For Sale
Well Established Sandwich Bar / Café For Sale
Liverpool, Merseyside
- Asking Price: £359,995 +SAV
-
Turnover:
The advised turnover for 2023 was £507,914 Exclusive of VAT.
Full financials can be made available upon further request.
- Tenure: Leasehold
Please quote reference B07867
CoGoGo are delighted to welcome to the market Mangetout Sandwich Bar / Cafe, a highly rated opportunity in Liverpool.
Mangetout Sandwich bar/Cafe has been under our client's ownership since 2009, building up an excellent reputation and a very loyal client base.
The business now comes to the market due to our client's desire to retire.
They provide a wide range of catering for all dietary needs, offering a takeaway service with an eating in facility for 18 customers.
Their options include an array of breakfasts, a vast range of sandwiches on a choice of breads, salads, jacket potatoes, soups, and hot daily specials.
Mangetout's catering also extends significantly to include a broad client base providing external buffet catering for office meetings, training and conference events and private functions.
Assets included:
- Commercial Kitchen (Cooker, Microwaves, Fridges, Freezers, Dishwasher, Grill etc.)
- Large Counter
- Coffee Machine
- Tables & Chairs
- External Furniture
- Menu Boards
We are advised the business is run and managed by our clients with the help of 8 staff members.
The current trading hours are:
Monday to Friday - 7:30am to 14:30pm
Saturday & Sunday - Closed
Mangetout is situated in the heart of Liverpool's commercial hub, with landmarks such as the Plaza Complex, Radisson Hotel and the famous Bronze Statues of John and Cecil Moore's who proudly stand looking down the street.
Old Hall St, whilst being at the core of the commercial area it is only a 5 minute walk from Liverpool's shopping centre.
Ground Floor
- Large open plan seating area with modern & bespoke decorations
- To the rear of the Sandwich Bar is the fully equipped kitchen and small office
- A newly refurbished large double room for dry, chilled and frozen storage as well as the preparation area being situated to the rear of the premises, with further additional storage for retail beverages.
- Bespoke window signage
- Parking out front (ample parking in the proximity)
Tenure
This business is being sold on a Leasehold Basis with 4 years remaining on a 10 year lease. The advised rent is £14,000 Per Annum.
We have been advised the Landlord has no objections to extending the Lease.
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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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