Prominent Shopping Centre Location
Accounts Available Year End 28th February 2020
Annual Turnover £123,306
Gross Profit £69,580
Further Financial Info Available After Viewing
High Footfall Area
Five Star Food Hygiene Rating
Strong Social Media Following
Website Ready To Launch
Potential For Delivery Services
Scope To Launch Uber and Deliveroo
REF 7716 – Leasehold Food Kiosk
Blacks Brokers are pleased to bring to the market this leasehold food kiosk located in Cheapside, Barnsley.
Hot Jacks was established by our client in this busy shopping centre in Barnsley in 2009. The business offers a range of hot foods, drinks and treats including milkshakes and ice blasts. 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 in The Alhambra Shopping Centre. Our client has ensured the business has an excellent reputation, five star hygiene rating and superb reviews are noted on Google and Trip Advisor.
Hot Jacks occupies a prime trading position in the shopping centre right outside a busy toy store. The area is densely populated commercially with neighbouring businesses including independent retailers as well as large multiples such as Primark, Next, Wilko and many more. This area of Barnsley is well linked by the M1 with very strong public transport links and parking is available close by. The Alhambra Shopping Centre sees around 400,000 visitors per month and Barnsley is currently undergoing a £200 million refurbishment programme.
REASON FOR SALE
The business is ideally suited to a hands-on owner-operator but due to our client’s other business interests 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 current lease is a five year lease which began in 2018 at a cost of £311.50 per week.
BUILDING LAYOUT AND DESIGN
Hot Jacks operated from a large, circular kiosk with two serving areas. Inside, the kiosk is fitted with a range of catering equipment including oven/grill, fridge and freezer, coffee maker, chocolate fondue machine and much more
The business operates with three members of part time staff in employment supporting our client working on a full time basis.
Hot Jacks has traded solidly since opening and our client has established a strong repeat customer base. Accounts for year ending 28th February 2020 show annual turnover of £123,306 and gross profit of £69,580. Full financial information is available upon request.
Purchasers should enquire with relevant local authorities to confirm the rates payable.
This very well established business occupies an enviable trading position in a sought after shopping centre position. 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 a delivery service. Our client has created a website with ordering system which is ready for a new owner to launch. 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.