Offers over £49,950
Hilton Smythe is delighted to welcome to the market this well-established and busy cake baking, decorating and sugercraft business, which is ideally located within Sale, Greater Manchester.
Our client originally opened their first shop just a few doors away from their present larger premises, and have become an established business over the last 15 years under our client’s careful ownership. Only now is the business being offered to the market due to our client’s desire for a well-deserved retirement. The business currently operates 4½ days per week and generates a turnover in the region of £100,000 per annum, with a gross profit of approximately 50%.
Our client offers a wide variety of celebration cakes, wedding cakes, birthday cakes, novelty cakes, cupcake and sugercraft equipment and baking supplies, to name a few. The premises boast 157 sq. metres of floor space, with the main sales and display area and preparation area to the ground floor. The lower ground floor has a large commercial kitchen and preparation area.
The business has very limited competition and has built up an enviable reputation within the area and further afield for the very high quality of the goods and services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.
We feel there is scope to increase the turnover by extending the opening hours. A new owner could also embark on a modest marketing campaign to highlight the excellent services offered. There is also scope to introduce cake baking and decorating classes, as the property is fully equipped for this.
This is an excellent opportunity for a new owner to take this already thriving business to the next level; therefore, early viewing must come highly recommended to avoid disappointment.
Top Tier Cakes occupies substantial ground floor premises, ideally located within the town of Sale in Greater Manchester. The business is located on the very busy Northenden Road and is surrounded by a wealth of complimentary shops and businesses, therefore benefiting from a very high volume of footfall and passing trade, as well as car parking facilities to the front of the premises and a large car park close by.
Sale is a town in Greater Manchester, although historically it was in Cheshire and is on the banks of the River Mersey. According to the 2011 census, Sale had a residential population of 134,022. The town is home to Sale Town Hall, which houses Trafford Local Studies Library, the Waterside Arts Centre and Trafford Magistrates Court. Sale has a wide variety of shops, bars, cafes and restaurants.
The area of the business is well served by the public transport service, with several bus stops within easy walking distance of the property. The Metrolink has stops at Sale Water Park, Sale, Brooklands and Northern Moor. The area is also well served by the A-roads, with both the A560 and A56 being within easy driving distance of the property, which links to the national A-road and motorway networks. Manchester city centre is approximately 6½ miles away.
Substantial ground floor premises in an ideal trading location, briefly comprising:
Lower ground floor:
Large commercial kitchen.
Preparation room with refrigerators, freezers and 2 x Beko 600mm ovens.
Large room to rear, which is an ideal teaching area.
WC and vanity room.
Main sales and display area with perimeter shelving, racking and central display aisle.
Large serve over counter with cash register and credit/debit card terminal.
Large rear preparation area with oven and refrigerator.
3 x ovens.
2 x refrigerators.
Roller shutter doors.
We are advised Leasehold:
Original lease length: 10 years
Remaining lease length: 5 years
Review every: 1 year
Rent: £1,029 per month, which includes electricity and building insurance.
The business is open:
Tuesday: 9.30am – 5.00pm
Wednesday: 9.30am – 1.00pm
Thursday – Friday: 9.30am – 5.00pm
Saturday:9.30am – 4.00pm
The business is owner run and managed with 3 x part time staff members.
The business generates a turnover in the region of £100,000 per annum, with a gross profit of approximately 50%.
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