Property Information
Address:
Preston, Lancashire
Price: Property no longer available.
Size: SOA
Primary Category: Businesses For Sale
All Categories:
Businesses For Sale,
Property Ref/Movehut: MH488954
Property Ref/Agent: 2785-popular-cafe-business-near-preston-lancashire-for-sale
*Please use the agent ref when calling the agent directly.
Property description
Hilton Smythe is delighted to welcome to the market this popular caf business in Longton, near Preston, Lancashire.
The business was established by our client in 2013 and is only now being offered to the market due to our client's desire to concentrate on other business commitments. The business operates 5 days per week with private bookings on Sundays and generates a turnover in the region of 180,000 per annum, with a gross profit of approximately 53%.
Our client offers a wide variety of fayre including breakfasts, lunches, sandwiches, Paninis, cakes and pies, as well as a good selection of hot and cold beverages. The business is better known for specialising in bespoke afternoon teas, which have to be booked in advance they are that popular.
The business has built up an enviable reputation within the area for the very high quality of the food and services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations. The business has been awarded a certificate of excellence from the popular website Trip Advisor.
We feel there is scope to increase the turnover by extending the opening hours, perhaps by opening in the evenings as a bistro, with the relevant permissions. A new owner could also embark on a modest marketing campaign to promote the business and the services offered. The business is very popular on the social media website Facebook, with nearly 6,000 likes, although the business would benefit from the launch of a website to advertise the business.
This is an excellent opportunity for a new owner to take this already thriving business to the next level; therefore early viewing must come highly recommended to avoid disappointment.TENUREWe are advised Leasehold:
Original lease length: 5
years
Remaining lease length: 3 years
Rent: 14,000 per annumHOURShe business is open:
Monday: Closed
Tuesday - Friday: 8.30am - 3.30pm
Saturday: 9.00am - 4.30pm
Sunday: Private bookings only.STAFFThe business is owner run and managed with 2 x staff members.FINANCIAL PROFILEThe business generates a turnover in the region of 180,000 per annum, with a gross profit of approximately 53%.
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