Back to listings Save

Established Cafe Middleton

Middleton, Manchester
1 of 1
Established Cafe - Middleton Photo 1
Established Cafe - Middleton Photo 2
Established Cafe - Middleton Photo 3
Established Cafe - Middleton Photo 4
Established Cafe - Middleton Photo 5
Enlarge
Established Cafe - MiddletonEstablished Cafe - MiddletonEstablished Cafe - MiddletonEstablished Cafe - MiddletonEstablished Cafe - Middleton
  • Leasehold: £89,995
  • Turnover: £300,000 £5,769 Per week
  • Net Profit: Not Applicable

Business Details

    Prominent Shopping Parade Location

    Five Star Food Hygiene Rating

    Projected Annual Turnover 2022 £300,000

    Accounts Available Year End 31st March 2021

    Accounts Available After Viewing

    Seating For 20 Customer Inside

    Seating For 6 Customers Outside

    Uber Eats Delivery Service In Place

    High Footfall Area

    Strong Social Media Following

    Fantastic Online Reviews

    Scope To Extend Opening Hours

    Potential To Introduce Outside Catering

    EPC - F

Description:
REF 7610 Leasehold Café
Blacks Business Brokers are pleased to bring to the market this leasehold long established café located in Middleton, Greater Manchester.

INTRODUCTION
The Korner Kitchen was established by our client in this busy area of Middleton in 2015. The business offers a range of freshly prepared breakfasts, sandwiches, salads and afternoon teas. 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 it's prominent location within a popular shopping parade. Our client has ensured the business has an excellent reputation and superb reviews are noted on Google, Facebook and Uber Eats. The business also has a strong social media following.

LOCATION
The Korner Kitchen occupies a prominent trading position within a parade of shops. The area is densely populated commercially with neighbouring businesses including independent retailers as well as large multiples such as Tesco Express, Betfred and many more. There are also a number of local amenities nearby including a large car park and The Post Office. The area is well linked by the M60 and M62 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 commitments, 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 ten year lease which began in 2015 at a cost of £323 per week.

STAFF
The business operates with one full time and three part time members of staff in employment supporting our client working on a full time basis.

FINANCIAL DETAILS
The Korner Kitchen has traded solidly since opening and our client has established a strong repeat customer base. The accounts year end 31st March 2021 show that the business has an annual turnover of £131,469 and a gross profit of £84,048. Full financial information can be made available after viewing.

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

SUMMARY
This long established business occupies a superb trading position in a bustling area of Middleton. Our client has secured a strong customer base and an impressive trading history. There is plenty of scope to develop the business further with the introduction of new menus, evening opening hours and the introduction of outside catering. 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.

Accomodation:
BUILDING LAYOUT AND DESIGN
The Korner Kitchen operates from the ground floor of a large, purpose built retail unit in a prominent shopping parade location. The business has large branding and signage on display above a fully glazed frontage, there is a small outdoor seating area to the front of the premises which seats six customers. Inside, there is a large seating area for twenty customers, a servery counter to the rear which has a coffee machine and further behind this is a fully equipped kitchen area. There is also a storage area and staff toilets. At the rear of the property is a yard which has a garage attached which the current owner uses for additional storage. All areas are fitted with good quality fixtures and fittings and are presented well.



Fixtures & Fittings:
Tables
Chairs
Counter
Epos Till System
Dishwasher
Griddle
6 Ring Burner Cooker
Upright Fridges x 2
Upright Freezer x 2
Double Door Commercial Freezer
Drinks Display Fridge


Opening Hours:
MON - SUN: 08:30 - 14:00


Weekly Rent:
£323 Per Week. Weekly Rent:
£323 Per Week.
Read more

Contact Agent

Contact the seller for more details, or book a viewing

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

Do not 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 amount 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.

0 of 0

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.

0 of 0

Recently viewed businesses

Disclaimer

The data showed regarding this advert 'Established Cafe Middleton - 7610 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.