Restaurant/cafe for sale in Ipswich, England, United Kingdom IP1

Business
Please quote reference B08160

CoGoGo present to the market a well-loved independent cafe nestled in the heart of Ipswich. Renowned for its delicious breakfast, lunch, and snack options, Cafe Myra is the go-to spot for both locals and visitors seeking quality food with an inclusive menu that caters to vegan and gluten-free diners.

This profitable venture offers a rare opportunity to own a bustling cafe in a prime location with high footfall, ensuring a steady stream of customers.

Cafe Myra is situated in one of Ipswich's most desirable areas, surrounded by popular retail stores, offices, and residential buildings.

The location's vibrancy and convenience make it an ideal spot for a cafe, guaranteeing constant footfall throughout the day.

Key Selling Points:

• Diverse Menu - Cafe Myra prides itself on offering a wide array of breakfasts, lunch, snacks and sweet treats. The menu features something for everyone, including a variety of vegan and gluten-free options that cater to modern day dietary preferences and attract a wider customer base.


• Cozy Ambiance - The cafe boasts a warm, inviting atmosphere with tasteful decor, creating a comfortable space for customers to relax and enjoy their meals. The interior layout is designed to maximise seating capacity while maintaining an intimate feel.


• Established Brand - With a strong reputation for quality and service, Cafe Myra has built a loyal customer base and enjoys positive word-of-mouth and online reviews. This established brand presence provides a solid foundation for continued success.


• Financial Performance - Cafe Myra is a profitable business with healthy financials, demonstrating consistent revenue and growth.

Growth Opportunities:

• Extended Hours - Currently operating during regular business hours, there is significant potential to increase revenue by extending opening hours to include early mornings and evenings, catering to the breakfast rush and dinner crowd.


• Delivery and Catering Services - Expanding into delivery and catering services can attract new customers and increase sales. Partnering with food delivery platforms or offering in-house delivery can tap into the growing demand for convenient dining options.


• Event Hosting - Utilising the cafe space for private events, workshops, or community gatherings can provide additional income streams. This could include hosting themed nights, book clubs, or live music sessions to attract different customer segments.


• Marketing and promotions - Investing in targeted marketing campaigns, social media promotions, and loyalty programs can enhance visibility and attract new customers. Engaging with local influencers and participating in community events can further boost the cafe's profile.

Owning Cafe Myra offers more than just a profitable business, it provides the chance to be part of a vibrant community and make a lasting impact on Ipswich's culinary scene. With a proven business model, a prime location, and ample opportunities for growth, Cafe Myra is an attractive investment for aspiring cafe owners and restaurateurs alike.

Location
The cafe benefits from excellent visibility and accessibility, drawing in a diverse clientele from nearby businesses, shoppers, and residents.

Premises
Occupying a double fronted premises, the first floor features an open plan seating area with 16 covers, counter and prep area, kitchen and WC.

Asset List:

• 8x Tables


• 15x Chairs


• 5x Fridges


• 2x Display Fridges


• 3x Freezer


• Toaster


• Oven


• Grill


• 2x Countertop Induction Hobs


• Panini Grill


• Hot Potato Oven


• 4x Covertable Bench/Worktop with built in storage

Tenure
This opportunity is being sold on a Leasehold basis with 5 years remaining on a 10 year lease.

The current rent is £767 per month.

Hours
The current trading hours are:

Monday & Tuesday - 9:00am to 3:30pm

Wednesday - Closed

Thursday to Saturday - 9:00am to 3:30pm

Sunday - Closed

Staff
We are advised the business is run and managed by our client.

Financial Profile
This business generated a turnover of £82,000. Full financials can be made available upon further request.