Busy Manchester Shopping Centre Cafe, Cafe Manchester by Hansfords, Up for Sale
City of Manchester, Manchester
- Status
FOR SALE
- Date Submitted:
06/02/24
- Advert ID
606331
- Reference
B07791 / Rightbiz
- Call Agent:
- Leasehold: £64,995
- Turnover: £176,748 (£3,399 Per week)
- Net Profit: £13,033 (8% Profit margin)
Business Details
Cafe In A Busy Shopping Centre For Sale
BusinessPlease quote reference B07791
CoGoGo are delighted to welcome to the market Cafe Manchester by Hansfords, a highly rated Cafe and Sandwich Shop.
The business has been under our clients ownership for a number of years, building up an excellent reputation and regular customer base.
They offer the best of British food and drink in the heart of Manchester City centre's Arndale Food Market. They're passionate about providing top quality fresh produce at a competitive price.
Key selling points -
- Well established
- Outstanding reputation
- Handover period offered
- Busy trading location
- Increase advertsing and marketing
- Create a dedicated business website
- Potentially look at introducing a delivery services in the area
Location
Cafe Manchester by Hansfords is located at the north side entrance for the Arndale Centre on High Street.
Due to its busy trading position, it receives high levels of footfall and passing trade.
Premises
Ideally located unit, with a large service counter.
Glass display units with menus and signs along the wall.
Tenure
We are advised that the business is being sold on a Leasehold basis, currently on 5 year lease (due to expire September 2026) rent and service charge £42,484 + vat per annum
Hours
The shopping centres hours are -
Monday to Saturday - 8:00am - 4:00pm
Sunday - 11:30am - 3:30pm
Staff
We are advised that the business is run and managed by our client.
Financial Profile
We are advised as per the 2022 accounts, the business generated a turnover in the region of £176,000. 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
Get Solicitor
