* Included in Asking Price
“Hollywood Bites” Movie Themed Café/Bistro/Restaurant
Location The Rock, Bury, Greater Manchester
Asking Price £ 195,000
Asking price: O.I.R.O. £195,000
Asking price includes:
Current Turnover circa £14,000 per month and growing
Recently equipped/furnished to very high specification (cost of circa £150,000)
Superb location opposite Vue Cinema on The Rock Leisure/Retail Complex
Beautifully appointed bistro/café with many unique movie props
35 Covers Inside/65 Covers Outside
High Quality Fixtures and fittings
Fully equipped kitchen and counter
Training and handover
This young and vibrant business was recently set up by the vendors to provide its customers with a unique movie themed eating and drinking experience within modern and contemporary surroundings.- and so Hollywood Bites was born – www.hollywoodbites.tv for further details on the café bar and its amazing movie props.
The vendor managed to secure a prime position in the prestigious Rock Retail & Leisure development in Bury for the café (see www.therockbury.com) opposite The Vue cinema. This has given it instant exposure to a captive movie going customer base which has resulted in impressive trade figures already being achieved. We are advised that the Rock Development enjoys average weekly footfall of circa 172,500 people so the opportunities for future growth are significant.
The location of the café is absolutely superb. The Rock complex provides shopping, entertainment and dining and also offers ample parking for customers to enjoy the facilities.
The business has only been trading a few months and is already enjoying sales that are growing month on month. Sales for the last reported month were £14,000.
The café can cater for circa 35 covers internally with another 65 covers outside at any one time. The business enjoys good trade through the day and evenings from their totally unique movie themed menus which includes burgers, hot dogs, paninis, breakfasts, desserts and hot and cold drinks.
The vendor went into great detail and a lot of expense when shop-fitting Hollywood Bites. We are advised this investment was circa £150,000 and includes fully equipped kitchens, coffee bar, counter, seating etc as well as an array of truly unique and breathtaking movie memorabilia. The premises are superbly presented with high quality fixtures and fittings to ensure a wonderful dining experience time and time again.
|Facilities:||The business operates from leasehold premises. The site is on a prime location and has wonderful exposure to a captive audience as it is located opposite The Vue cinema. The lease is a 10 year one with a 5 year break. Current rent is circa £30,000 p.a. Rates currently under review. Site has CCTV and 24 hour manned security.|
|Competition:||Due to its desirable location, unique theme and decor and growing reputation the business enjoys high levels of awareness and footfall. A high proportion of revenue is due to its quality food, extensive range of drinks and unique atmosphere resulting in high levels of repeat business and strong word of mouth recommendation, bearing testimony to the excellent reputation the business is building. The business also has an excellent website www.hollywoodbites.tv and a presence on other social media including twitter and facebook. It also enjoys exposure via The Rock’s own website.|
|Training/Support:||The current owners would be happy to provide full training and support at handover|
|Sale Reason:||The vendors have several other business interests and some health issues|
Seller Reference #AC330
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