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Brilliant Cafe For Sale In Halifax & Surrounding

Halifax & Surrounding, West Yorkshire

Asking Price £30,000
Turnover £45,000
Reference BIZ5140

Business overview

Delightful town centre Café/Restaurant for sale in West Yorkshire situated in Elland between Halifax & Huddersfield.

Business details

  • Property type
  • Net profit
  • Accommodation
  • Staff
  • Rent per annum

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Business description

Delightful town centre Café/Restaurant for sale in West Yorkshire situated in Elland between Halifax & Huddersfield.
The business trades on Home cooked food, fresh coffee, pastries cakes and afternoon teas. Its attracts a loyal customer base and private parties. Regular outside catering but this has not been fully exploited.
Currently trades on short hours between 9.30-3.00 Monday to Saturday so plenty of scope to increase hours and turnover.
The Building is sole use comprising of three floors plus a cellar
dry cellar 645 sq ft
café and serving area with 18 covers 377 sq ft
fitted Kitchen 226 sq ft
Restaurant with 20 covers 345 sq ft.
Toilet facilities Male and Female 86 sq ft.
1st floor room 161 sq ft.
2nd floor office 161 sq ft
2nd floor storage room161 sq ft
Total floor space 2200 sq ft
The café and Restaurant have been fully refurbished within the last 12months
The building is fully centrally heated.
This is not a distressed or panic sale. we have invested considerable time and effort in refurbishing and building this business over the last 12 months based on a long term venture, we have experience of running businesses and have previously owned a café. This one provided us with the space and settings to create a delightful business.
The café has seen considerable recent growth and is gaining a superb reputation with a strong face book following and 5 star rating, listed on Google, 5 star rating on trip advisor. Our long-term goal was/is to open the restaurant 3 evenings per week and to become licenced this would at least double/triple the current turnover.
The lease has 4 years remaining. The landlords are a delight to deal with and would welcome the extending of the lease terms beyond the current 4 year agreement
Rent is £500 PCM for the whole building and will stay at this price for the remainder of the existing lease.
Business rates exempt.
Current turnover is £45000 PA on a high GP.
Fixtures and fittings value £25000
The business is valued at just over £40,000 based on the refurbishment work, quality of fittings, size of sales areas and the potential extra revenue from the restaurant and office areas. If licenced this valuation is nearer £50,000 we are prepared to accept offers of not less than £30,000 this would include all fixtures and fittings along with all perishable stock at point of sale.
This business offers a great opportunity. The restaurant would be a superb 1st venture for a budding or newly qualified chef looking for a 1st career opportunity as it’s a business that has a café with a good reputation and a restaurant which can trade from day one to build their own brand and reputation.
The Business is run under as limited company and this valued asset along with Facebook pages, web addresses are all included in the sale of the business.
We have not lost our enthusiasm for the business, we don’t have any negativity or cash flow problems. Change of circumstances are the reason for sale.

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  • Asset value

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