Hilton Smythe is delighted to welcome to the market this well-established and profitable cafe/takeaway business in Chapel Allerton, West Yorkshire. The old established business has been in our client's careful ownership since 2011. Only now is the business being reluctantly offered to the market due to our client's other business interests. The business is open 6 days per week and generates a turnover in the region of £62,400 per annum, with a good gross profit. Our client offers a wide range of hot and cold food including a full breakfast menu, hot and cold sandwiches and jacket potatoes with various fillings to eat in or take away, as well as a selection of beverages.
We feel the turnover could be increased by extending the opening hours, as well as opening on Sundays. The business is currently manager run, although when our client was hands on in the cafe he also offered hot lunches, as well as a delivery service and outside catering, which a new owner could re-introduce. The business has a very loyal customer base with a vast amount of repeat trade. We feel there is scope to introduce a small marketing campaign to highlight the goods and services offered, we also feel the business would benefit from a website to advertise the business. This is an excellent opportunity for a new owner to take this business to the next level; therefore early viewing must come highly recommended.
TENUREWe are advised Leasehold:
Original lease length: 5 years
Remaining lease length: 4 years
Review every: 3 years
Rent: £9,516 per annum
HOURSThe business is open:
Monday - Saturday: 8.00am - 2.30pm
STAFFThe business is manager run with 4 x part time staff members.
FINANCIAL PROFILEThe business generates a turnover in the region of £62,400 per annum, with a good gross profit.
Wrap & Roll occupies mid parade, ground floor lock-up premises in a highly sought after location in the trendy urban village of Chapel Allerton, which is approximately three miles north of Leeds city centre. The business is situated within a parade of complimentary shops and businesses, as well as benefitting from ample on-street parking to the front of the premises. There are a number of densely populated residential areas within close proximity of the property, from which the business draws much of its trade.
Amenities within the local area include public houses, churches, several banks and restaurants. 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 in Leeds city centre. The area is also well served by the A-road system with the A61 being in close proximity to the property, which links to the vast A-road and motorway networks. Bradford is approximately 12½ miles away and Harrogate is 13 miles away.
Ground floor, mid-parade premises, briefly comprising:
Main sales and display area with:
Refrigerated serve over counter.
Stainless steel work surfaces.
Refrigerated salad bar.
Under counter refrigerator.
Electronic cash register.
Coca Cola upright cold drinks chiller unit.
Tables and chairs for 10 x covers.
Rear washing-up area with:
Double bowl stainless steel sink unit.
Kitchen area with:
White ceramic tiled walls.
2 x stainless steel preparation tables.
2 x deep fat fryers.
4 x ring electric cooker.
Stainless steel sink unit.
6 x rack shelving unit.
Turbo fan oven.
4 x pot Bain Marie.
Chest freezer with stainless steel work surface.
2 x under counter refrigerators.
2 x tables and chairs.
The business benefits from a new uPVC shop frontage, which was installed approximately 12 months ago.