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Leasehold Cafe & Gift Shop - Chorley For Sale

Chorley, Lancashire, UK
Asking Price:
£74,995
Sales Revenue:
£176,334
Cash Flow:
Available on request

Accounts Available Year End 31st January 2020
Annual Turnover £176,334
Gross Profit £88,870
Accounts Available After Viewing
Rent £375 Per Week
Town Centre Location
Established Since 1995
Extremely Well Equipped
Well Presented Throughout
Comprehensive Website
Scope For Development From Online Sales
EPC Rating - B

REF 7185 – Leasehold Cafe & Gift Shop - Chorley

Blacks Brokers are pleased to bring to the market this Card & Gift Shop located in Chorley, Lancashire.

INTRODUCTION

Bluehouse was established in this busy area of Chorley in 1995 and our client took ownership in 1997. The business offers a range of cards and gifts as well as welcoming customers into it’s twenty seater café/coffee shop area. It has become very well known in this area and has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this excellent trading position. Our client has ensured the business has an excellent reputation and superb reviews are noted online. Bluehouse has a comprehensive website in place.

LOCATION

Bluehouse occupies a main road trading position within a parade of shops and offices. The area is densely populated commercially with neighbouring businesses including independent retailers as well as large multiples such as KFC and Wickes. Chorley Retail Park and Chorley Football Club are also nearby. The area is well linked by the M61 with very strong public transport links and parking is available in the surrounding area.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but due to our client’s other business and family commitments being higher than anticipated, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

STAFF

The business operates with five members of staff in employment supporting our client working on a full time basis.

FINANCIAL DETAILS

Bluehouse has traded solidly since opening and our client has established a strong repeat customer base. We are advised that the business has annual turnover of £177,334. Full financial information is available upon request.

BUSINESS RATES

The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY

This profitable and long established business occupies an enviable trading position in a busy area of Chorley. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of new products and longer opening hours, possibly some development of the website and social media presence could be useful. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.

Property Information

Property:

Leasehold

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