FOR SALE
507264
ID:2957 / Rightbiz
Sovereign are delighted to bring to market Café Se7en. Located in the cosmopolitan Sale area of South Manchester. With good transport links to the city centre and beyond, attractive housing stock and enviable schools this is an area on an upswing.
Especially as the town’s shopping precinct is nearing completion of an ambitious regeneration project. The project which saw the precinct renamed ‘Stanley Square’ has attracted a crop of new bars, cafes, restaurants and independent businesses. The plans also have seen the 2nd floor of the square converted in to 7000 sq ft office space which has very quickly been occupied also with 2 residential towers. There is also a cinema that is due to open in early 2025.
The cafe can cater for 36 covers internally and 12-24 covers externally. Serving a variety of hot and cold food which includes homemade soup, a range of breakfasts made to order and freshly made sandwiches, toasties and baguettes all generating a healthy turnover of circa £3,000 per week. The business also has a 5* Food Hygiene Rating.
Currently trading Monday to Saturday 9am to 4pm there is vast scope to increase the turnover by extending the opening hours and capitalise on the evening and weekend trade. The unit has its own first floor kitchen which would allow for a ghost kitchen. Which would make the business a viable option to change into a bistro in the evening.
The business is run by two full time members of staff who are front of house and can also food prep. The business is leasehold with a fix terms 5 year lease which started September 2022.
On the market for a competitive £74,950 SAV. Therefore viewing is highly recommended to appreciate the quality of this going concern.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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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