Status: Completed
Tenure: Leasehold
Leasehold Rent: £500 per month
Turnover: £60,000
Delightful Cafe Business in Stretford, Greater Manchester For SaleDelightful Cafe Business in Stretford, Greater Manchester For SaleDelightful Cafe Business in Stretford, Greater Manchester For Sale
£29,950 + SAV

Delightful Cafe Business in Stretford, Greater Manchester For Sale

Completed
  • Reference: 1842
  • Location: Stretford, Greater Manchester
Hilton Smythe is delighted to welcome to the market this delightful cafe business in Stretford, Greater Manchester. The business was established by our client in 2012 and is only now being offered to the market due to our client's family commitments. The business is open 6 days per week and generates a turnover in the region of £60,000 per annum, with a gross profit of approximately 75%. Our client offers high quality home cooked traditional breakfasts, sandwiches, Panini's, jacket potatoes, salads, cakes and hot and cold drinks, to eat in or to take away.

The business has an enviable reputation and is renowned for its high quality food and competitive prices; therefore the business has built up a very loyal customer base with a lot of repeat trade. We feel the turnover could be increased by extending the opening hours and possibly trading during the evening and on Sunday. We also feel the business would benefit from establishing a marketing campaign and a website to advertise and promote the business. A new owner could also expand on the range of food offered to include pizza's etc. This is an excellent opportunity for a new owner to take this thriving and profitable business to the next level; therefore early viewing must come highly recommended.

TENURE

We are advised leasehold:

Original lease length: 10 years
Remaining lease length: 8 years
Rent: £500 per month.

HOURS

The business is open:

Monday - Saturday: 7.00am - 3.00pm
Sunday: Closed

STAFF

The business is owner run and managed with 2 x part time staff members.

FINANCIAL PROFILE

The business generates a turnover in the region of £60,000 per annum, with a gross profit of approximately 75%.
Ei's Kitchen occupies substantial ground floor lock-up premises, ideally located on the busy Moss Road in Stretford, Greater Manchester. The business is situated amongst a parade of complementary shops and businesses, as well as being surrounded by densely populated residential areas and benefits from a high footfall and a vast amount of passing trade. The business further benefits from free on-street parking to the front of the premises. The business is situated within close proximity to the Stretford Business Park, as well as Old Trafford Football Stadium, from which the business gets a lot of custom on match days.

Stretford is a popular town within Greater Manchester and has a population of approximately 37,500 persons. The town boasts excellent schools and parks and is a highly desirable place in which to live and work, due to its close proximity to Manchester city centre. The area is well served by the public transport system with several bus stops within easy walking distance of the property. The nearest railway station is less than ½ mile away. The business boasts excellent access to the A-road system, with the A56 less than half a mile away, which links to the vast A-road and motorway networks. Manchester city centre is approximately 4 miles away and Stockport is 9½ miles away.
Ground floor, mid-parade lock-up premises, briefly comprising:

Main cafe area with:
Good quality tables and chairs for 20 covers.
Large menu board on wall.
Decorated to a high standard.
Serve over chiller display unit with electronic cash register.
Drinks display chiller.
Wall art.

To the rear:
Ladies and gents WCs.
2 x stock rooms.
Exit to enclosed back yard.

Kitchen area with:
Easy wipe clean preparation surfaces.
2 x under counter refrigerators.
2 x ring cooker.
4 x pot Bain Marie.
Hot plates.
Panini press.
Toaster.
Microwave oven.
Hand wash basin.
Sink unit.

The premises have gas central heating.

External with:
Electric security shutters.
A board.
4 x tables and chairs.