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Newly Fitted Coffee Shop/café - Rochdale For Sale

Rochdale, Greater Manchester, UK
Asking Price:
£50,000 Furniture / Fixtures included
Sales Revenue:
£151,400
Cash Flow:
Available on request

Prominent Shopping Centre Location
Annual Turnover £151,400
Further Financial Info Available After Viewing
Recently Renovated
High Value Equipment
Indoor Seating For 16
Outdoor Seating
Retirement Sale
Five Star Food Hygiene Rating
Scope For Outside Catering
Potential For Delivery Service
Scope To Utilise Social Media Further
EPC - G

REF 7745 – Leasehold Coffee Shop/Café

Blacks Brokers are pleased to bring to the market this leasehold newly fitted coffee shop/café located in Rochdale, Greater Manchester.

INTRODUCTION

Sweet Coffee was established by our client in this affluent residential area of Rochdale in 2020 after a full shop renovation. The business offers traditional breakfasts and lunches with much of the produce made in store. 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. Sweet Coffee has a basic website in place and good social media following.

LOCATION

Sweet Coffee 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 The Coop. There are also a number of housing estates, schools and other local amenities nearby. The area is well linked by the M66 and M62 with very strong public transport links and parking is available immediately outside the premises.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but due to our client’s retirement, 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.

LEASE

The building is available on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial lease. The current lease is a five year lease which began in 2020 at a cost of £346 per week.

STAFF

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

FINANCIAL DETAILS

Sweet Coffee 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 £151,400 and gross profit to be confirmed. Full financial information is available upon request.

BUSINESS RATES

Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY

This newly fitted business occupies an enviable trading position in a busy and sought after area of Rochdale. 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 menu options and longer opening hours, possibly to include evenings. A new owner could also look to upgrade the website to include booking system and utilise social media for a local marketing campaign. 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

Business Operation

Trading hours:

MON - FRI: 07:30 - 15:00
SAT: 07:30 - 15:00
SUN: 08:30 - 15:00

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