Status: Completed
Tenure: Leasehold
Leasehold Rent: £980 per month
Turnover: £125,000
Bakery in ManchesterBakery in Manchester
Offers Over
£45,000 + SAV

Bakery in Manchester

Completed
  • Reference: 1946
  • Location: Manchester, Greater Manchester
Hilton Smythe is delighted to welcome to the market this well-established cafe business in Swinton, Greater Manchester. The business was established by our client in 2000 and is only now being offered to the market due to our client's wish for a well deserved retirement. The business is run at a pace to suit our client and is open 6 days per week, generating a turnover in the region of £125,000, with a gross profit of 60%.

The turnover is generated by offering high quality and freshly prepared food including hot and cold sandwiches, homemade soups, pies and pastries, bagels and Panini's to name a few. The business also offer business lunches, packed lunches and outside catering, as well as sandwich delivery vans, which operate on a daily basis in all areas of Salford. The vans are also available to be used at special events. The business benefits from its own on site bakery, which supplies the shop and the sandwich rounds with bread, rolls and cakes.

The property benefits from a flat to the first floor, which could be used as owners' accommodation or let out to provide further income. We feel the turnover could be increased by extending the opening hours, perhaps by opening in the evening as a bistro, as well as embarking on a marketing campaign to promote the business and services offered. The business already has an excellent website in place to advertise the business and the vast amount of services offered at www.homemade127.co.uk. We feel this is an excellent opportunity, perhaps for a husband and wife team, to take this profitable business to the next level; therefore early viewing must come highly recommended.

TENURE

We are advised Leasehold:

Original lease length: 25 years
Remaining lease length: 1½ years
Rent: £980 per month

HOURS

The business is open:

Monday - Friday: 7.00am - 2.30pm
Saturday: 8.00am - 1.00pm
Sunday: Closed

STAFF

The business is owner run and managed with 6 x part time staff members.

FINANCIAL PROFILE

The business generates a turnover in the region of £125,000, with a gross profit of 60%.
Homemade passion For Food occupies two-storey corner premises in the town of Swinton, Greater Manchester. The business is located with a parade of complimentary shops and situated on a very busy main road, therefore benefitting from a vast amount of footfall and passing trade. The business further benefits from ample parking within the area. Swinton is a town within the City of Salford on the southwest side of the River Irwell. Swinton and the adjoining towns of Pendlebury and Clifton together have a population of 41,347.

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 approximately half a mile away. The area is also well served by the A-road system with the business situated on the A6, which links to the vast A-road and motorway networks. Salford city centre is approximately 3 miles away and Manchester is 6½ miles away.
Prominent two-storey corner premises, briefly comprising.

Main sales area with:
3 x tables and 6 x chairs.
2 x easy chairs.
Refrigerated service/display counter.
4 x cup coffee machine.
Panini press.
Jacket potato oven.
Microwave oven.
Refrigerator.
Electronic cash register.
Toaster.
Industrial barbecue.
Display shelving.
Menu boards.

Kitchen/bakery with:
2 x Tom Chandler industrial ovens.
Prover.
Barm cake moulder.
60 quart mixer.
25 quart mixer.
Table top mixer.
Pie blocker.
2 x griddles.
Racking.
Trays.
Stainless steel tables and work surfaces.
Walk-in refrigerator.
4 x pot Bain Marie.
2 x pot Bain Marie.
8ft x 8ft Robo cool.
Fly zapper.
TV monitor.
Meat slicer.
3 x scales.
Chest freezer.
Burco boiler.
Industrial can opener.

Lower ground floor with:
Large cellar used for storage.

First floor with:
Lounge area.
Large bedroom.
Fitted kitchen.
Bathroom with bath with shower above, WC and wash hand basin.
(The flat needs refurbishment)

External with:
Small yard to rear with parking for three vans.