Cafes for sale in Manchester

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Established Cafe For Sale in Prestwich

Manchester, Greater Manchester, England

  • Leasehold Price: £24,995  Price Reduced arrow_drop_down
Seller Reference: PAX01324378802
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Business Description
 
 
 
 
 
 
 
 
 
 
 
 
 
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Seller Reference: PAX01324378802
Request Details
Business Description
* Cafe established over 15 years
* Turnover Approx £55,000
* Profit Approx £29,000
* 4 year lease with no rent increase for duration of lease
* Customer seating for 10 people
* Further seating outside available
* Potential to trade at night
* Opening times 8 am - 2 pm (Potential to open longer hours)
* 5* Food Hygiene Rating
* Number of Parking spaces

Introduction
The cafe has a good reputation and is established with regular customers.

Location
The cafe is situated on Butterstile lane in Prestwich.

Staff
The business is ideally suited for a hands on owner-operator. The cafe currently has someone who works ad-hoc 1 - 2 days a week.

Reason For Sale
The current owner purchased the Cafe in March 2018 however due to family commitments and the cafe being busy to manage, the owner wants to put having a business on hold until her children are attending school.

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 lease has 4 years remaining and runs at a cost of £162 per week.

Building Layout
The business is suited on one floor with a ground floor area available for storage and toilet facilities for staff. CCTV and additional equipment is kept here. Access is also available from the rear of the property.

Financial Details
The Café has traded well during the past year. The business currently has annual turnover of approx £55,000 with gross profit of approx £29,000. Full financial details are available upon viewing. It is to be stressed that the business is currently being run at a pace to suit and there is scope and demand to extend opening hours and days to provide a more consistent level of service to regulars.

Business Rates
The business currently benefits from not paying any business rates due to Small Business Rates Relief.

Fixtures
Tables & Chairs - Fryer - Display Cabinet - Drinks Machine - hob - Oven - Toaster - Grill - Microwave - 2x Fridge - 3 x Freezers - Coffee machine - Coffee Grinder machine - Deep Fat Fryer - Pasty Machine - Till - CCTV - Pannini Grill and a variety of other equipment as shown in the photos.

Trading Hours
Mon - Sat 8am - 2pm
Tenure:
Leasehold
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