Italian Restaurants for sale in Sale

View the "Sale - Restaurant & Cafe" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 Thank you Daltons for understanding our franchise and providing several years of a professional and helpful service. 

Amy Cross, Spoton.net (July 2016)
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Leasehold Price: £90,000 Sale Agreed Annual Turnover: £182,000 Gross Profit: £145,600
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Business Description
Established Since 2015
Weekly Turnover £3,500
Gross Profit 80%
Relocation Sale
Closed on Sundays
EPC - D
REF 5805 – Leasehold Restaurant and Cafe

Blacks Brokers are proud to bring to the market this leasehold restaurant and cafe located in the much sought-after area of Sale, Greater Manchester.

INTRODUCTION

Verace Kitchen has been trading on School Road since 2015, when our client set up the business. During that trading time, the business has already firmly established itself within the local community and become a well-known and popular establishment with a large customer base and a superb reputation.

LOCATION

Verace Kitchen is positioned on School Road, this affluent town centre location brings a high amount of footfall. The area of Sale is well linked by the M60 and lies close to Stretford and Urmston. The area provides ample free parking in car parks and many other complementary businesses are close by.

REASON FOR SALE

Verace Kitchen is only being offered for sale due to our client’s relocation.

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 10 years and began in 2015 at a cost of £1,500 per calendar month.

BUILDING LAYOUT AND DESIGN

Verace Kitchen is housed within a spacious, single fronted retail unit with large, glazed frontage and some outdoor seating. The business is well branded with excellent signage on display. Inside, the dining area is very well presented, with wooden flooring throughout, modern décor and well positioned seating on both the ground floor and first floor.
To the rear is a servery and bar area with well-equipped kitchen behind.
The building also has a basement area used for storage and on the second floor is a private office and administration area.
All areas are presented well with good quality fixtures, fittings and equipment in place.

STAFF

Verace Kitchen is currently operating with two members of staff in employment in addition to our client in full time employment.

FINANCIAL DETAILS

Financial details are available upon a viewing of the business and Verace Kitchen has traded solidly over its trading history. The business generates weekly takings of £3,500 with 80% gross profits and rates payable of £650 per month. Most customers are from the local area, as one would expect with a business of this nature.

SUMMARY

This leasehold business is well positioned and established well. The customer base is well established and is made up of both locals and passers-by. There is plenty of scope to develop the business further and there are even more income opportunities through introduction of longer opening hours and Sunday opening. 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:
50 Seats

23 Tables

Counter

Display Unit

Coffee Machine

Grinder

4x Fridges

2x Freezers

Pizza Oven

Utensils

8 Hob Oven

Panini Grill

CCTV

Juicer

EPOS Till

Drinks Fridge

Dishwasher
Trading Hours:
Mon - Thu - 8.30am - 5.30pm
Fri & Sat - 8.30am - 9pm
Sun - Closed

Tenure: Leasehold

Location Details: Sale

Leasehold Term: Rent: £346 Per Week

Downloadable Documents

Listed by: Blacks Business Brokers Limited
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5805
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