Café Selling Award winning Brownies

Leasehold: £325,000
Turnover: £220,000
Net Profit: £60,000

Business Sales Plus are delighted to offer to the market the North London branch of the highly successful coffee shop, retail and café chain Love Brownies. The business was established by the current owners in 2018 and traded exceptionally well during lockdown and the COVID19 trading restrictions.

The premises occupy a prominent site within the very busy Southgate tube station and has been comprehensively fitted out and equipped to a very high standard. A comprehensive equipment list is available at the time of viewing but in summary this comprises of an Astoria Storm barista semi-automatic coffee machine in itself costing over £12,000, ice cream fridge, fridges, freezer, dish washer and recently upgraded display counters. Additionally the premises benefit from a remote access CCTV system along with fire and security alarms.

Occupying a prominent site within this delightful Grade II listed underground station, the business enjoys both regular local trade and fantastic commuter footfall from the adjacent Piccadilly line serving central London.
Tenure is leasehold with 3 years remaining of a renewable 5-year lease from Transport For London at a very economical £26,000 per year.
Internally, the premises comprise of a mix of soft and table seating for 30 covers with a fully equipped kitchen and customer toilets. Externally there is additional seating to both back and rear.
Love Brownies are a national chain of multi-award-winning coffee shops featuring as a core product their Great Taste 5 Star Award winning chocolate brownies. Alongside the brownies which are supplied directly to franchise stores (no baking required) by the franchisor, the business also sells a comprehensive range of hot and cold sandwiches, breakfast options, milkshakes, coffee and snacks. They also stock a range of cute gifts and brownie boxes for customers to take away, which provides a great additional revenue stream.

Scope exists subject to acceptance for the premises to be granted an alcohol licence whereby the owners can substantially increase sales and/or trading hours.