The famous “Treehouse” Organic Food Shop & Restaurant-Aberystwyth.
Asking Price £129,000
Gross profit £320,000
Net profit £62,000
Total Assets £11,000
About the Company
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.
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.
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.
The business has an excellent team of staff including Head Chef, Chefs, Restaurant Manager, Treehouse 2 Manager, Waiting On Staff and Shop Supervisors. The vendor acts as shop manager and supervises the overall running of the business.
Asking Price $157,975
Converted From GBP
Exchange Rate $1.22
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