Cafes for sale in Leicester

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City Centre Cafe/Deli - Leicester

Leicester, Leicestershire, England

  • Leasehold Price: £90,000
  • Annual Turnover: £112,000
  • Annual Gross Profit: £78,097
  • Annual Net Profit: £19,000
Seller Reference: 6970
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Business Description
 
 
 
 
 
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Seller Reference: 6970
Request Details
Business Description
Shopping Centre Trading Position
Annual Turnover £112,000
Gross Profit £78,097
Further Financial Info Available After Viewing
Five Star Food Hygiene Rating
Fantastic Online Reviews
Strong Just Eat & Deliveroo Following
Indoor Seating For 30+
Outdoor Seating For 24
Outside Shop Seating 14
Scope For Longer Opening Hours
Potential To Introduce New Menu
Could Suit Any Cuisine
REF 6970 – Leasehold City Centre Cafe/Deli

Blacks Brokers are pleased to bring to the market this leasehold city centre café/deli located within Silver Arcade in the centre of Leicester.

INTRODUCTION

Deli Flavour Silver Arcade was established by our client in January 2014, due to expansion the business moved to this bustling area of Leicester in 2017 where Bryter Moon Ltd was established. The business offers a range of vegan and vegetarian foods and has become very well known. It has a strong base of regular customers in place as well as benefiting from a huge amount of passing trade due to this incredible trading position. Our client has ensured the business has an excellent reputation and superb reviews are noted on Google, Trip Advisor and Just Eat.

LOCATION

Bryter Moon Ltd occupies a shopping arcade trading position close to many other shops, eateries and offices. The area is densely populated commercially with neighbouring businesses including independent retailers and large multiples such as Lloyds Bank, Carphone Warehouse and other high street stores. The area is well linked by the M1 and A50 with strong public transport links and parking is available in the surrounding area.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but due to the demands of our client's other business commitments being higher than anticipated, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE

The building is available on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial lease. The current lease is three years and began in January 2019. The current lease runs at a cost of £288 + VAT per week.

STAFF

The business operates with four members of staff in employment supporting our client working on a part time basis.

FINANCIAL DETAILS

Bryter Moon Ltd has traded solidly since opening and our client has established a strong repeat customer base. We are advised that the business has annual turnover of £112,000 with gross profit of £78,097 and net profit of £19,000. Full financial information is available upon request.

BUSINESS RATES

The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY

This is a well established and well known eatery which occupies a superb trading position and has a strong base of regular customers in place. There is plenty of scope to develop the business further with the introduction of a new online ordering service and website, new menu choices, larger delivery round and longer opening hours. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.
Trading hours:
MON - SAT: 08:30 - 17:30 SUN: 10:30 - 15:30
Tenure:
Leasehold
Is accommodation included?:
BUILDING LAYOUT AND DESIGN
Bryter Moon Ltd operates from a purpose built retail unit within the shopping arcade. The business has bright branding and signage on display above a glazed frontage. Inside, the servery/kitchen and prep area is positioned to the front of the shop with seating available to the side and rear of this. Menu boards are displayed above the counter which is fitted with display fridges and heaters as required. The décor is neutral with modern lighting. All areas have been finished to a very high standard. There is additional seating in the arcade area and on the street outside.

Location Details:
Leicester
Leasehold Term:
£288 Per Week
Listed by:
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