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Second Ipswich cafe listed for sale in a week

A well-known independent cafe in central Ipswich has been put on the market for £39,995.

The big picture: Following our news that Cool Beanz had been listed for sale earlier this week, Cafe Myra on St. Nicholas Street has also hit the market. The business, which reported a turnover of £82,000 in its last financial year, is being marketed by CoGoGo.

Cafe Myra in Ipswich
Cafe Myra is the second cafe to go up for sale this week(CoGoGo)

Why it matters: The sale offers a new owner an opportunity to take over an established business in a prime location with high footfall.

The details:

  • The cafe is in a busy area surrounded by retail stores, offices, and residential buildings.

  • It currently operates during regular business hours.

  • The menu includes breakfast, lunch, snacks and sweet treats.

What they're saying: CoGoGo describes Cafe Myra as having a "warm, inviting atmosphere with tasteful decor" and a "strong reputation for quality and service".

Between the lines: The sale price only covers the business itself. The information provided does not include lease arrangements for the premises, and the business's profitability has not been disclosed.

Looking ahead: The listing suggests several growth opportunities for the new owner, including:

  • Expanding into delivery and catering services

  • Hosting events such as themed nights or live music sessions

  • Increasing marketing efforts and social media presence

The bottom line: This sale represents a chance for someone to enter Ipswich's cafe scene with an already established brand and customer base.

If you're interested: You can find the full details here.

You can read it for free thanks to the generous support of Evolve Business Solutions and GBS

Despite a lack of promotion, the big reveal drew a good crowd of passersby

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