Desription This is a superb opportunity to purchase a well established and profitable cafe with excellent potential for sustained and future growth within Morley, a small market town in Leeds.
This fantastic cafe with 40 covers is located in one of the main shopping centres in the very heart of Morley, and within a large number of mainstream businesses and other smaller independent retailers and with plenty of parking.
The business has previously had a licence but the vendor let this lapse. However there would be no issue for new owners to obtain a new one.
Having successfully operated in the town and under current ownership for the last 18 years, this business has become very highly renowned and earned itself an excellent reputation for offering the best quality and finest hot and cold meals, teas, coffees, cakes and biscuits within the area to the local community and to the high number of footfall and passing trade from people visiting the town as well as the high number of residents. These services always come with a warm, friendly and a very local smile. The business therefore enjoys an extensive and loyal customer base attracting repeat trade from the immediate vicinity as well as neighbouring villages and towns and high number of visitors to the area.
The business operates from highly visible corner premises, which is presented to an excellent standard, with a fully equipped kitchen plus an excellent range of fixtures and fittings to go with the sale.
Frankie’s is a thriving and lucrative business operated by the owners with 3 part time members of staff. The business operates 7 days of the week. The business also offers excellent scope for future growth and improvement and would therefore ideally suit an ambitious and energetic business person, couple or family that have the opportunity to extend and add to the menu already on offer at this excellent cafe and with the additional of extra opening hours or delivery Service. These enhancements will undoubted
Sales Weekly Turnover – approx. £1,500 – 1,800
Accounts Accounts available upon request
Trading Hours Monday – Sunday 8.30am – 3.30pm
Staff Operated by the owner and 3 part time members of staff
Building External Highly visible, corner property occupying a prominent trading position.
Building Internal Upon entrance to this unique business you find a well lit and traditional 40 cover cafe with the main kitchen to the rear.
Residential Accommodation No accommodation
Tenure We are advised that the business comes to market as a Leasehold business. Annual rent is £14,000 and is on a 10 year lease with remaining 8 years left.
We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.
Summary A fantastic opportunity to, purchase a highly profitable business with terrific potential for future growth and improvement. Viewing is highly recommended.
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