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Busy cafe on darwen market - annex
Very healthy takings
Excellent profit margins
Great opportunity to own and run your own business
Genuine reason for sale
Enormous scope to increase takings
5 stars/scores on the door - food hygiene rating
Good loyal regular customer base
High footfall environment
Available immediately - don't miss out
Ainsworth Lord Estates are thrilled to be offering for sale this very profitable cafe on Darwen Market.
This very well established business has an excellent reputation with a score of 5 on the door for hygiene etc.
Situated in the Annex, and currently trading 5.5 days a week, this cafe has very healthy taking and produces a surprisingly high profit each month.
It currently offers a menu that appeals to a loyal customer base, using good quality locally sourced products. Many customers are regular repeat customers, and being on the market this Cafe also benefits from the footfall you would expect on a market.
It currently has approx 30 Covers, but there is scope to increase this, to boost business further.
The current trading hours are:
Mon-Sat 8.30 - 5pm with the exception of Tuesdays when the market closes at 12.30 (You don't need to open on Tuesday's if you don't want).
The profits this business generates is very surprising indeed. As a guide, the current owner tells us that one week's taking covers his costs for the month, with the rest of the month's takings being profit.
The rent for this market stall is all-inclusive, including a store room, water, electric, waste refuse, rates, and heating. The only exception being - Gas. The owner tells us his gas bill is approx £30 per qtr.
The liability Insurance for this cafe is currently approx £100pa (yes, that's right only one hundred pounds a year).
Staffing costs are minimal, being currently run by the owner and a part-time member of staff.
Growth potential... Want to Increase takings....?
In our opinion this business has lots of growth potential. The current owners have been very happy with it's performance, but new owners could take this business to the next level quite easily. No doubt the new owners will have lots of ideas, but to help, we have identified several ways to grow this business further and are happy to discuss these with potential qualified buyers.
The stall is currently leased from the local Council through Capita. The existing lease has approx 18 months left to run and as you would expect it will be renewed.
The sale price includes Goodwill and Fixtures and Fittings (plus stock at cost). We have a full schedule/inventory available for inspection at our office.
We believe there will be lots of interest in this business, so we encourage interested parties to do their own due-diligence and get in touch straight away before it's too late.
For more information about this property, please contact Ainsworth Lord Estates Ltd, BB3 on +44 1254 271085 * (local rate)
Contact Ainsworth Lord Estates Ltd about this property
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