Café For Sale Greater Manchester

  • Leasehold Price: £74,950
  • Annual Turnover: £156,000
Sale, Greater Manchester, England
Seller Ref:ID2957
For Sale

Café For Sale Greater Manchester

Sale, Greater Manchester, England
Seller Ref:ID2957
  • Leasehold Price: £74,950
  • Annual Turnover: £156,000

Overview

Seller Ref: ID2957

Description

Sovereign are delighted to bring to market Café Se7en. Located in the cosmopolitan Sale area of South Manchester. With good transport links to the city centre and beyond, attractive housing stock and enviable schools this is an area on an upswing.

Especially as the town’s shopping precinct is nearing completion of an ambitious regeneration project. The project which saw the precinct renamed ‘Stanley Square’ has attracted a crop of new bars, cafes, restaurants and independent businesses. There are also plans to convert the 2nd floor of the square into 7,000 sq ft of office space including a pair of residential towers.

The cafe can cater for 36 covers internally and 12-24 covers externally. Serving a variety of hot and cold food which includes homemade soup, a range of breakfasts made to order and freshly made sandwiches, toasties and baguettes all generating a healthy turnover of circa £3,000 per week. The business also has a 5* Food Hygiene Rating.

Currently trading Monday to Saturday 9am to 4pm there is vast scope to increase the turnover by extending the opening hours and capitalise on the evening and weekend trade. The unit has its own first floor kitchen which would allow for a ghost kitchen. Which would make the business a viable option to change into a bistro in the evening.

The business is run by two full time members of staff who are front of house and can also food prep. The business is leasehold with a fix terms 5 year lease which started September 2022.

On the market for a competitive £74,950+SAV. Therefore viewing is highly recommended to appreciate the quality of this going concern.

Business ID2957
Fully Fitted To High Standard Throughout
Area Undergoing Massive Regeneration Project
Vast Scope To Increase Turnover
Competitive Lease Available
Genuine Reason For Sale

Leasehold Terms:
5 year lease started September 2022 £1,500+VAT fixed for term of lease plus service charge of £328 pcm
Support and Training:
Support and training can be offered to a potential buyer
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
NA
Website address:
https://www.sovereignbt.co.uk/business-for-sale/cafe-for-sale-greater-manchester/

Listed By:

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