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Licensed Cafe Bar And Bistro In Birkenhead For Sale

Birkenhead, Merseyside
Asking Price:
£145,000 Furniture / Fixtures included
Sales Revenue:
£211,079
Cash Flow:
Available on request

Main Road Trading Location
Latest Accounts To 5th April 2018
Annual Turnover £211,079
Gross Profit £156,147
Accounts Available After Viewing
Alcohol License In Place
5* Food Hygiene Rating
Customer Seating For 32 Inside
Further 16 Seats Outside
Free Of Tie
2 Bedroom Accommodation
Scope For Evening Trade
EPC - D

6458 Licensed cafe bar and bistro

Blacks Brokers are pleased to bring to the market this licensed cafe bar and bistro in the much sought after affluent village of Irby on the Wirral.

Introduction

Aroma Cafe has been trading on Thingwall Road since it was established in 2010. Since owning the business our client has created an enviable reputation with a large repeat customer base. The business has excellent online reviews and is currently #2 on TripAdvisor. Our client has ensured the business has catered for a wide range of customers offering an array of freshly made breakfasts, lunches and event hosting for parties and private functions.

Location

Irby is a village on the Wirral Peninsula. The village covers an area of 20 square kilometres. To the north of Irby lies the associated hamlet of Irby Hill. The business itself is set on the main high street within a busy shopping parade. Aroma Cafe is well linked with the A540.

Reason for sale

This opportunity is available due our client’s other business interests creating this superb opportunity for a new owner.

Lease

The building is available on a FRI (Full Repair and Insure) lease which began in 2010 and is a ten year lease with the rent at £288 per week. We are advised that the landlord is happy to extend the lease for a new owner if required.

Building layout and design

The business operates from a double fronted property with electric roller shutters over the main door. Inside the main doors lead into the 32 seat cafe/restaurant with a serving counter and bar to the rear. Further back is a customer toilets with baby changing facilities. To the rear of the ground floor there is the fully fitted commercial kitchen

On the first floor there are two double bedrooms, a large lounge, kitchen and bathroom. There is a balcony above the kitchen overlooking the two car parking spaces. The accommodation is currently being used as storage.

Staff

The business is currently ran with 11 staff, 4 full time and 7 part time in employment.

Financial details

We are advised that Aroma Cafe achieves an annual turnover of £211,079 and gross profits of £156,147. Full financial information can be released after an initial viewing of the business.

Business rates

The business benefits from small business rates relief.

Summary

This leasehold business occupies an enviable trading position and has a good base of regular customers in place along with an excellent reputation. There is still scope to develop the existing business further with the introduction of new cuisines and menu choices, along with longer opening hours and a strong marketing drive. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.

Property Information

Property:

Leasehold

Business Operation

Trading hours:

Mon - 8.30am - 5pm
Tue - 8.30am - 5pm
Wed - 8.30am - 5pm
Thur - 8.30am - 5pm
Fri - 8.30am - 5pm
Sat - 9am - 4pm
Sun - 9.30am - 3.30pm

Contact Information

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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