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Thriving Cherry Tree Café in Littleborough Manchester Up for Grabs

Littleborough, Manchester
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Well Established Café For SaleWell Established Café For SaleWell Established Café For SaleWell Established Café For Sale
  • Status

    FOR SALE

  • Date Submitted:

    24/02/24

  • Advert ID

    607312

  • Reference

    B07865 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £49,995
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Well Established Café For Sale

Business
Please quote reference B07865

CoGoGo are delighted to welcome to the market a highly rated Café in Littleborough.

The Cherry Tree Café has been under our client's careful ownership for the last 8 years, building up an excellent reputation and loyal customer base.

The business now comes to the open market due to our client's desire to move on and spend more time with her family.

The Cherry Tree are best known for their variety of great food and drinks, friendly, polite staff and quick service.

The menu consists of many delicious hot and cold meals such as, Sandwiches, Full English Breakfasts, Hot Chocolates, Sweet Treats and much more, also offering indoor and outdoor seating and providing the ability to take out and pick up for collection.

The Café has a fully licensed bar and can provide alcohol for the function room which belongs to the Coach House.

There is massive potential to increase the turnover by opening for longer hours and taking more advantage of the function room.



Location
The Cherry Tree Café is located in the Coach House in Littleborough.



Premises
  • Indoor seating (room for 48)
  • Bar
  • Payment counter
  • Function Room (Upstairs)
  • Outdoor Seating (100)
  • Fully Functional Kitchen




Tenure
We are advised this opportunity is being sold on a Leasehold basis with 2.5 years remaining on the lease. The advised rent is currently at £9,000 with gas, electricity ect all included. 



Hours
The current trading hours are:

Monday to Friday - 9:30am to 3:30pm

Saturday - 9:00am to 3:00pm

Sunday - Closed



Staff
We are advised there is 1 full time staff member with the help of 7 part time staff members.



Financial Profile
The advised turnover for 2023 was £161,000. Full financials can be made available upon further request.



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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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