Cafes for sale in Leek

View the "Licensed Fish & Chip Restaurant & Bar In Leek" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 Daltons is the way to go and the one I recommend. 

C. McFarquhar (Apr 2017)
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Leasehold Price: £49,995 Price Reduced Annual Turnover: £140,000 Gross Profit: £102,000
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Business Description
Bustling Town Centre Trading Location
Refurbishment Completed Feb 2018
Projected Annual Turnover £140,000
Projected Gross Profit £102,000
Turnkey Opportunity
Premier Inn Nearby
Alton Towers 25 Min Drive Away
Just Eat 33% Of Turnover Started In March 18
Customer Seating For 29
Ran Under Management
Excellent Fixtures & Fittings Included
Rated #3 On TripAdvisor
EPC - B
REF 6422 – Leasehold Fish & Chip Restaurant & Bar

Blacks Brokers are pleased to bring to the market this leasehold fish & chip restaurant and bar located in the busy town centre of Leek, Staffordshire.

INTRODUCTION

Bread + Batter has been trading since February 2018 when our client took ownership of a previously failing business. There has been a business of this nature here for over 30 years – it was previously trading as a takeaway and was run down. Our client has invested substantially in this business to bring it back to life and has succeeded in creating a new, popular and exciting restaurant and bar. The business has become well known in the local community for top quality foods and drinks and has established a large, repeat client base. The busy town centre location also brings plenty of passing trade. Bread + Batter has a number of excellent online reviews noted on Trip Advisor, Google, Just Eat and Facebook.

LOCATION

The business occupies a superb trading position on a busy main road. The town centre of Leek is well linked by the M6 and A53 with excellent public transport links and there is parking within a short distance of the shop. There is a busy Premier Inn nearby along with Alton Towers.

REASON FOR SALE

The business would be ideally suited to a hands-on owner-operator but is currently operated by staff only due to the demands of our client's other business interests being higher than anticipated. Therefore, 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

A new lease will be fully negotiated with the business sale.

BUILDING LAYOUT AND DESIGN

Bread + Batter operates from a spacious, well presented mid terraced unit within a busy parade of shops and other businesses. The business has excellent branding and signage displayed above a fully glazed frontage. Inside, the main restaurant offers seating for 29 with modern, freestanding tables and chairs in place. Wooden flooring is fitted throughout and there is stunning, bespoke artwork on display. The servery/counter area is positioned to the rear of the restaurant with milkshake maker and menu special boards behind. To the rear of this area is a well equipped kitchen and separate chip room fitted with chipper and rumbler.


The first floor comprises of toilet facilities, private office and a stock room. Each area is well finished with good attention to detail and our client has invested substantially in the refurbishment that was completed in 2018.

STAFF

The business is currently operating with five members of staff in employment including one manager. Our client is not involved in the day to day running of this business. Staff are experienced and reliable and can offer a smooth transition for clients and the new owner if required - giving reassurance that the momentum of success can be continued under new ownership.

FINANCIAL DETAILS

Bread + Batter has quickly become well established and is generating strong takings that are growing consistently. We are advised that the business currently has a projected annual turnover of £140,000 with gross profit of £102,000. Our client introduced a Just Eat partnership in March 2018 and this is already generating 33% of takings.

BUSINESS RATES

Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY

This leasehold business is newly refurbished and establishing a large, repeat customer base. It also occupies a superb town centre trading position bringing additional trade from passers by and visitors to the area. There is plenty of scope to develop the business further with the introduction of craft ales and other specialist drinks which our client is already looking into. There is also potential to introduce breakfast and lunch time opening hours. A new owner operator would also decrease wage costs. This proposition would therefore 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:
2009 Hewigo 2 Pan Gas Range

Cobra Gas Chargrill

Lincat 4 Burner Gas Oven

Lincat 6 Pot Bain Marie

Upright Fish Fridge

Gram Chef Fridge

Gram Chest Freezer

Williams Prep Fridge

Polar Prep Fridge

Samsung Commercial Microwave x2

Double Panini Press

IMC Chipper x2

Crypto Peerless Rumbler

Hobart Dishwasher

Gram Stock Fridge

Stock Chest Freezers x2

Stock Upright Freezer

Brasília 2 Head Coffee Machine

Electric Grinder

Rhino 3 Door Bottle fridge

Rhino 2 Door Bottle Fridge

LEC Freezer

Cake Display Fridge

Waring Milkshake Mixer

Sonos Play 1

iPad Till System

Extraction Canopy
Trading Hours:
Sun - Thur - 4.30pm - 10pm
Fri - 11am - 10pm
Sat - 10am - 10pm

Tenure: Leasehold

Location Details: Leek

Leasehold Term: Rent: £213 Per Week

Listed by: Blacks Business Brokers Limited

Find out more about this business opportunity.

 
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6422
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