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A cafe and takeaway

£24 000 - £36 000  
  • Form
    Sale established business
  • Activity:
    Running
  • Employees:
    7
  • Type
    Owner
GB916716
05.11.2022 at 07:43   Relevance check: 11.05.2022

Business description

This is a unique opportunity to acquire a successful food business with an annual turnover of £120,000 and excellent potential to increase. The owners of the business are looking for entrepreneurs interested in a business transfer, which will include all the assets currently in place. The café and takeaway is a must-visit to appreciate the size and potential of the deal.
The business is housed in a suite of 4 units and comprises a large cafe area equipped with seating areas and display fridges and shelving, spacious kitchen spaces, freezer room, and a separate storage room, staffroom and bathroom. All spaces have been newly renovated and are fully equipped with cooling, cooking, cleaning and visual display equipment, including fryers and grills, freezers and fridges, menu displays, electronic till, CCTV, shelving units, fully equipped drinks station. The business is excellently positioned to attract and grow a customer base. Located close to a primary and a secondary school, it boasts an established customer database, regular takeaway clientele, and a prised recipe book with unique food choices alongside established partnerships with JustEat, Blackpool Eats, Foodhub and UberEats.
Suitable for experienced entrepreneurs as well as for those looking for a fresh start in the food business. The current owners will transfer all know-how, contacts and negotiated supplier rates to the new owner alongside detailed procedures and policies, and management hardware and software to facilitate a smooth take-over.

  • Units:
    Operating business, Staff, Tangible assets, Intangible assets

Geography and location

  • City:
  • Location characteristics:
    • In the residential area

Transaction terms

  • Price:
    £24 000 - £36 000
  • Deposit (payment in advance):
    10%
  • Timeframe for the deal:
    Urgent

Corporate issues

  • Number of owners:
    2
  • Share for sale:
    Entire
  • Reason for selling:
    Other
  • Further comments on the reason for selling:
    Moving to another country/location.

Staff

  • Number of employees:
    7
    • The owner is not actively involved in the business
  • Additional information on employees:
    Employees are of a median age of 25 years old. There are 3 trained 16-18 year-olds, 130 year-old team leader and 140-year-old experienced cook, 2 drivers. All employees have been with the business since its start.

Characteristics of intangible assets

  • Appraised value:
    (included in the asking price)
    £5 000
    • Customer database
    • Software

Additional information

  • Competition in the market:
    There are few immediate competitors in the vicinity and among the neighbouring businesses. The industry is in expansion, and the unique recipe book is a key advantage compared to most players on the market. The business has scored consistently higher than any other in the vicinity on all delivery platforms.
  • Business growth potential:
    The business broke even 1 month after it was established and became profitable within 3 months.
  • Working hours:
    12/7
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