_Business_
_Please quote reference 14796_
Hilton Smythe are delighted to welcome to the market Crown Buttery, a well -
established and popular café business based in Darlington. The business was
established by our client in the 1970s and is only now offered to the market,
reluctantly, due to our client's desire for semi - retirement.
The business operates 7 days per week and generates a turnover in the region
of £180, 000 per annum, with a net profit of approximately £36, 000.
Crown Buttery offers a wide variety of high quality, home - made produce
including full breakfasts, Panini's, baguettes, salads, soups, and desserts.
The business has built up an enviable reputation within the area for the high
quality of the fayre offered, which has resulted in a very loyal client base,
with a high volume of repeat trade and word of mouth footfall.
We feel there is fantastic scope to increase the turnover by extending the
opening hours of the business, as well as expanding the range of cuisine
offered. A new owner could add a website and also embark on a small marketing
campaign to highlight the business and fine produce offered with the addition
of a local delivery service. This is an excellent opportunity for a new owner
to take this already thriving and busy café business to the next level;
therefore, early viewing must come highly recommended.
_Location_
The business is located in Darlington, surrounded by a wealth of complimentary
shops and businesses.
The immediate locality of the business is well served by public transport
systems, with several bus stops within easy walking distance of the property
and several railway stations nearby, the closest being Darlington Railway
station which is just a 10 minute' walk. There's a main bus link to and from
surrounding towns such as Stockton - On - Tees.
The area is also well served by major a - roads, with the A68 and the A167 being
within short driving distance of the business, which links to the A1 and wider
motorway network.
_Premises_
The premises briefly comprise;
_Ground_ – Retail Zone A and Kitchen
_First_ – Mess / Staff Room, Café and Staff Toilets
_Second_ – Store
_Third_ – Store
_Basement_ – Store
_Tenure_
We are advised the business is to be sold on a Leasehold basis with the
following terms.
Original lease length: 10 years.
Lease ending: End of 2018
Rent: £17, 750 per annum
We are advised that a new lease will be available.
_Hours_
Monday - Friday 9am until 3: 30 pm
Saturday 9am until 4pm
Closed Sundays for the foreseeable future.
_Staff_
The current business owners run the day to day business and are assisted
currently by 6 - part time staff members.
_Financial Profile_
Crown Buttery generated an advised turnover of circa £150, 000 based on the
2019 accounts, with a net profit in the region of £35, 000.
_Please quote reference 14796_

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