For Sale
Highly Rated Cafe In Congleton For Sale
Congleton, Cheshire
- Asking Price: £99,995 +SAV
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Turnover:
We are advised as per the 2022 accounts, the cafe generated a turnover in the region of £280,000. The cafe is forecasted to generate a turnover in the region of £350k, as per the 2023 accounts.
Full financials can be made available upon further request.
Please quote reference B07091
- Tenure: Leasehold
Please quote reference B07091
CoGoGo are delighted to welcome to the market Gather of Cheshire, a highly rated and well established Cafe/Bistro, located in the heart of Congleton, Cheshire.
The cafe was established by our clients in 2015, building up an excellent reputation and loyal customer base, which has organically grown over a 7 year period.
Only now does the cafe come to the open market due to our clients desire to spend more time with family.
The cafe specialises in a wide range of hot and cold drinks, as well as an range of freshly prepared food. The cafe has proven to be very popular within the area, holding a alcohol licence from 11am to 11pm.
As you can see from the online reviews, the cafe is renowned for their customer service, and aims to meet all their needs. This is huge factor in why the cafe is so popular and highly rated.
Key selling points -
- Large social media following (Around 5k likes and followers on Facebook & Instagram)
- Extremely well established
- High footfall
- Scope for expansion
- Handover offered
- Excellent reviews on Trip Advisor
- Increase the trading hours
- Explore delivery platforms/services like Just Eat, Foodhub, Congleton Eats, etc.
- Ideal opportunity for a young dynamic couple or family seeking a challenge.
- Optimisation of the 11am to 11pm licence.
The cafe has 2 full-time and 10 part-time members of staff.
The cafe hours are -
Monday – 9am – 5pm
Tuesday – 9am – 5pm
Wednesday – 9am – 5pm
Thursday – 9am – 5pm
Friday – 9am – 5pm
Saturday – 9am – 5pm
Sunday - Closed
Gather of Cheshire is situationed in the heart of the town, and is a double fronted building on a main road in Congleton.
The cafe receives high levels of footfall and passing trade.
The cafe has an attractive frontage, with eye catching signage and external seating to the front and rear.
Ground floor -
- The cafe has a toal of 35 covers internally.
- Small commercial kitchen.
- 18 weather permitting covers in the rear courtyard.
Tenure
We are advised that the cafe is being sold on a Leasehold basis, with the current lease on a rolling lease agreement. The rent is £900 per month.
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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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