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Established Cafe - Skipton For Sale

Skipton, North Yorkshire, UK
Asking Price:
£150,000 Furniture / Fixtures included
Turnover:
£80,467
Net Profit:
Available on request

Prominent Trading Position
Stunning Rural Location
Accounts Available Year End 31st March 2020
Annual Turnover £80,467
Gross Profit £53,486
Accounts Available After Viewing
Low Rent £125 Per Week
Further Financial Info Available After Viewing
Established 2013
Fully Equipped
Well Presented
Seating For 16
Fantastic Online Reviews
Exceptional Reputation
Popular Amongst Bikers
Scope For Marketing Drive
Potential To Expand Outside Catering Services
EPC - TBC

REF 7565 – Leasehold Established Cafe

Blacks Brokers are pleased to bring to the market this leasehold popular biker’s cafe located in Bolton Abbey, Skipton.

Introduction

Route 59 Café was established by our client in this stunning area of Skipton in 2013. The business offers breakfast and lunch services as well as their very popular “bike nights” for which customers travel from all over the north to attend. It has become very well known in this area and amongst the biking community 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 hundreds of superb reviews are noted on Google, Facebook and Trip Advisor.

Location

Route 59 Café occupies a main road trading position on the A59 between the A65 and Bolton Abbey roundabouts. The business is surrounded by beautiful views of the local countryside, close to Bolton Abbey and Embsay & Bolton Abbey Steam Railway. This area is popular with tourists (particularly bikers, train enthusiasts and walkers) all year round and is very conveniently placed.

Reason for sale

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

Lease

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 a rolling monthly lease which began in 2013 at a cost of only £125 per week.

Staff

The business operates with four members of staff in employment supporting our client working on a full time basis in a management role.

Financial details

Route 59 Café has traded solidly since opening and our client has established a strong repeat customer base. The accounts year end 31st March 2021 show that the business has an annual turnover of £80,467 and a gross profit of £53,486. Full financial information is available upon request.

Business rates

The business currently benefits from small business rates relief.

Summary

This well established, popular business occupies an enviable trading position in a highly sought after area of Skipton. 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 a strong marketing drive and additional outside catering services. 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.

Property Information

Property:

Leasehold

Business Operation

Trading hours:

Mon: 09:00 - 15:30
Tue: 09:00 - 20:00
Wed: Closed
Thu & Fri: 09:00 - 15:30
Sat & Sun: 09:00 - 16:00

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