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Mediterranean Café & Restaurant with Strong Reputation and Customer Base for Sale in Manchester

Undisclosed, Manchester
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Well Established Café & Restaurant For SaleWell Established Café & Restaurant For SaleWell Established Café & Restaurant For SaleWell Established Café & Restaurant For Sale
  • Status

    FOR SALE

  • Date Submitted:

    22/02/24

  • Advert ID

    607203

  • Reference

    B07863 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £89,995
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Well Established Café & Restaurant For Sale

Business
Please quote reference B07863

CoGoGo are delighted to welcome to the market Medo Café, Mediterranean Restaurant, a highly opportunity in Manchester.

Medo Café, Mediterranean Restaurant has been under the careful ownership of our client, building up a great reputation and customer base.

The business now comes to the open market to due to our client's desire to move onto new ventures.

The business offers good breakfast sandwiches along with a warm coffee, salads, tender chicken and much more all at affordable prices.

Medo Cafe, Mediterranean Restaurant holds an A5 license and provides food delivery as well as indoor seating for around 36 customers.

Most customers have said the staff are creative and are very well known for their fine customer service.



Location
Medo Cafe, Mediterranean Restaurant is located on a busy high street of Manchester.



Premises
This is a single fronted premises with eye catching signage and outdoor seating.

  • Table and Chairs (Seats 36)
  • Payment Counter
  • Kitchen (Rear of premises)


Tenure
We are advised this opportunity is being sold on a Leasehold Basis with 3 years remaining on the original lease. The advised rent is at £1,300 per month.



Hours
The current trading hours are:

Monday to Sunday - 9:00am to 5:00pm

Hours are flexible to the owner



Staff
The business is run and managed by our client.



Financial Profile
The advised turnover for this business is around £350,000. 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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