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Ipswich café near Portman Road up for sale

News

Cool Beanz, a well-established coffee shop on Russell Road near Ipswich Crown Court, has been put on the market for £84,995 as the current owners are looking to pursue opportunities in different sectors.

The big picture: The café, established in 2013, serves a catchment of about 2,500 workers in the direct area. It offers a varied menu and provides external catering services.

Photo of Cool Beanz cafe
Cool Beanz is often used by Council workers as a meeting venueCoGoGo

Key details:

  • Located on Russell Road near Ipswich Crown Court

  • Established in 2013

  • Asking price of £84,995

  • Turnover of £212,000

Why it matters: The sale presents an opportunity for potential buyers to acquire a business with an established customer base and room for growth:

  • Introducing a full breakfast menu

  • Extending afternoon opening hours

  • Developing an online presence

Added benefits:

  • Premises used as a meeting room for council offices

  • Loyalty reward scheme for hot drinks

What they're saying: CoGoGo, the agency handling the sale, advises "early viewing to avoid disappointment."

The bottom line: While the business has shown year-on-year turnover growth, the current owners are selling to pursue opportunities in different sectors.