Cafes for sale in Southport

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Popular Cafe/Takeaway - Southport

Southport, Merseyside, England

  • Leasehold Price: £69,995  Price Reduced arrow_drop_down
  • Annual Turnover: £108,550
  • Annual Gross Profit: £83,584
Seller Reference: 7116
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Business Description
 
 
 
 
 
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Seller Reference: 7116
Request Details
Business Description
Prominent Location With Heavy Footfall
Accounts Available Year End 31st December 2019
Annual Turnover £108,550
Gross Profit £83,584
Accounts Available After Viewing
Located 0.3 Miles To Main Train Station
Within 0.4 Miles To All Main Tourist Attractions
Excellent Reputation
Well Equipped Ready To Trade
Seating For 24
Five Star Food Hygiene Rating
Scope For Delivery Service
Potential For Alcohol Licence
Could Suit Any Cuisine
EPC - E
REF 7116 – Leasehold Cafe/Takeaway

Blacks Brokers are pleased to bring to the market this leasehold café/takeaway located in Southport, Merseyside.

INTRODUCTION

Mr Potato was established by our client in this bustling area of Southport in January 2018. The business 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. Mr Potato has a comprehensive website in place.

LOCATION

Mr Potato occupies a main road trading position within a parade of shops and offices. The area is densely populated commercially with neighbouring businesses including independent retailers as well as large multiples such as Sainsbury’s and Primark. There are also a number of tourist attractions nearby including the seafront and pier as well as Southport College and Southport Train Station. The area is well linked by the A565 and A570 with very 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 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 a fourteen year lease which began in 2016 at a cost of £190 per week.

STAFF

The business operates with one member of staff in employment supporting our client working on a full time basis.

FINANCIAL DETAILS

Mr Potato 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 £108,550 with a gross profit of £83,584. 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 highly reputable business occupies an enviable trading position in a busy area of Southport. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of new menu options, delivery services and longer opening hours. The business could also apply for an alcohol licence and offer event catering for local events such as the flower show, air show, firework display and so on. 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:
Retro fit counter with till point, service drawers

Hot counter- Glass front ceramic hot plate with under storage

Double salad/ sandwich serving fridge with under counter refrigeration

Refrigerated corner servery and display

Ice cream fridge with water supply and hose -

(5yr depreciation lease, with ownership at end of agreement-nominal fee)

Bean to cup Coffee machine with fresh milk dispenser

(3yr rental, including service with option to buy at end of agreement-nominal fee)

Till /Card terminal (monthly rental service charge)

Upstairs changing and closed mezzanine style office space with staff toilet

Double Housing Stainless Steel extraction system

Upright fridge /Upright freezer

Pot wash sink/ food wash sink

Semi -commercial dishwasher

6 burner gas hob and double oven

Electric Grill

Electric Toaster

‘King Edward’ electric potato oven

Professional combi microwave (similar to a turbo chef/merry chef )

Triple S/S Bain Marie

5ltr Electric tabletop Fryer

Double stainless-steel sink

Ample cellar storage with full access

Other

8 high back SS Chairs

4 SS tables 16 SS chairs

2 decorative flower pots

A1 A-board

Kimbo Coffee sign

Other Light equipment list
Trading hours:
MON - SUN: 09:30 - 19:30
Tenure:
Leasehold
Is accommodation included?:
BUILDING LAYOUT AND DESIGN
Mr Potato operates from the ground floor of a spacious mid terraced property on a busy high street. 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. Indoor seating is available for six to eight with a further sixteen seats to the front of the shop – this is a covered pavement area which offers scope to house a further four seats given correct licence is gained. All areas are well equipped and presented nicely.

Location Details:
Southport
Leasehold Term:
£190 Per Week
Listed by:
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