Cafes for sale in Ormskirk

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Adam Warren (Jan 2017)
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Leasehold Price: £49,950 Price Reduced Annual Turnover: £150,000 Gross Profit: £105,000
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Business Description
Annual Turnover £150,000
Gross Profit £105,000
Ran Under Management
5 Star Food Hygiene Rating
Seating for up to 25 Customers
Strong Online Presence
2000 Instagram Followers
200 Excellent Just Eat Reviews
Exclusivity For "Ice Blast" In Ormskirk
Free Parking Available
Town Centre Location Close To Multiples
Potential for Living Accommodation
EPC - G
REF 6397 – Leasehold Dessert Bar

Blacks Brokers are pleased to bring to the market this leasehold dessert bar located in the busy town centre of Ormskirk, Lancashire.

INTRODUCTION

Shake It Up has been trading on Burscough Street since 2016 when our client established the business after seeing a huge gap in the market locally. The shop underwent a full refurbishment in order to house this superb dessert bar and is presented to the highest of standards. The business has become a well known and popular dessert eatery and takeaway within the local community with a large, repeat customer base. Shake It Up has a superb online presence with a comprehensive website and ordering system in place and a good amount of trade is also generated through partnership with Just Eat.

LOCATION

The business is positioned in the town centre close to many other local business and large multiples including Morrisons, Aldi, JD Wetherspoon, Dominos and many more. Edge Hill University and Ormskirk Hospital are both nearby. The area is well linked by the M57, M6 and M62 and public transport links are excellent with Ormskirk Bus Station and Ormskirk Railway Station both close by. Free parking is available to the rear of the property.

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

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 eight years and began in 2016 at a cost of £260 per week.

BUILDING LAYOUT AND DESIGN

Shake It Up operates from the ground floor of a spacious, end terraced property within a popular and busy parade of shops and businesses. The shop is exceptionally well presented with themed frontage and strong branding in place. Inside, the main shop offers seating for 25 in booth style dining areas and black and white tiled flooring is fitted throughout. The servery is positioned to the rear of the shop and is very well equipped with display servery and tilling area. To the rear is a storage area and the kitchen which is fitted with chest freezers, four fridges, waffle makers and an ice cream machine. Each area has been carefully finished and is spotlessly clean and modern. Four point CCTV is fitted throughout.

The first floor of the property is accessed independently from the shop and currently unoccupied. It comprises of toilets and three large rooms. This could potentially be used as owner/staff accommodation with a little refurbishment. To the rear is a private yard.

STAFF

The business is currently operating with six members of staff in employment. Our client is not involved in the day to day running of this business.

FINANCIAL DETAILS

Shake It Up has traded solidly since opening and has gained momentum with each month of trade. We are advised that the business currently has annual turnover of £150,000 with gross profit of £105,000. Deliveries account for around £1,500 of takings per week. There is one leased item costing £311 per calendar month – all other equipment is owned and included in the sale. Full financial details are available upon viewing.

SUMMARY

This leasehold business is newly established and newly refurbished to a high standard. Our client has secured a good base of regular customers and superb reputation. There is plenty of scope to develop the business further with the introduction of an owner operator and new opening hours. There is also potential for additional delivery services as this is in high demand in this area. 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:
x 2 Chest Freezer

x 4 Fridges

x 2 Waffle Makers

Tango Ice Blast Machine – In Contract

Ice Cream Machine (Leased £311 PCM)

x3 32” sharp tv’s with menus on

CCTV (4 Points) (Cloud Based Cameras)
Trading Hours:
Mon - Thu: 15:00 - 22:00
Fri - Sun: 12:00 - 22:00

Tenure: Leasehold

Location Details: Ormskirk

Leasehold Term: Rent: £260 Per Week

Listed by: Blacks Business Brokers Limited

Find out more about this business opportunity.

 
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6397
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