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Popular Health Food Bar & Takeaway - Middleton For Sale

Middleton, Greater Manchester, UK
Asking Price:
£34,950 Furniture / Fixtures included
Turnover:
£65,192
Net Profit:
Available on request

Shopping Centre Trading Position
Accounts Available 30th April 2019
Annual Turnover £65,192
Gross Profit £24,516
Accounts Available After Viewing
Seating For 16
Management In Place
Next Door To Busy Gym
Five Star Food Hygiene Rating
Excellent Reputation
Superb Online Reviews
Strong Social Media Presence
Active Uber Eats Account
Potential To Expand Menu

REF 7099 – Leasehold Popular Health Food Bar & Takeaway

Blacks Brokers are pleased to bring to the market this leasehold health food bar & takeaway located in Middleton Shopping Centre, Greater Manchester.

INTRODUCTION

Lean & Green Salad Bar was established by our client in this bustling area of Middleton in 2017. The business offers a range of freshly prepared health foods, shakes, snacks and meals and has become very well known in this area. It 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 on Google, Facebook and Yell. Lean & Green Salad Bar has a strong social media presence.

LOCATION

Lean & Green Salad Bar occupies a main road trading location within Middleton Shopping Centre and is positioned immediately next to a busy gym. The area is densely populated commercially with neighbouring businesses including independent retailers as well as large multiples such as Boots and Card Factory. The area is well linked by the M60 and M62 with very strong public transport links and parking is available in the surrounding area.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but due to our client’s other business commitments being higher than anticipated, the business is mainly managed by staff and 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 seven year lease which began in 2017 at a cost of £173 per week.

STAFF

The business operates with four members of staff in employment, this includes a full time manager. Our client is not currently involved in the day to day management of this business.

FINANCIAL DETAILS

Lean & Green Salad Bar has traded solidly since opening and our client has established a strong repeat customer base. We are advised that the business has shown financial growth year on year with the most recent annual turnover of £65,192 and gross profit of £24,516. Full financial information is available upon request.

BUSINESS RATES

The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY

This unique and well established business occupies an enviable trading position in a busy and highly sought after area of Middleton. 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 longer opening hours, possibly to include Sundays. 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 - THU: 10:00 - 20:00
FRI & SAT: 10:00 - 18:00
SUN: CLOSED

Contact Information

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