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Newly Fitted Coffee Shop Café Rochdale

Rochdale, Manchester
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Newly Fitted Coffee Shop/Café - RochdaleNewly Fitted Coffee Shop/Café - RochdaleNewly Fitted Coffee Shop/Café - RochdaleNewly Fitted Coffee Shop/Café - RochdaleNewly Fitted Coffee Shop/Café - Rochdale
  • Leasehold: £64,995
  • Turnover: £151,400 £2,912 Per week
  • Net Profit: Not Applicable

Business Details

    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

Description:
REF 7745 – Leasehold Coffee Shop/Café
Blacks Business 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.

Accomodation:
BUILDING LAYOUT AND DESIGN
Sweet Coffee operates from a spacious, single storey retail property on a busy parade. The business has large branding and signage on display above a fully glazed frontage with covered seating area for six to the front. Inside, the main dining area currently offers seating for sixteen (set up for social distancing) - there is space for around twenty two seats. The kitchen is positioned to the rear of the counter area and this is professionally equipped with a range of high end catering equipment. There are also storage and toilet facilities. All areas have been finished to a high standard.



Fixtures & Fittings:
Tables
Chairs
Fridges
Freezers
Drinks Fridges
Cooler Cabinets
Coffee Machines
Microwave
Dishwasher


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


Weekly Rent:
£346 Per Week. Weekly Rent:
£346 Per Week.
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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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