Cafes for sale in Hyde

View the "Established Cafe Within Popular Mall - Hyde" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Established Cafe Within Popular Mall - Hyde

Hyde, Greater Manchester, England

  • Leasehold Price: £50,000  Price Reduced arrow_drop_down
  • Sale Agreed
  • Annual Turnover: £152,276
  • Annual Gross Profit: £105,604
Seller Reference: 6748
Request DetailsEmail email
Business Description
 
 
 
 
 
Image 1 of 5 video_library
Seller Reference: 6748
Request Details
Business Description
Prominent Shopping Centre Location
Annual Turnover £152,276
Gross Profit £105,604
Accounts Available After Viewing
Established 2005
Excellent Reputation
Large Base Of Regular Customers
Seating For 50
5 Star Food Hygiene Rating
Scope To Introduce Deliveries
Good Public Transport Links
EPC - D
REF 6748 – Leasehold Cafe Within Popular Mall

Blacks Brokers are pleased to bring to the market this leasehold café within shopping mall located in Hyde, Greater Manchester.

INTRODUCTION

Mocha Joe's has been trading from The Mall in Hyde since 2005. Our client took ownership in 2008. The business is well known in the area and has an excellent reputation with a large base of regular customers and excellent reviews noted on Google, Facebook and Yelp. Our client has established a strong online presence.

LOCATION

The business is positioned within The Mall in Hyde – this is a busy shopping centre filled with large multiples such as Argos, Lloyds Bank and The Post Office as well as independent retailers, offices and eateries. The area is well linked by the M67 with excellent public transport links and parking is available in the surrounding area. Hyde Football Club is a short distance away.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but due to our client’s family commitments and change of circumstance, the business is offered for sale and 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 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 a five years which began in 2016 at a cost of £231 per week. This includes water and electricity. The landlord would be happy to extend/renew the lease with a new owner.

BUILDING LAYOUT AND DESIGN

Mocha Joe's operates from a purpose built kiosk/servery within the centre. To the front is a large dedicated area filled with free standing tables and chairs which offer seating for fifty. The business is very well branded with large signage displayed above the servery area. There is also a good sized preparation area and fully equipped kitchen which is fitted with slush machine, coffee machine, hot plate, turbo oven and much more.

STAFF

The business is currently operating with six members of staff in employment supporting our client working on a full time basis.

FINANCIAL DETAILS

Mocha Joe's has traded well since opening. The year end accounts 31st August 2018 show an annual turnover of £152,276 with gross profit of £105,604. Full financial details are available after viewing.

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 leasehold business occupies a superb trading position in a busy shopping centre. There is plenty of scope to develop the business further with the introduction of a new menu, longer opening hours and a delivery service – this could prove popular with other local businesses for lunchtime trade. 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. Fixtures:
Slush Machine

Coffee Machine

Hot Plate

Toaster

Under Counter Fridge

Display Cake Unit

Till

Microwave x 2

Sota Turbo Oven

Slow Cooker x 2

Drinks Display Fridge

Refrigerated Display Unit

Under Counter Freezer

Chiller

Cold Drinks Fridge
Trading hours:
MON - FRI: 08:30 - 16:30 SAT: 08:30 - 17:00
Tenure:
Leasehold
Location Details:
Hyde
Leasehold Term:
£231 Per Week
Listed by:
Request Details

Find out more about this business opportunity.

* REQUIRED

Note: Please select your full postcode from address menu

Finance Services

Would you like a free no-obligation discussion with a qualified finance provider who could help you to buy this business?

You will ONLY be contacted by your local ASC Finance director. Your details will not be passed on to any third party.

Legal Services

Would you like a free no-obligation quote from a commercial law firm who could help you to buy this business?

You will be contacted by a specialist commercial solicitor from the Legal Marketing Works Network.

Please note that Daltons Business will send the above details to the seller of the business. By submitting this form, you confirm that you agree to our website terms of use, our privacy policy and consent to cookies being stored on your computer.
You may also like...
  • Cafe - Hyde

    • Leasehold Price: £60,000  Price Reduced arrow_drop_down
    • Annual Turnover: £182,000

    • Extremely busy café set in excellent shopping centre location • Weekly turnover...

    More Details
  • Cafe & Sandwich Bars

    • Leasehold Price: £24,950  Price Reduced arrow_drop_down
    • Weekly Turnover: £1,200

    SANDWICH CENTRE in Hyde for Sale. An opportunity to acquire this delightful sandwich...

    More Details
  • ID2655 Licensed Restaurant For Sale Gee Cross...

    • Leasehold Price: £64,950
    • Weekly Turnover: £4,500

    Sovereign Business Transfer takes great delight in offering for sale this most...

    More Details
  • Busy Sandwich Shop With Seating Area

    • Leasehold Price: £24,999  Price Reduced arrow_drop_down
    • Turnover: £97,918
    • Gross Profit: £48,623

    Business Hilton Smythe welcomes to the market this popular family run business...

    More Details
loder image
loder image