Cafes for sale in Bury

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Busy Licenced Cafe - World Famous Bury Market

Bury, Greater Manchester, England

  • Leasehold Price: £22,500  Price Reduced arrow_drop_down
  • Annual Turnover: £32,756
Seller Reference: 7263
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Business Description
 
 
 
 
 
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Seller Reference: 7263
Request Details
Business Description
Well Known Market Trading Position
Trading Just 3 Days A Week
Accounts Available Year End 5th April 2020
Annual Turnover £32,756
Further Financial Info Available After Viewing
Potential To Introduce Deliveries
Retirement Sale
Guaranteed Footfall
Five Star Food Hygiene Rating
Seating For 8 Internally & 11 Externally
Blacks Brokers are proud to bring to the market this leasehold cafe located in the much sought-after area of Bury Market, Greater Manchester.

INTRODUCTION

Jan’s Kitchen began trading in 2018 however there has been a cafe in this unit within Bury Market for over 20 years. The business is has a superb reputation within the area along with a 5* hygiene rating and offers high quality foods and drinks at competitive prices. The market is open 3 days per week, Wednesday, Friday and Saturday but the café can trade over more days at the discretion of the management.

LOCATION

Operating from within the famous Bury Market, this business benefits from a superb trading location which brings very high footfall in addition to being close to many other local businesses and shops. This area of Bury is busy and popular seven days per week due to its location near popular car parks for commuters using the bus station and metro link services. There is also a busy public toilet block close by used by the other market traders as well as shoppers.

REASON FOR SALE

Jan’s Kitchen is only being offered for sale due to our client’s retirement plans.

LEASE

The building is available on a competitive rent on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial property lease. The current lease is five years and began in 2018 – the lease runs at a cost of £211 per week this includes the business rates and the build out.
Please note: There will be a fee of £425 to transfer the lease into the new owners’ name.

BUILDING LAYOUT AND DESIGN

Jan’s Kitchen is housed within a single fronted unit with seating to the front for eleven which is under cover. The business is nicely presented with classic black frontage and large windows. Inside, the main dining area offers seating for an additional eight with stand alone tables and chairs and tasteful décor throughout. The servery counter includes a display fridge with tilling area behind.
To the rear of this is a well-equipped kitchen with serving hatch for takeaway customers – this is popular with other market traders.
Each area is presented well and all fixtures, fittings and equipment are of good quality.

STAFF

Jan’s Kitchen is currently operating with our client one part-time member of staff.

FINANCIAL DETAILS

Jan’s KItchen has traded solidly over its trading history. We are informed by our client that the business generates an annual turnover of £32,756 with a net profit of £7,839 – please note the business is currently operated to suit our client’s personal needs and therefore offers plenty of potential to increase the trade.

SUMMARY

This leasehold business is long-standing and occupies a superb trading position. There is plenty of scope to develop the business further with the introduction of 5 day a week trading and potentially street food and a fast food takeaway only service. The business could also benefit from an online and social media presence. This proposition would ideally suit an owner operating couple who could push the business forward and build upon the solid and impressive trading foundations.

Early viewings are strongly advised. Fixtures:
Tables

Chairs

Chiller Glass Display Cabinet

Electric Cooker

Expo Bar Coffee Machine

Cash Register

Microwaves x 2

Toaster

Double Deep Fat Fryer

Under Counter Freezer x 3

Under Counter Fridges x 2
Trading hours:
MON & TUE: CLOSED
WED: 09:00 - 16:30
THU: CLOSED
FRI: 09:00 - 16:30
SAT: 09:00 - 17:00
SUN: CLOSED
Tenure:
Leasehold
Location Details:
Bury
Leasehold Term:
£211 Per Week
Listed by:
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