Hilton Smythe welcomes to the market Food For Thought. The business was originally established by our client in 2014, but is now looking to sell the business.
The café runs as an eat-in or takeaway selling hot and cold food. They serve home cooked food daily which is prepared on site. There is a great menu available with great tasty meals such as hot breakfasts, soups, sandwiches, toasties, jacket potatoes and salads. They also offer specials such as chilli and rice, meatballs, cottage pies, curries and more. Food for Thought also caters for funerals, weddings and birthdays throughout the week and this helps boost the already brilliant turnover.
The business is currently turnover over a figure of £43,400 per annum, as of the 2015 accounts. However, we do feel that the new owner could look to open later in to the evening or open Sundays, in order to boost potential trade. The business does have a licence so this would be possible. The café currently delivers to local residents and businesses.
The business has an excellent reputation in the area for its exceptional homemade food and great service. The café sees many loyal customers and so a loyalty scheme could benefit the business.
Above the store there is a two bedroomed flat which is currently let out for £485 per month. This is a great extra income.
This is an exceptional business run to a high standard by our client. We highly advise early viewing to any interested buyer.
Food For Thought is located in Warrington, Cheshire.
The business is located on a main road, which runs straight through to the m6 and the busy A580. The cafe serves the local towns of Golborne and Lowton. The business is situated on a large residential housing estate with several independent businesses.
There is excellent off road car parking to the front of the business, making it an ideal stop off for local tradesmen wanting to buy lunch and breakfasts. There is a main bus route past the shop and the local secondary school is within walking distance, to which the current vendor has a huge amount of footfall from i.e. before and after school.
The front of the store is well-presented with a sign across the front. There is a large car park to which the vendor owns, to the front of property. There is also an outside seating area for 8 covers.
The entrance leads into the main café to which there are covers for 16. The café is simple and clean, it looks inviting and bright. There is a glass fronted serve over chiller on entrance, which is where staff can welcome customers.
To the rear there is a further rooms and this is used as a preparation room for buffets and as an office with desk computer and filing with further shelving for storage. Small window overlooking the rear garden. The room also holds the fridge freezer, Bain Marie, Panni maker full height freezer, grill and toaster.
Door then leads to the small but well equipped kitchen area: American fridge freezer, toaster, microwave, electric oven and hob, dishwasher, stainless steel sink, slow cooker, extractor fan, boiler and further shelving for food storage. Door leading to outside Wc in the rear garden patio area and garage which is used for further storage.
Café equipment included in the sale is as follows-
Glass serve over chiller
Victorian baking potato oven
Tables and chairs
On the first floor there is a two bedroomed self-contained flat with a shower room, kitchen, wc and lounge.
We are advised the business is leasehold.
There is currently 4 years remaining on the lease as of 2016
Rent: £850 per month
The business opening hours-
Monday - Friday: 7:00am – 3pm
Saturday: 8am – 1pm
The business is run and managed by our client and 1 member of staff.
Turnover is approximately £43,400 per annum, as of the 2015 accounts.
Rental income from the flat £485 per month.
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