Blacks Brokers are proud to bring to the market this leasehold coffee shop and chocolatier located in the much sought after area of Chorlton, Manchester.INTRODUCTIONCocoa Tree has been trading since 2012, with a name change in 2015. In that time, it has firmly established itself within the local community and within this business sector as a reliable, trusted and well respected chocolatier and supplier.LOCATIONChorlton is a suburban area of the city of Manchester. The area is popular and well used, lying only four miles outside of Manchester city centre. It is well linked with local motorways and benefits from a metrolink station, providing a direct route into the city centre. This is a high street location in a very popular area, with lots of other independent, up market businesses around, this location also ensures high footfall. Other businesses in the area are florists, coffee shops, banks and hair salons.Reason for SALEThe business is only being offered for sale due to our clients family commitments, making an exceptional opportunity for a new owner to really enjoy this superb business, customer base and reputation.Lease The building is available on a competitive rent on a Full Repair and Insure lease (Fri lease). This is the most common form of commercial property lease. The current lease is a two year rolling lease, which began in 2012 at a cost of £18,000 per annum.Building layout and DESIGNThe business is housed within the ground floor of a single fronted unit with aluminium framed windows and tasteful, clear signage on display. There is roadside parking to the front of the business. Inside, the business is exceptionally well presented and welcoming, designed with a vintage theme and utilizing distressed furniture, the overall effect is very good. The servery area is open plan, with display cabinets and menu boards. The indoor retail space offers 16 seats, with a further 8 available in the warmer months to the front of the shop. In addition to the above, there is also a manager’s office, toilet and well-equipped, professional catering kitchen which is used mainly for chocolate production, however it could also be used as a kitchen to provide hot food for the cafe.Staff There are 5 staff currently employed at the business, all of whom are working part time.Financial details Financial details are available upon a viewing of the business and the business has traded solidly over its trading history. The business generates weekly takings of £2,660 with strong and consistent gross profits. Most customers are from the local area as one would expect.Summary This business offers a unique opportunity for a new owner to acquire a successful, well respected chocolatiers business and coffee shop. Although there are other coffee shops in the area, there are no chocolatiers giving Cocoa Tree a unique selling point and important trade uplift for gifts and seasonal purchases such as Easter eggs. This business offers many opportunities for development. There is a strong demand from customers for a wider range of hot food and cakes, and would be an ideal opportunity for a new owner to develop into a café or tea room with a speciality in chocolate. The owner is able to provide some training and support in chocolate making, or provide contacts for suppliers of chocolates of a high standard. We feel that this proposition would ideally suit an owner operating team/ partnership who could push the business forward and build upon the solid and impressive trading foundations. Viewings are strongly advised to appreciate the unique opportunity this business offers. Business: £49,995.
Please quote ref: 5508