Growing Stoke on Trent Bar & Cafe, Known for Excellent Breakfasts, Up for Sale
Stoke on Trent, Staffordshire
- Status
FOR SALE
- Date Submitted:
24/04/24
- Advert ID
610336
- Reference
B07998 / Rightbiz
- Call Agent:
- Leasehold: £99,995
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Popular & Growing Bar & Cafe Opportunity For Sale.
BusinessPlease quote reference B07998
CoGoGo are delighted to welcome to the market Ron's & Tom's Bar & Cafe, a highly rated opportunity based in Stoke-on-Trent.
This business was established by our client in 2023, where they have successfully built their reputation and have grown loyal customer base.
The turn-key opportunity now comes to the market due to our clients desire to explore new ventures.
Ron's & Tom's Bar & Cafe is a daytime cafe that is well known in the area for early opening/excellent breakfasts. The business is mainly walk in trade with some local deliveries via Just Eat & telephone orders.
Our clients are currently in the process of creating a Gin Bar, which will generate and even greater turnover for the new potential buyer.
Key selling points -
- Fully equipped to a very high standard
- Lots of opportunity for further sales/profit growth
- Potential to expand business space
- Business handover offered
- Low Overheads
- Local advertising
- Create a business website with an online ordering system
- Social media
- Outside catering
- Extend opening hours
- Add evening food takeaway/bistro menu
Location
Ron's & Tom's Bar & Cafe is located in Stoke-on-Trent.
Premises
Ground Floor:
- Open plan cafe with 25 covers
- Commercial Kitchen (newly refitted)
- Our clients are currently in the early stages of creating a Gin Bar
- The premises license has been submitted
- Capacity of 45 persons
Tenure
This opportunity is being sold on a Leasehold basis with 2.5 years remaining ona 3 year lease.
The current rent is £14,000 per annum.
Hours
The current trading hours are:
Monday to Friday - 7:30am - 5:00pm
Saturday - 7:30am to 4:00pm
Sunday - 8:00am - 4:00pm
Staff
The business is run and managed by our clients.
Financial Profile
The business achieved a turnover of £164,000 in 2023. Full financials can be made available upon further request.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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