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Established Dessert Parlour Oldham

Middleton, Manchester
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Established Dessert Parlour - OldhamEstablished Dessert Parlour - OldhamEstablished Dessert Parlour - OldhamEstablished Dessert Parlour - OldhamEstablished Dessert Parlour - Oldham
  • Leasehold: £24,995
  • Turnover: £21,000 £404 Per week
  • Net Profit: Not Applicable

Business Details

    Prominent Main Road Location

    Annual Turnover £21,000

    Gross Profit TBC

    Low Rent Only £144 Per Week

    Further Financial Info Available After Viewing

    Established 2017

    Owner Operator / No Staff

    High Footfall Area

    Five Star Food Hygiene Rating

    Superb Reputation

    Strong Social Media Following

    Just Eat Delivery Service

    Comprehensive Website

    Scope To Extend Opening Hours

    EPC - E

Description:
REF 7741 – Leasehold Dessert Parlour
Blacks Business Brokers are pleased to bring to the market this leasehold dessert parlour located in Middleton, Greater Manchester.

INTRODUCTION
Sugar Shack was established in this busy area of Middleton in 2017 and our client took ownership in 2021. The business offers a variety of freshly prepared desserts including waffles, ice creams, shakes and much more. 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 on Google, Just Eat and Facebook. Sugar Shack has a comprehensive website in place.

LOCATION
Sugar Shack occupies a main road trading position within a residential area. The area is densely populated and also has a number of other local businesses nearby including a convenience store, pub and Italian takeaway. There are also a number of schools, parks and other amenities nearby. The area is well linked by the M62 and M60 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 relocation plans, 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 £144 per week.

STAFF
The business operates with our client only in employment supported by family members during busy periods.

FINANCIAL DETAILS
Sugar Shack 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 £21,000 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 well established business occupies an superb trading position in a busy area of Middleton. 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 product lines and longer opening hours. A new owner could also look to utilise social media further and introduce a strong marketing drive. 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
Sugar Shack operates from the ground floor of a mid terraced property on a busy road. The business has large branding and signage on display above a fully glazed frontage. Inside, the servery/counter is positioned to the front of the shop with preparation area and kitchen to the rear of this. All areas are fully equipped and presented nicely.



Fixtures & Fittings:
Tables
Chairs
Freezer x 4
Ice Cream Cabinet
Drinks Fridge
Cake Cabinet
Deep Fat Fryer
Waffle Maker
Chest Freezer
Microwave x 2


Opening Hours:
MON - SUN: 16:00 - 00:00


Weekly Rent:
£144 Per Week. Weekly Rent:
£144 Per Week.
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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.

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