£0 £1000000
£0 £1000000

Well established Cafe/Delicatessen for sale

Bolton, Lancashire

< 1-13 >

Enlarge

For Sale

£124,950 +SAV

Ref: B06291

Leasehold

Overview

Please quote reference B06291

Hilton Smythe are pleased to have been given the opportunity to manage this sale of a well-established Cafe/Delicatessen in HOrwich, Bolton with a renowned reputation amongst local residents. This is a superb opportunity to take on a popular, profitable and well used local business in an area teeming with customers.

The business was founded by the current owner 18 years ago, and was expanded in 2007. It now occupies a double fronted unit in a prominent position on the high street. It has accrued an impressive number of regular customers along with a fantastic reputation.

The business is now being sold, albeit reluctantly due to the owner’s wish to pursue a change of direction. She is keen to see her beloved Deli / Café/ pass to an ambitious and entrepreneurial new owner(s) who can take this already thriving business to the next level.

A full breakdown on the fixture & fittings and equipment can be made available upon further request.

The popular café side of the business offers a great breakfast and lunch menu with the dishes being freshly prepared on the premises and using local and in season ingredients wherever possible.

The deli offers a wide range of quality products many of which are also used on the cafe menu. The deli also has a hamper business.

The sale will include the company website, Facebook and Twitter & Instagram pages and the business enjoys great visibility on the internet with some impressive reviews from the likes of Google and Trip Advisor.

Scope to Improve -

  • Advertising and marketing campaign
  • Extend the opening hours, perhaps include evenings or Sundays.
  • Expand the hamper business
  • Introduce a sandwich round delivering to local businesses etc
  • Develop the outside catering side of the business
Reasons to buy -

  • A well-established and respected business with an enviable reputation and many existing customers
  • All fixtures and fittings included making this a real Turnkey business opportunity
  • Prime trading position with lots of footfall
  • Ideal owner managed or partnership business
  • Low running costs with inexpensive rent and no business rates
  • Current owner is willing to offer a handover to ensure the continued success.
  • Hilton Smythe highly advise early enquiry to avoid disappointment
  • This lovely business is likely to attract considerable interest.
Hilton Smythe highly advise early enquiry to avoid disappointment. This lovely business is likely to attract considerable interest.

Turnover
We are advised that as per the 2019/20 accounts, the business generated a turnover in the region of £160,000. Full financials can be made available upon further request.

Please quote reference B06291

We are advised that the business is owner run with the help of 4 part-time staff members.

The business hours are -

Monday - 09:30 – 16:00
Tuesday - 09:30 - 16:00
Wednesday - Closed
Thursday - 09:30 - 16:00
Friday - 09:30 - 16:00
Saturday - 09:30 - 16:00
Sunday - Closed


The business is located in Horwich

Horwich is a town and civil parish in the Metropolitan Borough of Bolton. It is 5.3 miles southeast of Chorley, 5.8 miles northwest of Bolton and 15 miles northwest of Manchester. It lies at the southern edge of the West Pennine Moors with the M61 motorway passing close to the south and east. At the 2011 census, Horwich had a population of 20,067.

There are Tesco and Asda stores on the outskirts of town and Aldi & Iceland stores closer to the town centre. EU grants have contributed to new “ traditional style” shop fronts in the town centre which has many small specialist shops.
The business is beautifully presented and maintained with clear visible signage and distinctive, upmarket livery. The business sits alongside other complimentary retail businesses and thus benefits from high levels of footfall and passing trade along with regular custom.


There are a several free public car parks within easy walking distance of the premises.

The business is beautifully presented and fastidiously maintained with a pleasing upmarket feel and a 5star food hygiene rating.

The business occupies ground floor premises in a period property that retains many original features such as parquet flooring, original tiles etc.

There are freestanding display units as well as bespoke, built in shelves.

There is a generous café area with plenty of space between the tables and chairs, pendant lighting and feature chalked menu boards etc. There is a variety of seating from comfy leather chairs to dining tables and vintage chapel chairs. There is also an outside seating area.

The premises include a fully equipped kitchen.

Tenure
We are advised that the business is being sold on a Leasehold basis, with the landlord happy to negotiate a mutually acceptable lease with a new owner. The rent is £823 per month.

Similar Businesses For Sale

1

Much loved Cafe Business for sale

Milton Keynes, Buckinghamshire

£49,995 +SAV

Discover Business

14

Newly refurbished Cafe business with accommodation for sale

Bolton, Lancashire

£159,995 +SAV

Discover Business

1

Well known award winning bakery business for sale

Lancashire

£549,995 +SAV

Discover Business

Need help to find your dream business?

Our buyer matching service can help, sign up today.

Find your dream business

    Sales Negotiator Photo

    Cheryl Hunt

    Sales Negotiator

    Need help with finance to purchase this business?

    Hilton Smythe have their very own independent commercial finance broker Hilton Smythe Finance who can help with raising the money to buy your new business.

    Try our finance calculator

    Finance Calculator

    Powered by Hilton Smythe

    £124,950 +SAV

    6%
    £49,980
    £74,970
    5 years
    £0

    60 monthly payments of

    £0

    Apply Now

    Representative Example

    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


    Rates may differ as they are dependent on individual circumstances. Subject to status.

    Popular business searches in the UK