Reputable Restaurant For Sale - Hilton Smythe
£0 £1000000
£0 £1000000

Archived

Reputable Restaurant For Sale

Wakefield, West Yorkshire

  • Asking Price: £79,995 +SAV
  • Turnover: Hilton Smythe highly recommend early enquiry to avoid disappointment. This lovely little business is likely to attract considerable interest. We are advised the business generated a turnover of circa £280,000, further financial information can be made available upon request.

    Please quote reference B06607

  • Tenure: Leasehold

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Please quote reference B06607

Hilton Smythe are pleased to have been given the opportunity to manage the sale of No Manches which is a well-established restaurant with a renowned reputation amongst local residents. This is a superb opportunity to take on a high turnover local business in an area teeming with customers. No Manches was founded by the current owners in 2020 and has been a real labour of love for them accruing an impressive number of regular customers and a burgeoning reputation.

No Manches was created due to the owners love for Mexican food and a wish that the Mexican food options available on the market could just be a little healthier. This resulted in No Manches being born and identifying as ‘Mexican inspired healthy food’ serving plenty of vegan/ dairy free/ gluten free options including burritos, tacos, salad bowls, desserts, totopos, street food style options as well as healthy freshly prepared juices and smoothies, coffee (with locally roasted beans) and a very special ‘real hot chocolate’ or Mexican hot chocolate. The sale of the business includes the company car. 

The business has built up an enviable reputation within the area due to the high quality products and service offered and has built up a loyal customer base both with customers eating in and also ordering for delivery/ take out. Though the owners have thoroughly enjoyed creating and running the business it now comes to the market due to the owners’ wish to pursue a change in direction.

The owners are keen to see their beloved restaurant pass to an ambitious and entrepreneurial new owner who can take this already thriving business to the next level No Manches is a Mexican inspired restaurant producing an impressive range of food, freshly prepared on the premises using local ingredients wherever possible and with an eye on health and nutrition. For example their juices are blended each morning using the freshest fruits and nothing else! The business does its best to protect the environment by using compostable and eco- friendly packaging wherever possible. Customers are encouraged to bring in their own re-usable coffee cups or packaging in order to receive a discount on their order.

Additionally the business offers a catering service providing amazing, presentable and delicious food for any event and has experience for all events such as birthdays, weddings, children’s parties, and corporate events. Food can be ordered online and delivered via the online ordering tool on the restaurant’s website, Just Eat, Deliveroo or Uber eats. The sale will include the company delivery car- sign written and in the same colour and branding as the shop.Also included is the company website (www.nomanches.co.uk) which takes online orders for collection and delivery, Facebook page and Instagram feed and the business enjoys great visibility on the internet via websites such as www.tripadvisor.co.uk, www.happcow.net and www.experiencewakefield.co.uk The business benefits from impressive reviews such as;

“Gorgeous food- we got the tofu burritos and loaded fries, everything arrived hot and on time. Will definitely be ordering again, unreal vegan options!”

“I absolutely love this place the food always tastes fantastic and fresh! Honestly my favourite restaurant in constantly craving!! I recommend it all the time to all of my friends because the foods so good!”

“Consistently excellent food, always satisfying, Wakefield is lucky to have this place!”

“Lovely cosy place in Wakefield with delicious food and tasty coffee”

ONLINE RATINGS

Uber Eats- 4.8 out of 5- based on 215 reviews

Just Eat- 5.82 out of 6- based on 251 reviews

Google- 4.7 out of 5- 56 reviews

Trip Advisor- 5 out of 5- 27 reviews

Facebook- 5 out of 5- 52 review

Scope to improve

  • Advertising and marketing campaign
  • Explore the possibility of franchising the brand or opening further outlets (No Manches is trademarked and this will be transferred along with the business)
  • Extend the opening hours perhaps opening for breakfasts (an option previously explored by the current owners which was very successful)
  • Introduce a loyalty card/ scheme
Reasons to buy

  • A well-established business with an enviable reputation and many existing customers
  • All fixtures and fittings included making this a real Turnkey business opportunity
  • Ideal owner managed or partnership business
  • Current owner happy to offer a handover to ensure the continued success
  • Prime trading position
  • Priced to sell, the business values much higher and thus represents somewhat of a bargain for a lucky new owner.
All fixtures and fittings and kitchen equipment down to crockery, glasses and cutlery etc is included in the sale making this a real Turnkey business opportunity for a lucky new owner.

Hilton Smythe highly recommend early enquiry to avoid disappointment

This lovely little business is likely to attract considerable interest.

The business is owner-run and managed with the help of 2 full-time and 3 part-time staff members in the cafe and 1 delivery driver.

The business trading hours are as followed:

Monday to Thursday - 11:00am - 14:00pm then 16:00pm - 20:00pm

Friday & Saturday - 11:00am - 21:00pm

Sunday - Closed

No Manches is located in Wakefield. Wakefield is a cathedral city in West Yorkshire. The city is on the River Calder at the eastern edge of the Pennines. The city had a population of 99,251 at the 2011 census. The district borough governed from the city had a 2019 estimated population of 348,312.

Wakefield has good access to the motorway system with the intersection of the M1 and M62 motorways, junctions 42/29 lying to the north west, whilst the M1 to the west is accessed at junctions 39,40, and 41. The A1(M) is to the east of the district. No Manches is ideally situated in a main road position and sits alongside other complimentary retail businesses such as barbers, hairdressing and other restaurants and thus benefits from high levels of footfall and passing trade. The business is beautifully presented and maintained with clear distinctive signage and colourful, unique & eye catching design. There is on street parking immediately opposite which is pay and display and there are a number of inexpensive public car parks within easy walking distance.

PREMISES

No Manches occupies ground floor premises and is presented and maintained to the highest standards and briefly comprises;

Restaurant

Windows and glazed door to front creating a light, airy and inviting interior, quirky with a pleasing upmarket feel, high ceilings with feature pendant lighting, reclaimed wood shelving, engineered oak and tiled floor, bespoke counter with reclaimed wood, EPOS till system, La Spaziale coffee machine and Anfim on demand grinder, bespoke crockery storage, floating shelves, feature chalked menu boards, nice quality tables and trendy chairs along with wooden benches with throws providing approximately 20 covers, breakfast bar to front window, unique art work and one offmural walls lovingly painted by the owners themselves.

Kitchen

Comprehensively equipped catering kitchen with tiled walls and floor, full extraction system with stainless steel canopy, chest freezer, multi compartment stainless steel fridge, Bain Marie, 6 pot salad bar, Salamander grill, stainless steel commercial range cooker with fan oven, wall mounted boiler.

WC

With close coupled toilet and hand wash basin.

Tenure
We are advised the business is being sold on a Leasehold basis with 5 years remaining on the Lease, the rent is £1000 per month.

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