Thriving Cafe Bar & Lounge in Liverpool, Merseyside For Sale
- Asking Price: £25,000
- Turnover: The business generates a turnover in the region of £90,000, with a reported gross profit of approximately 64%.
- Tenure: Leasehold
Hilton Smythe is delighted to welcome to the market this well-established and popular cafe bar in Liverpool, Merseyside. The business was established by our client in 2012 and is only now being offered to the market due to our client`s other business interest. The business is open 5 days per week and generates a turnover in the region of £90,000, with a reported gross profit of approximately 64%. The turnover is generated from the preparation of fresh, quality foods including full breakfasts, Panini`s, toasted sandwiches, jacket potatoes, sandwiches etc, as well as a selection of hot and cold beverages. The business boasts a 5 star food and hygiene rating.
The cafe bar and lounge caters for the professional and administrative occupants of the Port of Liverpool Building, which is approximately 500, as well the tourist/visitor trade. The numbers of tourists creates a vast amount of footfall due to the attractions within the area such as the Mersey ferry and bus tours. The neighbouring Cunard Building is to become a depot for the cruise liners berthing at Liverpool in September 2014; this will provide immense opportunity for further tourist trade.
The turnover could be increased by extending the opening hours to fit in with the opening times of the building. There is also potential to offer buffets and outside catering. The premises have been rewired and refurbished to a very high standard. We feel this is an excellent opportunity for a new owner, possibly a husband and wife team, to take this thriving business to the next level; therefore early viewing must come highly recommended to avoid disappointment.
The business is owner run and managed with 1 x full time and 1 x part time staff members.
The business is open:
Monday – Friday: 7.00am – 3.00pm
Saturday – Sunday: Closed
The Cinnamon Cafe Bar and Lounge is situated on the ground floor of the magnificent and iconic Port of Liverpool Building at the Pier Head, Liverpool. The Port of Liverpool Building, more commonly known as the Dock Office is a grade II listed building and is sited at the Pier Head along with the neighbouring Liver Building and Cunard Building, making up Liverpool`s Three Graces, which line the city`s waterfront.
The business benefits from ample parking within the area, as well as a vast amount of footfall and is surrounded by a wealth of complementary businesses. The area is well served by the public transport links, with several bus stops within easy walking distance of the property, Liverpool James Street railway station is also within easy walking distance. The area is also well served by the A-road system with the A5036 within close proximity, which links to the vast A-road and motorway networks. St. Helens is approximately 13½ miles away and Warrington is 19½ miles away.
The entrance to the cafe bar is on the ground floor of the building through an impressive main hall and briefly comprises of:
Good quality tables and chairs, lounge chairs and bar stools with counter for up to 20 x covers.
Easy clean cushion flooring.
Large service area.
Vertical blinds to windows.
Atmospheric drop lighting.
Attractive large L-shaped service counter with chestnut counter top, deli style refrigerated display unit and other display units underneath.
The inventory includes: Tables, chairs, 6 x faux leather armchairs, 2 x bar stools, ornaments, wall art, an attractive display unit, refrigerator, drinks refrigerator, shelving, counter top refrigerator, deli style refrigerated display unit, stainless steel sink unit and drainer, stainless steel worktop, dishwasher, ice cream machine, drop lighting, refrigerated drinks stand, jacket potato machine, service counter, electronic cash register with EPOS system, 3 x cup coffee machine, Panini maker, microwave oven, toaster, 6 x pan Bain Marie, soup kettle and fly zapper.
We are advised Leasehold:
Original lease length: 10 years.
Remaining lease length: 8 years.
Rent: £4,000 per annum plus a service charge of £3,383 per annum.