Description
Howst Café
Turnover circa: £251k
Adjusted Net Profit circa: £35k
THE OPPORTUNITY
Name: Howst Café
Location: 46 Howard Street, Sheffield, S1 2LX
Type: Artisan Café
BUSINESS DESCRIPTION
Howst is an excellently located café 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 well-designed and cozy leasehold premises, excellently located on Hallam square and opposite Sheffield Hallam University with very high footfall and very low competition, whilst being is on the main route from all public transport (tram, bus and train).
SERVICE OFFERINGS
The business has successfully established as a daytime café, utilising premium ingredients and service offerings, whilst complimented by their unique artisan style menu offering.
Food and Drink Offerings
Tea & Coffee: Fresh ground coffee with filtered water and a wide selection of hot drinks including Sheffield Forge and speciality coffee, iced drinks, matcha & chai having invested significantly in premium equipment for speciality coffee, with outstanding quality delivered.
Main Menu: The main menu hosts a selection of high end, healthy brunch inspired meals which are visually thrilling and have attracted rave reviews online from diners.
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 Sundays and Mondays which has been hugely successful in the past for the current vendor.
The business could offer private function hire or a menu offering into the evenings, allowing for groups to utilise the space for additional revenue.
KEY ACHIEVEMENTS
Reviews:
4.8 star rating on 'Google Reviews' with over 700 reviews.
5.0 star rating on ‘TripAdvisor’
Loyal Customers: Regular, repeat customer base provides ongoing consistent revenue.
Social Media Following: The business has built up an extensive social media following to boost brand awareness and give the café greater reach with Instagram having over 2000 followers.
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 Tuesday to Sunday 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. There is scope to introduce a click and collect option 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 busy retail parade of shops, with all units let to independent operators which complement the business offering little/no competition. The premises is held on a secure leasehold for a favourable rent of £20,000 per annum which is extremely good value for the location.
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 for 48 and 24 outdoors on the tree lined footpath, 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.