Profitable Greengrocer & Coffee Shop in Busy Ashton-under-Lyne Manchester for Sale
Ashton under Lyne, Manchester
- Status
FOR SALE
- Advert ID
623790
- Reference
B08445 / Rightbiz
- Call Agent:
- Leasehold: £139,995
- Turnover: £250,000 (£4,808 per week)
- Profit: Not Applicable
Business Details
Profitable Greengrocer & Coffee Shop For Sale in Oldham
BusinessPlease quote reference B08445
Discover an incredible opportunity to own Yummy Portugal, CoGoGo presents a thriving greengrocer and coffee shop with an additional bar and bakery potential, located in a bustling area of Ashton-under-Lyne, Oldham. This unique, multi-level business is positioned in a high-footfall area, attracting both locals and passersby.
About the Business
- Ground Floor: A well-stocked greengrocer offering fresh produce.
- First Floor: A vibrant coffee shop and bar, already earning stellar reviews and a strong social media presence.
- Basement: Fully renovated and ready for expansion, with plans for a bakery in place.
- Second Floor: A three-room space needing some work, offering further expansion opportunities (e.g., additional seating or event space).
- Newly Renovated: The property has been meticulously upgraded, making it a turnkey opportunity for the next owner.
- Low Rent: At just £1,211 pcm, the lease is exceptionally affordable for this prime location.
- High Footfall & Reviews: Situated in a busy area with excellent visibility, the business enjoys a loyal customer base and glowing online reviews.
Growth Opportunities
- Extended Trading Hours: Open earlier or stay open later to capture additional customers.
- Advertising Push: Leverage Instagram and local advertising to attract even more clientele.
- Bakery Launch: Utilise the renovated basement space to introduce a bakery, adding another revenue stream.
- Second-Floor Development: Transform the upper level into rentable rooms or additional seating.
- Event Hosting: Use the coffee shop and bar for small events or private bookings.
Don’t miss out—contact us today to schedule a viewing!
Location
Yummy Portugal is located at 157 Stamford Street Central, Ashton-under-Lyne OL6 6XW.
Premises
Yummy Portugal occupies a single-fronted premises adorned with eye-catching signage that draws attention to its thriving storefront. Inside, neatly arranged display stands and shelves showcase a curated selection of goods, while a welcoming service area ensures a seamless customer experience.
Tenure
This opportunity is being sold on a Leasehold basis with 4.5 years remaining on a 5-year lease.
The current rent is £1,211 per month
Hours
The current trading hours are:
Monday - 8:00 am to 9:00 pm
Tuesday - 10:00 am to 9:00 pm
Wednesday to Friday - 8:00 am to 9:00 pm
Saturday - 9:00 am to 9:00 pm
Sunday - 9:00 am to 7:00 pm
Staff
The business is run and managed by our client with the help of 3 staff members.
Financial Profile
This business generated a turnover of £250,000. 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.
Be safe, use a Rightbiz Solicitor
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