Restaurant/cafe for sale in Stanley Court, Olney MK46

£39,999
Restaurant/cafe for sale
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Property description

Business
Hilton Smythe welcomes to the market Wildleaf, a profitable business located in the vibrant market town of Olney, Buckinghamshire. The business was established in 2005 and moved to its current, much larger premises, in 2015. Our client is now looking to sell due to other commitments.

Wildleaf is a café/coffee shop, delicatessen, wine merchants and outside caterer. The cafe is currently subleased to a seperate busienss who are running it as a vegan cafe and sustainable retail space/workshop. This generates £1400 a month rent.

Wildleaf’s extensive deli has many things to offer include over 40 cheeses, cured and cooked meats, handmade pork pies and daily bakes, fresh bread, cakes, gluten free options, exclusive olive oils, Pomodorina sauces and Wildleaf are stockists of the very popular 'Cook' meals.

Wildleaf’s wine shop trades under a separate name Bacchus Wine, they offer tastings, champagne, prosecco, a wide range of wines from brands including Concrete Cow, Black Pit, and they also stock local real ales.

Wildleaf offers an outside catering service for parties, corporate events, BBQs etc and the business also offers glass hire.

Wildleaf believes in being in the heart of the community by stocking locally sourced food and drink, therefore, there are many returning customers, with a majority being known on a first name basis.

The business is being sold with the website along with its own Facebook page with 4.8/5* reviews. There are also 4.5/5* reviews from 70 reviewers on TripAdvisor.

Wildleaf would make an ideal purchase for the following reasons


  • Profitable business

  • Established clientele

  • Multi income streams

  • Strong online reviews


Hilton Smythe highly advise early viewing to avoid disappointment.

Location
Wildleaf is in the market town of Olney, Buckinghamshire, which has a population of around 6,500 and has great transport links via M1.

The shop itself is in a triple fronted building with ample free parking to the front and rear. Other shops in the direct area include a Co-op which brings a high footfall to the area along with other individual shops.

Premises
The premise is entered from the front and directly into the delicatessen area from here there is access to the café, gift area and the kitchen.

The delicatessen sells local produce and authentic Italian foods including Pomodorina sauces, which the business has exclusive selling rights to in the local area. There are displays and shelving for exclusive wines, local craft beers and ciders, breads, pastas, oils etc.

There are three large chillers at the deli counter including a loose Belgian chocolate chiller, cheese chiller and cooked meats chiller. Behind the counter there is an Epos till system, card machine, meat slicer etc.

Off the main delicatessen area is a gift area with shelves full of gifts.

To the left of the delicatessen is an opening leading to the café, which has an area designated for the display freezers for the “Cook” range of frozen prepared foods. In this area is also a freezer designated to Brockleby’s local pies.

The main café has seating for around 22, tiled floor and a door to the toilets. The counter area menu board, cake stands and displays, coffee machine and grinder, Buffalo urn, fridges, storage, till.

The kitchen is accessed from behind the counter area of the delicatessen and has Moorwood oven, 6 burner stove, microwave, industrial extractor fan, fridges, undercounter fridge with marble worksurface, stainless steel preparation tables, shelving, toaster, dishwasher. Off the kitchen is a door leading to the rear parking area and a access to the storage area with BBQ for outside catering and storage for glasses for hire.

Tenure
We are advised the business is being sold as a leasehold business opportunity with a 9-year lease from 2015.

The annual rent is £26,400 and our client pays rates at £7,390 per annum.

Hours
Monday - Saturday: 8.30am – 5pm
Sunday: 10am – 2pm
Consideration should be given to opening the café earlier for breakfast and on Sundays.

Staff
The business is run and managed by our client, with the help of 6 members of staff.

Financial Profile
Wildleaf generated an advised turnover of circa £342,809 as of the 2018 accounts, with a gross profit of 46%.

The business is being sold with assets worth in the region of £20,000 and the average stock value is ion the region of £25,000 - £30,000.

Arrange Viewing

For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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