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Restaurant/cafe for sale

£50,000

Stoke-On-Trent, England, United Kingdom ST3

Restaurant/cafe for sale
Interested in this property? Call +44 1204 351867 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description

Business
Please quote reference B07998

CoGoGo are delighted to welcome to the market Ron's & Tom's Bar & Cafe, a highly rated opportunity based in Stoke-on-Trent.

This business was established by our client in 2023, where they have successfully built their reputation and have grown loyal customer base.

The turn-key opportunity now comes to the market due to our clients desire to explore new ventures.

Ron's & Tom's Bar & Cafe is a daytime cafe that is well known in the area for early opening/excellent breakfasts. The business is mainly walk in trade with some local deliveries via Just Eat & telephone orders.

Our clients are currently in the process of creating a Gin Bar, which will generate and even greater turnover for the new potential buyer.

Key selling points -


  • Fully equipped to a very high standard

  • Lots of opportunity for further sales/profit growth

  • Potential to expand business space

  • Business handover offered

  • Low Overheads


Scope to improve -


  • Local advertising

  • Create a business website with an online ordering system

  • Social media

  • Outside catering

  • Extend opening hours

  • Add evening food takeaway/bistro menu



Location
Ron's & Tom's Bar & Cafe is located in Stoke-on-Trent.

Premises
Ground Floor:


  • Open plan cafe with 25 covers

  • Commercial Kitchen (newly refitted)


First Floor:


  • Our clients are currently in the early stages of creating a Gin Bar

  • The premises license has been submitted

  • Capacity of 45 persons



Tenure
This opportunity is being sold on a Leasehold basis with 2.5 years remaining ona 3 year lease.

The current rent is £14,000 per annum.

Hours
The current trading hours are:

Monday to Friday - 7:30am - 5:00pm

Saturday - 7:30am to 4:00pm

Sunday - 8:00am - 4:00pm

Staff
The business is run and managed by our clients.

Financial Profile
The business achieved a turnover of £164,000 in 2023. Full financials can be made available upon further request.

Arrange Viewing

For more information about this property, please contact
Hilton Smythe Business Sales, BL1 on +44 1204 351867 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Business Sales, and do not constitute property particulars. Please contact Hilton Smythe Business Sales for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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