Ref 7486 – Leasehold Takeaway
Blacks Brokers are pleased to bring to the market this leasehold takeaway located in Bury, Greater Manchester.
Breakfast Base was established in this busy and sought after area of Bury over thirty years ago, our client took ownership and fully refurbished the business in February 2021. The business offers a range of breakfast and lunch options on a takeaway/delivery basis. It is very well known in this area and has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this excellent trading position. Our client has ensured the business has an excellent reputation and superb reviews are noted on Google, Just Eat and Facebook. Breakfast Base has a strong social media presence.
Breakfast Base occupies a main road trading position within a parade of shops and offices. The area is densely populated commercially with neighbouring businesses including independent retailers as well as large multiples such as Lidl, Home Bargains and Aldi. There are also a number of other local amenities nearby including schools, Post Office and a large industrial estate. The area is well linked by the M66 with very strong public transport links and parking is available in the surrounding area.
The business is ideally suited to a hands-on owner-operator but due to our client’s other business commitments being higher than anticipated, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.
The building is available on a Full Repair and Insure lease (Fri lease). This is the most common form of commercial lease. The current lease is an eight year lease which began in 2021 at a cost of only £135 per week.
The business operates with two members of staff in employment – one full time and one part time. Our client oversees management as required.
Breakfast Base has traded solidly since opening and our client has established a strong repeat customer base. We are advised that the business has projected annual turnover of £104,000 and gross profit of £62,400. Full financial information is available upon request.
The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.
This long established business occupies an enviable trading position in a very busy area of Bury. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of new menu options and longer opening hours, possibly to include evening trade. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Business: £14,950.
Please quote ref: 7486