AF174-Aberystwyth,Mid Wales-£129,000-“Treehouse” Organic Food Shop

Aberystwyth, Mid Wales, United Kingdom

AF174-Aberystwyth,Mid Wales-£129,000-“Treehouse” Organic Food Shop

Asking Price:$182,907

Cash Flow:$453,725

Gross Revenue:$1,134,312

EBITDA:$120,520

FF&E:N/A

Inventory:N/A

Established:1981

AF174-Aberystwyth,Mid Wales-£129,000-“Treehouse” Organic Food Shop

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Business Description

The famous “Treehouse” Organic Food Shop & Restaurant-Aberystwyth
www.treehousewales.co.uk
Ref. AF174
Location : Aberystwyth, Mid Wales
Asking Price : £129,000
An opportunity to purchase a much loved thriving business that has become very much part of the fabric of Aberystwyth having successfully traded in this popular and desirable seaside town for some 35 years.

The Treehouse is a multi-faceted business with its core offerings being a highly reputable organic food restaurant and retail food shop both operating from the same characterful premises in the town.

Situated just off the high street, the property is welcoming and benefits from a large amount of passing footfall. The building is an impressive historic double fronted shop with a large sign and limited pavement seating. On entrance you are greeted by an array of brightly coloured fresh fruit and vegetables, and shelves teeming with organic foods and ingredients. The shop has used every inch of the floor space to show off their produce and doing so in an original fashion using wooden crates.

The business is split over three floors, with a basement storage area and the organic restaurant/café occupying the two upper storeys. The restaurant has approximately 45 covers, in a quirky but attractive environment and offers a daily changing range of delicious dishes with a fantastic atmosphere and friendly service. It offers an affordable dining experience popular with the locals and the large amount of people visiting the area and has been one of only two or three restaurants in the area to be included in the Good Food Guide for the past five years.

It has a compact but well-equipped kitchen; in addition to lunch service, all the bakery products and salads sold in the shop are made here, and there is also catering offered for outside events. There are toilet facilities and an office on the top floor, as well as half the restaurant seating with an ever-changing display of local art.

Throughout the business are beautiful, neutral wooden floors that bring warmth and character to the building.

The business has been established since 1980 and in this time developed an extremely loyal clientele base.

Detailed Information

Employees:
5
Facilities:
The business operates from a beautifully appointed historical double fronted building, located just off the High Street and one minutes walk from the beach. The décor is tasteful. The lease is £20,000 p.a. Rates are circa £8,000 p.a. The second non-food shop over the road is also leasehold and rent is £8,000 p.a. and benefits from small business rates relief.
Competition:
The business has a highly informative website www.treehousewales.co.uk and benefits from being in a high profile location with plenty of footfall and excellent signage. It also does some local marketing via charities and flyers. It receives excellent referrals rates and word of mouth recommendations.
Growth & Expansion:
There are plenty of opportunities to significantly increase the business further. A veg box scheme, in-house bakery, outside catering and delivery service could all be easily be developed more Evening opening of the restaurant would also generate further sales should a new owner wish to develop this further. The owners have also branched out into other sectors and operates a smaller shop just across the road, employing two members of staff where a wide variety of organic and natural non-food products are sold including baby ware, skincare and homeware. This could certainly be built upon should a new owner so require, and definitely complements the food sales which remain the core of the business. There is also a possibility of removing this from the sale should a new owner not wish to take on this non-food part of the business. And if that wasn t enough once a week the business has a market stall in Machynlleth 18 miles north of Aberystwyth! This again could be developed further. This offers a fantastic opportunity for someone looking to further develop an already successful and well-established business.
Support & Training:
The owner will provide full business familiarization and handover to ensure a smooth transition of the business to new Owners. This should be a relatively simple process as key management/staff are already in place and the business is NOT dependent on the vendor.
Reason for Selling:
The vendor wants to take on a new challenge and develop his smallholding!

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Reeta Verma

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Reeta Verma

Turner Butler

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