Blacks Business Brokers Completes Successful Sale Of This Cafe Premises

Blacks Business Brokers are delighted to announce the successful sale of a thriving food and catering business in the heart of Newport, marking another milestone in their track record of connecting passionate entrepreneurs with exceptional business opportunities. The business, established by its previous owner in 2021, has quickly become a cornerstone of the Newport community, offering a diverse range of freshly prepared breakfasts, lunches, and small bites, along with catering options designed to accommodate vegetarian and vegan dietary requirements.

The new ownership now takes the reins of a business that has earned an outstanding reputation and loyal customer following. Since its inception, the business has benefited from a high level of passing trade thanks to its prime location and has established itself as a trusted and recognizable brand within the local area. The previous owner, having balanced multiple business interests, made the decision to sell to allow the business to flourish under a dedicated hands-on owner-operator, ensuring that the new owner has the foundation to build upon a solid, well-respected business.

Situated in a prominent trading position within a parade of shops, the business enjoys unparalleled visibility in the center of Newport. It sits immediately adjacent to the bustling Friars Walk Shopping Centre, an area known for its high footfall and diverse commercial activity. The surrounding neighborhood includes a vibrant mix of independent retailers, larger commercial outlets, and popular local amenities such as pubs, restaurants, and recreational spots. Excellent transport links, including easy access to the A4042 and M4, along with ample parking in the immediate vicinity, make it an ideal location for both regular customers and new visitors discovering the business for the first time.

The premises themselves are thoughtfully designed to maximize operational efficiency and customer experience. Operating from the ground floor of a spacious building in Newport’s town center, the business benefits from extensive branding and signage visible from the street, immediately drawing attention to the offering within. The front of the business features a fully glazed frontage with seating for fourteen customers, while the interior boasts a sandwich fridge and cold drinks display to the left, and a fully equipped display counter and serving area at the back, which also doubles as a food preparation zone. A large open-plan dining area accommodates forty-two customers, complemented by customer toilet facilities, and all areas have been maintained to a high standard with fixtures and fittings included in the sale.

Financially, the business has demonstrated steady performance and consistent profitability. Accounts for the year ending 31st July 2024 show an annual turnover of £130,029 with a gross profit of £85,165. The operation has been efficiently managed with two full-time staff supporting the owner in daily operations. The building itself is available on a Full Repair and Insure lease, a common commercial lease type, with a current ten-year lease that commenced in 2021 at £385 per week. Detailed financial records are available to serious enquiries, providing transparency and confidence to prospective purchasers.

The sale process was expertly handled by Blacks Business Brokers, whose team brings a wealth of experience and professionalism to every transaction. Blacks Business Brokers are renowned for their ability to match the right buyer with the right business, ensuring smooth transitions and maximized value for sellers. This successful sale demonstrates the strength of their market knowledge and the effectiveness of their personalized approach. Joanne Booth, the sales negotiator responsible for overseeing the transaction, emphasized the value of choosing the right brokerage to guide the sale. She commented, “Working with Blacks Business Brokers ensures that both sellers and buyers receive expert guidance at every stage. We pride ourselves on understanding the unique strengths of each business and promoting them to the right audience. This sale exemplifies how the right preparation, marketing, and negotiation can lead to an excellent outcome for everyone involved.”

For the new owners, this acquisition presents a unique opportunity to take a thriving business to the next level. While the business already benefits from a strong customer base and excellent reputation, there is ample scope for expansion. Opportunities exist to introduce outside catering for local events, enhance marketing strategies, and further increase the business’s visibility and reach within Newport and the surrounding areas. The location, financial performance, and established operational structure provide a highly attractive package for a hands-on owner-operator ready to grow the business even further.

The sale of this Newport-based business reinforces the continued demand for well-established food and hospitality operations in desirable locations. With growing consumer interest in quality prepared meals, vegetarian and vegan offerings, and convenient local dining options, this business was particularly well-positioned to capitalize on these trends. Blacks Business Brokers have once again demonstrated their expertise in bringing sellers and buyers together to secure mutually beneficial deals, reinforcing their reputation as one of the leading business brokerage firms in the region.

Blacks Business Brokers take great pride in ensuring their clients achieve the best possible outcome when selling their business. By combining detailed market insight, targeted marketing, and expert negotiation, they guide clients through every stage of the process, minimizing stress and maximizing returns. As Joanne Booth further notes, “Choosing the right broker can make all the difference in achieving a smooth and successful sale. At Blacks Business Brokers, we focus on creating value, building trust, and facilitating transactions that leave all parties satisfied. We’re delighted to see this business continue to thrive under new ownership, and it’s a perfect example of what can be achieved when expertise and opportunity come together.”