Restaurant/cafe for sale in Maltby, England, United Kingdom S66

£39,995
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Restaurant/cafe for sale

Property description

Business
Please quote reference B07737

CoGoGo welcomes to the market The Cake Ole, a highly rated and well respected Cafe opportunity in the town of Maltby, South Yorkshire.

The business was first established by our client in 2022, building up an excellent reputation and regular customer base during its time of trading. As seen by the online ratings and reviews, it's extremely popular.

The Cake Ole has now come to the open market due to our clients desire to move onto other ventures.

The Cake Ole is a traditional cafe with customers able to eat in, take it away or make an online order through Just Eat or Rotherham Eats. There is a 5 mile delivery catchment area.

The business has a 4.9 rating on Google, with 25 reviews. The cafe is also the highest rated business on Just Eat in the area.

Key selling points -


  • High footfall location

  • Outstanding Reputation


Scope for further growth -


  • Increase marketing and advertising

  • Increase opening hours


The sale of the business would also include one car which is used for deliveries. Further information on this can be made available upon request.

Location
The Cake Ole is located on High Street in Maltby, South Yorkshire.

The business is well presented and maintained with eye catching signage.

Due to its location, it receives high levels of footfall and passing trade.

Premises
Large open plan seating area with large counter

Open kitchen and preparation area

To the rear of the unit is the WC

Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 10 year lease. The rent is £200 per week.

Hours
The current trading hours are -

Monday to Friday - 7:00am - 2:00pm

Saturday to Sunday - 7:00am - 1:00pm

Staff
We are advised that the business has 5 part-time staff members and 2 drivers.

Financial Profile
We are advised as per the 2023 accounts, the business generated a turnover in the region of £144,788. Further financials can be made available upon request.

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