Highly Rated Independent Cafe in Sale Manchester Available for Sale, Great Expansion Potential
Sale, Manchester
- Status
FOR SALE
- Date Submitted:
09/01/24
- Advert ID
604759
- Reference
B07750 / Rightbiz
- Call Agent:
- Leasehold: £84,995
- Turnover: £153,817 (£2,958 Per week)
- Net Profit: £28,890 (19% Profit margin)
Business Details
Highly Rated Cafe For Sale
BusinessPlease quote reference B07750
CoGoGo are delighted to welcome to the market Serendipitea and Coffee, a friendly and independent cafe in Sale, Greater Manchester.
The business was first established by our client in 2013, building up an excellent reputation and regular customer base during it's many years of operating. As seen by the ratings and reviews on Google, the cafe is extremely popular within the community.
Serendipitea and Coffee has now come to the open market due to our clients desire to move onto other business interests.
They're proud to be local and independent and get really involved by fundraising for worthwhile local causes, supporting other businesses and being a hub for all sorts of groups who need a space.
All of their food is prepared freshly to order for you to enjoy in or take away.
Key selling points -
- High footfall location
- Scope for expansion
- Staff in place
- Outstanding reputation
- Repeat custom
- Increase trading hours
- Push advertising and marketing
- Offer local deliveries
- Potential for outside catering
Location
Serendipitea and Coffee is situated on Washway Road in Sale, Greater Manchester.
The business has eye catching signage and due to its location on the main road, it receives high levels of footfall and passing trade.
There is ample parking in the area.
Premises
Basement -
- Private dining area with stools, tables and chairs.
- Modern decor and furnishings
- 30+ covers which could be increased
- Fitted kitchen area with ample storage space
- WC
- External seating
Tenure
We are advised that this business opportunity is being sold on a Leasehold basis, currently on rolling 3 year lease agreement (Started March 2022). The rent is £8,000 per annum.
Hours
The current trading hours are -
Monday to Saturday - 8:00am - 2:30pm
Sunday - 9:00am - 2:00pm
Staff
We are advised that the business is run and managed by the owner, with the help of staff.
Financial Profile
We are advised as per the 2022 accounts, the business generated a turnover in the region of £154,000. Further financials can be made available upon request.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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.
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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.
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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.'.
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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.
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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
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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