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.
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.