Restaurant/cafe for sale in Top Barn Lane, Rossendale BB4

£225,000
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Restaurant/cafe for sale

Property description

Ref 8022 – Freehold Chinese Takeaway With Accommodation
Blacks Brokers are pleased to bring to the market this freehold Chinese takeaway with accommodation located in Rossendale, Lancashire.


Introduction


Jasmine House was established by our client in this popular residential area of Rossendale in 2001. The business offers a range of freshly prepared Cantonese foods as well as traditional fish and chips. It has become 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 online.


Location


Jasmine House occupies a main road trading position in a residential area. The area is densely populated with only a convenience store next door – this is the only takeaway in the immediate area. There are also a number of schools and other local amenities nearby. The area is well linked by the A56 with very strong public transport links and parking is available in the immediate area.


Reason for sale


The business is ideally suited to a hands-on owner-operator but due to our client’s retirement and relocation, 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.


Staff


The business operates with our client and two family members in employment.


Financial details


Jasmine House has traded solidly since opening and our client has established a strong repeat customer base. Accounts for year ending 31st October 2021 show annual turnover of £67,284 and gross profit of £42,441. Full financial information is available upon request.


Summary


This long established business occupies an enviable trading position in a sought after area of Rossendale. 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 items, an online presence and strong marketing drive. 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 & Property: £225,000.

Please quote ref: 8022

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For more information about this property, please contact
Blacks Business Brokers, BL9 on +44 161 937 5978 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Blacks Business Brokers, and do not constitute property particulars. Please contact Blacks Business Brokers for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation 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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