SoldSign

Asking Price

Offers in the Region

£40,000.00

The business is currently run as a lifestyle business trading 4 days per week.  Their is scope to double the trading hours per week with additional days and extended opening hours.

The current actual and forecasted income for 2016 is in the region of £70,000.

This business is well respected and has fantastic potential for growth.

Financial Summary

The following figures are extracted from the latest signed accounts.

The last 3-years accounts will be made available on request. 2014—2015

  • Turnover: £ 51,707 (12%)
  • Gross Profit: £ 26,768 (22%)
  • Net Profit: £ 12,754 (84%)
  • Tangible Assets: £ 20,000
  • Goodwill: £ 14,044

In brackets are the growth figures on the previous year.

Other income potential can be discussed with the owners as well and more detail about the trading operation. Considering a catering franchise? Looking to expand without risk? Get in touch for a no obligation discussion on this fantastic purchase opportunity.

Busy Traditional Tearoom / Cafe for Sale in Falkirk

Business For Sale, Falkirk

This is a fantastic opportunity to purchase a going concern which has 30 covers located in the centre of Falkirk with strong trading figures for the past 10-years delivering exceptional value and customer service. The sale also provides a great development opportunity for any new owner.

The business currently operates 4-days a week and has the potential to extend opening hours which conservatively will generate an extra 20% increase in net profits. There are also opportunities to change the service operation whilst still staying true to the established traditional style fayre provided to their loyal clientele. There is also significant earning potential which will be discussed with any interested party.

The business employs 6 part time staff on Friday’s and Saturday’s who have worked within the tearoom for a period of time. On the conclusion of the sale the business can continue trading with no loss of service or income, i.e. the premises and fixtures and fittings are in a very good state of repair. The owners have another business opportunity they are looking to develop but would be prepared to provide support for a new owner during an agreed handover period, if required, to ensure that existing goodwill is maintained.

In conclusion this is an ideal business for sale (Falkirk) for someone new to the trade or equally for an existing business looking at expansion or diversification with minimum risk in Central Scotland or the Falkirk area.

TripAdvisor

The business has excellent TripAdvisor ratings of 95% being Very Good or Excellent. It has also won the Certificate of Excellence for the past 2-years. The Tearoom has been rated #1 on TripAdvisor for the past 5-years in the Falkirk area, out of 135 restaurants.

A Cafe for Sale in Falkirk that stands out from the rest.

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The following details some recent reviews:

  • Best food you can get and the sweet case omg don't have the words for it staff are fab as well.
  • Fantastic service. Friendly staff and the freshest seasonal food served. Would recommend to everyone.
  • Visited for afternoon tea with unlimited refills of tea and coffee. Great service, good food, cakes to die for, homely atmosphere.

These and all other reviews are 5 Star ratings.

If you are considering a new business venture or retail outlet this Traditional Tearoom Sale, Falkirk (Cafe for Sale Falkirk) is one that should be considered.

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Closing Date

No Closing date has been set but the owners are looking to take forward any reasonable offer within the region of £40,000.

 

Agent

We (Kingscavil Associates) are working on behalf of the Owners for the sale of their Tearoom in Falkirk. The valuation is based on the financial trading positioning which shows continued growth year on year. The asking price is for offers in the region of £40,000 which includes fixtures and fittings, goodwill and agreement with landlord to transfer lease to the new owner.

Very rarely do we act on behalf of a client where reputation, existing profits and the development earning potential is so high. If you were considering a new business venture we would strongly recommend expressing an interest and we can provide further information and arrange a meeting with the owner.