For Sale
Extremely Well Established Cafe For Sale
Knutsford, Cheshire
- Asking Price: £319,995 +SAV
-
Turnover:
We are advised as per the 2023 accounts, the business generated a turnover in the region of £595,000 (net of VAT). Further financials can be made available upon request.
- Tenure: Leasehold
Please quote reference B07846
CoGoGo welcomes to the market Cranford Cafe Limited T/A Cranford Cafe & Sandwich Bar, a highly rated cafe and sandwich shop in Knutsford, Cheshire.
There has been a bakery/cafe at the current location since the 1950's, with our clients taking over in 2002. During their ownership, the business has built up a regular customer base and excellent reputation within the community. As seen by the online ratings and reviews (4.5/5 rating and over 320 reviews on Google), they're extremely popular.
Cranford Cafe & Sandwich Bar has now come to the open market due to our clients desire to retire.
This family run business has evolved through the years as a Cafe and Sandwich Bar serving a wide range of traditional, contemporary, vegetarian, vegan and gluten free meals. They provide a wide range of options catering for all dietary needs. This is also extended to their extensive buffet menu for those office meetings or events at home.
The cafe has a significant range of freshly prepared and cooked breakfasts, served all day, every day
Key selling points -
- Extremely well established
- Excellent reputation
- Scope for expansion
- Staff in place
- High footfall location
- Full liquor license in place
- Increase advertising and marketing
- Extend trading hours - Sunday trading, evening operation, event room hire
- Push outside catering
- Potential of a delivery service locally
We are advised that the business currently employs 12 full and part time staff in the week, plus a manager and 8 Saturday staff members.
The current trading hours are -
Monday to Friday - 8:00am - 2:30pm
Saturday - 9:00am - 2:30pm
Sunday - Closed
Cranford Cafe & Sandwich Bar is situated in the heart of Cheshire in the picturesque and historical town of Knutsford.
Due to its location, it receives regular levels of footfall and passing trade.
Basement -
- Used for storage
- Large open plan seating area with modern and bespoke décor
- Large counter with prep area
- Large preparation area and freezer room
- Two customer toilets
- Ample parking in the area
- Parking space for one vehicle behind the premises
Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 10 year lease. The rent is £32,000 per annum.
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Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
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