Cafes for sale in Preston

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 We were searching for a retirement business opportunity and we found it on www.daltonsbusiness.com 

Mr & Mrs Neville (Sept 2013)
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Leasehold Price: £74,950 Price Reduced Turnover: £180,000 Gross Profit: £94,500
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Business Description
BUSINESS
Hilton Smythe is delighted to welcome to the market this popular café business in Longton, near Preston, Lancashire.

The business was established by our client in 2013 and is only now being offered to the market due to our client’s desire to concentrate on other business commitments. The business operates 5 days per week with private bookings on Sundays and generates a turnover in the region of £180,000 per annum, with a gross profit of approximately 53%.

Our client offers a wide variety of fayre including breakfasts, lunches, sandwiches, Paninis, cakes and pies, as well as a good selection of hot and cold beverages. The business is better known for specialising in bespoke afternoon teas, which have to be booked in advance they are that popular.

The business has built up an enviable reputation within the area for the very high quality of the food and services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations. The business has been awarded a certificate of excellence from the popular website Trip Advisor.

We feel there is scope to increase the turnover by extending the opening hours, perhaps by opening in the evenings as a bistro, with the relevant permissions. A new owner could also embark on a modest marketing campaign to promote the business and the services offered. The business is very popular on the social media website Facebook, with nearly 6,000 likes, although the business would benefit from the launch of a website to advertise the business.

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.

LOCATION
Happy Bunnies occupies substantial ground floor premises, ideally located within the village of Longton, in the west of the borough of South Ribble, Lancashire. The business is located within the centre of the village in the heart of all the shops and businesses, therefore the café benefits from a high volume of footfall and passing trade. The business benefits from free on and off street parking within the vicinity.

Longton is located near Preston in Lancashire. It is an attractive village and maintains a rural character with areas of woodland, agricultural land and many outlying farms. The village is home to 6,000 residents. Amenities within the village include public houses, takeaways, newsagents and primary schools.

The area of the business is well-served by the public transport system, with several bus stops being within easy walking distance of the property. The nearest railway station is at Lostock Hall, which is approximately 4 miles away. The area is also well-served by the A-roads, with the A59 being within easy driving distance, which links to the national A-road and motorway networks. Preston is approximately 5 miles away and Southport is 16 miles away.

PREMISES
Single fronted lock-up premises, briefly comprising:

Main café area with:

Wooden flooring.

30 x covers

Drink chiller unit.

Display units.

Serve over counter with electronic cash register, cake display and pie warmer.

Fully fitted open kitchen with:

5 x burner cooker with double oven.

Upright refrigerator/freezers.

Double Panini grill.

Commercial toaster.

Soup warmer.

Under counter refrigerator with chiller salad bar.

Chest freezer.

Commercial soup blender.

Microwave oven.

External with:

Two tables for 4 x covers to front.

Internal security grill to front window.

Fully alarmed.

TENURE
We are advised Leasehold:

Original lease length: 5  years

Remaining lease length: 3 years

Rent: £14,000 per annum

HOURS
The business is owner run and managed with 2 x staff members.

STAFF
The business is open:

Monday: Closed

Tuesday – Friday: 8.30am – 3.30pm

Saturday: 9.00am – 4.30pm

Sunday: Private bookings only

FINANCIAL PROFILE
The business is owner run and managed with 2 x staff members.


Tenure: Leasehold

Listed by: Hilton Smythe
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