For Sale

Thriving Cafe, in Perfect Trading Position

Middlesbrough, Cleveland

£18,999 +SAV

Ref: B05010

Contact sales negotiator

Aidan Murphy

01204556301

Email Aidan Murphy

Share this property
Share

Description

Hilton Smythe welcomes to the market No 1 Diner.



Occupying a prominent and monopoly trading position within this large industrial area. This family run café has seen year on year growth since opening in 1996 with our client taking over in 2016.



The café offers hot and cold food to either eat in or take away. Dishes include home-made curries, pies, jacket potatoes and daily specials.



The café reports a good turnover of £78,000 with a gross profit at 65% for this financial year.



The open plan café caters for up to 23 covers and boasts a large fully equipped kitchen. Our client also offers a delivery service in the area.



We believe the business has scope for growth, perhaps by offering an outside catering service or extending opening hours to increase turnover.



We highly recommend early viewing of this turn key business venture, which genuinely comes to the market as our client looks towards a well-deserved retirement.

Tenure

Leasehold

We are advised the business is being sold as a Leasehold opportunity.



The original lease length is 3 years, with 2.5 years remaining.



Rent is £5150 per annum

Hours

The business opens: -

Monday to Friday 7.00am – 1.30pm

Saturday 7.00am – 11.30am

Sunday - Closed

Staff

The business is owner run and managed with the assistance of 2 part time members of staff.

Financial Profile

The café reports a good turnover of £78,000 with a gross profit at 65% for this financial year.

Location

No 1 Diner is located in the large town of Middlesbrough in North Yorkshire.



The business is located within a thriving and well-known commercial area of the town, surrounded by a plethora of service industries.



The business is ideally located just off the heavily used commuter road A66 connecting the town to the A1(M) and national motorway network beyond.



The business benefits from ample parking to the front for both owners’ and customers alike.

Premises

The main entrance to the cafe is from an open car parking area providing plenty of space for owner and customers alike.



The open plan cafe caters for up to 23 covers, all seated at tables.



To the right of the entrance is a toilet with wash basin and a separate store room.



The serving area is to the right with a refrigerated serve over display unit and chest freezer for storage. This leads to the open plan kitchen area.



The open plan kitchen runs almost the full length of the cafe and is well equipped with:

• Oven and hob,

• Freezers x 2

• Hot plate,

• Fryer,

• Toaster,

• Microwaves x 3

• Grill,

• Fridges,

• Prep area with sink,

• Extractor unit,

• Fridge

• Plenty of under counter storage.

Read some of our helpful guides and blogs

Blogs

10 brilliantly designed restaurants in the UK

7th October 2016

As a Business Brokers, we’ve come across many restaurants all different sizes […]

Blogs

10 ways to advertise your business for free

28th May 2015

Advertising can be expensive, however when you’re just starting out or are […]

Blogs

4 things to consider when you sell a business

4th January 2018

Every major decision requires careful thought and consideration, and very few decisions […]

Blogs

4 ways to attract buyers to your Fish & Chip Shop

19th February 2018

Despite the ever-increasing range of fast food options available to us in […]