For Sale

Long-Established Town Centre Café

Darlington, County Durham

£49,950 +SAV

Ref: 14024 A

Contact sales negotiator

Sarah Moores

01204556309

Email Sarah Moores

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Description

Hilton Smythe are delighted to bring to the market Café Valente, an extremely well presented, profitable cafe, situated in a great trading location. Established in the early 70’s our client took over in 2006 and is now looking to retire.

The business boasts good signage, is highly visible, low rent, fitted to a very high standard and beautifully decorated, with a professionally painted feature wall completed by a local artist.

Scope to boost trade:
• Extend trading hours
• Use social media
• Website for online orders
• Local delivery service

The owner also has a full licence to sell alcohol until 11.00 pm every day and also change the use, so there is plenty of potential to open as a restaurant in the evenings. The business must be viewed to fully appreciate the size and potential on offer.

As the café is in the middle of a shopping town there is always daily heavy footfall from passing shoppers. Due to its reputation, the café also has a lot of repeat customers.

The business is enjoying a 27% increase in turnover. Business split 75% eat in and 25% takeaway sales.

This is a truly rare opportunity to acquire an exceptional business which offers terrific potential for future growth and viewings are therefore highly recommended.




Tenure

Leasehold

The business is being sold as a Leasehold.

10 years remain on the current lease as of 2017.

The rent is £16,000 per annum.

Hours

Current opening hours:
Monday – Saturday: 8.30 am – 4.30 pm
Sunday: 11.00 am - 3.30 pm

Staff

The business is owner managed and currently has 6 x part time staff members and 3 weekend workers.

Financial Profile

The business reported a turnover for 2017 of approximately £111,000 with a gross of 74%.

Location

This licensed bistro and coffee house is located in Darlington town centre, just off the main High Street. Surrounded by a wealth of complimentary shops the business benefits from a high volume of footfall and passing trade.

The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property.

There are several railway stations nearby, the closest being Darlington Railway station which is just a 10 minute’ walk away. Also, there's a main bus link to and from surrounding towns such as Stockton-On-Tees.

The area is also well served by the A-roads, with the A68 and the A167 being within easy driving distance of the business, which links to the A1 motorway network.

There is a car park to the rear of the premise.









Premises

Deceptively spacious premises with 50+ covers.

Ground floor
• Café with service area
• Seating for 50+
• Large fully equipped kitchen
• Pantry

First Floor
• Office
• 2 x WC with wash basins

Equipment
• 2 x Ceiling air con/heat units
• Spotlights throughout
• 1 x Till

Kitchen
• Double stainless-steel prep sink
• Dishwasher
• 2 x Microwaves
• Storage racking
• 3 x Stainless steel prep tables
• 2 x Fan ovens
• Double fryer
• Dough mixer
• Tall upright freezer
• Tall upright fridge
• Meat slicer
• 4 x Ring electric oven
• Wall mounted shelving

Service area
• 2.5 m glass fronted display chiller
• Open service drinks chiller
• 2 x Microwaves
• Grill
• 4 x Pan Bain Marie
• Toaster
• Glass fronted cake chilled
• Hand wash sink
• 2 x Arm semi-automated coffee machine and grinder
• Pour and serve filter coffee machines
• Walk in store cupboard
• Rear glass display shelving

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