNITY

Name: Albies Coffee

Location: 22 Snig Hill, Sheffield, S3 8NB

Type: Coffee Shop

BUSINESS DESCRIPTION

Albies Coffee is an excellently located coffee shop in the heart of Sheffield city centre with an exceptional reputation, well known for its high quality take on traditional food and drink, the establishment is a firm favourite amongst both locals and visitors to the area with the benefit of being in a modern and cozy leasehold premises, excellently located and sandwiched between all three courts in the city (family, magistrates and crown) with very high footfall and very low competition, whilst being is on the main route from all public transport (tram, bus and train).

SERIVCE OFFERINGS

The business has successfully established as a daytime coffee house, utilising premium ingredients and service offerings, whilst complimented by their unique artisan style menu offering.

Tea & Coffee: Fresh ground coffee with filtered water and a wide selection of hot drinks including speciality coffee, batch brew, iced drinks, matcha & chai having invested significantly in premium equipment for speciality coffee, with outstanding quality delivered.
Main Menu: The main menu is designed to be served quickly and in volume which includes toasted bagels, homemade soup, grilled cheese and French toast.
Baked Goods: A range of high-quality self-service baked goods at excellent margins to compliment coffee orders.

CURRENT OPERATIONS

The business is currently run by the owner and 6 employed staff members. The business is open 5 days per week between 8am and 4pm with scope to open on the Saturdays which has been hugely successful in the past for the current vendor.

The business could offer private function hire into the evenings, allowing for groups to utilise the space for celebrations etc…

KEY ACHIEVEMENTS

Reviews:
4.8 star rating on 'Google Reviews' with over 345 reviews.

4.7 star rating on 'Facebook’

4.5 star rating on ‘Tripadvisor’

Loyal Customers: Regular, repeat customer base provides ongoing consistent revenue.

EXPANSION OPPORTUNITIES

Delivery & Takeaway: Implementing a delivery service to cater to the increasing demand for at-home dining through directly employed staff or food app delivery partners, whilst benefiting from tax incentives on cold food and drink orders.
Increase Operational Hours: The coffee shop is open Monday to Friday until 4pm, so the introduction of Saturday openings and evening dining days would be a huge benefit to an incoming operator.
Catering: Catering services for events, parties, and corporate lunches.
Website Development: The business attracts custom through local reputation, passing trade, and the well-designed website was taken down due to the vendor not being able to keep up with demand. There is scope to re-implement this and include a click and collect for take away orders.
Additional Locations: The business has established itself as a firm favourite in the area, with a strong branding presence which can be used to springboard the brand into additional locations with a similar set up to this.

PREMISES

The premises is a ground floor retail unit in an extremely retail parade of shops, with all units let to independent operators which complement the business. The premises is held on a secure leasehold for a favourable rent of £14,400 per annum.

The vendor has made significant improvements to the property since inception and introduced new high end catering equipment and furnishings which offer a warm and welcoming environment for customers and requires no further investment from an incoming operator who can capitalise on the extensive fit out to date.

The retail premises has a commercial kitchen, customer seating indoors and outdoors, staff toilets, customer toilets and has been completed to an extremely high standard.

Viewing is essential to appreciate the quality of the business on offer.

FURTHER INFORMATION

Further information is available by speaking with us and viewings are strictly by appointment only.

For more information please contact us.