Cafes for sale in Stoke-on-Trent

View the "Oatcake Shop & Brunch Bar - Stoke-On-Trent" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Oatcake Shop & Brunch Bar - Stoke-On-Trent

Stoke-on-Trent, Staffordshire, England

  • Leasehold Price: £34,000  Price Reduced arrow_drop_down
  • Sale Agreed
  • Annual Turnover: £63,540
  • Annual Gross Profit: £47,611
  • Annual Net Profit: £28,675
Seller Reference: 7126
Request DetailsEmail email
Business Description
 
 
 
 
 
Image 1 of 5 video_library
Seller Reference: 7126
Request Details
Business Description
Residential Trading Area
Projected Figures Year Ending 2020
Annual Turnover £63,540
Gross Profit £47,611
Low Rent Only £124.21 Per Week
Accounts Available After Viewing
Established 1979
Fantastic Online Reviews
Fully Equipped
Well Presented
Open 4 Days A Week
Scope To Expand Opening Hours
Five Star Food Hygiene Rating
EPC - TBC
REF 7126 – Leasehold Oatcake Shop & Brunch Bar

Blacks Brokers are pleased to bring to the market this leasehold oatcake shop & brunch bar located in Stoke-On-Trent, Staffordshire.

INTRODUCTION

Milton Oatcake Shop & Brunch Bar was established over forty years ago in this highly sought after residential area of Stoke-On-Trent. Our client took ownership in 2019. The business offers a range of traditional, freshly baked vegan oatcakes as well as catering for the breakfast and brunch trade. It has become very well known in this area and has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this excellent trading position. Our client has ensured the business has an excellent reputation and superb reviews are noted online.

LOCATION

Milton Oatcake Shop & Brunch Bar occupies a main road trading position within a busy housing estate. The area is densely populated residential however there are a number of neighbouring businesses including independent retailers as well as large multiples such as The Co-op. There are also a number of schools nearby. The area is well linked by the A53 with very strong public transport links and parking is available immediately outside.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but due to our client’s health, 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 Internal Repair Only tenancy. The current tenancy agreement is a six months which began in 2019 at a cost of only £124.21 per week.

STAFF

The business operates with mainly our client however, they do employ additional staff to help on weekends which are busy.

FINANCIAL DETAILS

Milton Oatcake Shop & Brunch Bar has traded solidly since opening and our client has established a strong repeat customer base.Accounts ending 2019 show annual turnover of £63,540 and gross profit of £47,611. 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 well known and long established business occupies an enviable trading position in a densely populated area of Stoke-On-Trent. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction longer opening hours, possibly a delivery service where appropriate. The business does currently have a website and Facebook which could be expanded further. 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:
Stainless Steel Prep Units

Drinks Fridges

Ovens

Flat Top Grill

Extractor Fans

Bain Marie

Fridge

Freezer

Microwave

Till
Trading hours:
THU: 07:30 - 13:00
FRI & SAT: 06:30 - 14:00
SUN: 06:30 - 13:00
Tenure:
Leasehold
Is accommodation included?:
BUILDING LAYOUT AND DESIGN
Milton Oatcake Shop & Brunch Bar operates from the ground floor of a spacious mid terraced property on a busy road. The business has large branding and signage on display above a glazed frontage. Inside, the servery/counter is positioned to the front of the shop with kitchen and preparation area to the rear of this. The kitchen is fitted with specialist oatcake cookers, stainless steel worktops and other commercial equipment. All areas are fully equipped and presented well.

Location Details:
Stoke-On-Trent
Leasehold Term:
£124.21 Per Week
Listed by:
Request Details

Find out more about this business opportunity.

* REQUIRED

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...
loder imageloder image