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Profitable Heywood Cafe Takeaway & Accommodation Business For Sale

Heywood, Manchester
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Well Established And Profitable Cafe Takeaway With Accommodation In Heywood For Sale Photo 1
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Well Established And Profitable Cafe Takeaway With Accommodation In Heywood For SaleWell Established And Profitable Cafe Takeaway With Accommodation In Heywood For SaleWell Established And Profitable Cafe Takeaway With Accommodation In Heywood For SaleWell Established And Profitable Cafe Takeaway With Accommodation In Heywood For SaleWell Established And Profitable Cafe Takeaway With Accommodation In Heywood For SaleWell Established And Profitable Cafe Takeaway With Accommodation In Heywood For SaleWell Established And Profitable Cafe Takeaway With Accommodation In Heywood For SaleWell Established And Profitable Cafe Takeaway With Accommodation In Heywood For SaleWell Established And Profitable Cafe Takeaway With Accommodation In Heywood For SaleWell Established And Profitable Cafe Takeaway With Accommodation In Heywood For SaleWell Established And Profitable Cafe Takeaway With Accommodation In Heywood For SaleWell Established And Profitable Cafe Takeaway With Accommodation In Heywood For SaleWell Established And Profitable Cafe Takeaway With Accommodation In Heywood For Sale
  • Status

    FOR SALE

  • Date Submitted:

    21/11/22

  • Advert ID

    504066

  • Leasehold: £29,950
  • Turnover: £145,600 (£2,800 Per week)
  • Net Profit: On request

Key Features

  • Fully Fitted
  • Retirement Sale
  • With Car Park
  • Price Reduced
  • Established Business
  • Potential for Alternative Use

Business Details

Well Established And Profitable Cafe Takeaway With Accommodation In Heywood For Sale

We are delighted to bring to the market this well-established cafe/ takeaway business situated on a busy road in Heywood, Greater Manchester.

Established in 2009, the cafe is well positioned with other businesses either side and is close to the town centre.

The business benefits from continued repeat custom, enjoying a highly respected reputation locally with takeaway orders, in house orders, along with an online app and delivery service via their own website.

The business has a large range of food options from traditional breakfasts and coffees to gourmet daily specials and desserts and boasts a 5-star hygiene rating which was assessed and awarded by the FSA (Food Standards Agency) in February 2022. The business has gained ‘Elite’ status following being awarded three,5-star ratings in a row.

There is also a great opportunity to increase trade by extending the opening hours which are currently limited.

The cafe has covers for up to 25, there is counter area in the entrance with kitchen in the rear and separate storage area. There is parking available to the rear.

Situated above the cafe is a spacious two-bedroom flat, which is currently let out on an AST, providing an additional revenue stream.

There is potential here again, for an owner occupier to take advantage by utilising the accommodation above.

Previous years trading accounts are available, however due to the global pandemic with COVID-19, the accounts do not reflect the current trading position, which is considerably higher.

The cafe is currently turning over £2,800 per week with a gross profit margin of 70%. The business runs very efficiently, with few part time staff and an owner operator.

The flat above is currently let out at £143 per week on a bills inclusive basis.

The lease is for 10 years, which commenced in 2019 at an annual rent of £8,500 per annum.

Genuine retirement sale, a great opportunity to take over a well-established business which is run efficiently with substantial profit margins.

• Weekly Turnover of £2,800 Per Week.

• Additional Income From Flat Above of £143 per week.

• Rent of £8,500 Per Annum (lease of 10 years)

• Covers for 25 People.

• five Star Food Hygiene Rating.

• Genuine Retirement Sale.

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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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