A FAMILY-RUN café in Rhos-on-Sea that was put up for sale more than a year ago has seen its price reduced by nearly £100,000.
Marmalade Kitchen, at 14 Rhos Road, was put up for sale for £224,995 in May 2023.
But given the tumultuous financial climate and difficulty of selling, the business has seen its price reduced to just £130,000.
Marmalade currently offers a diverse range of food and drink options and also caters for delivery with a separate ‘meals on wheels’ menu.
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The business is owned by Sophie Reynolds, who also runs clothing shop Ellekat and accessory/gift store EK&Co.
The café had been on the market with Rhos-on-Sea-based Wynne Davies Estate Agents, whose listing described it as a "one of the best reviewed, very well presented and established cafe/ restaurant in the historic town of Rhos On Sea.”
Now on the market with St David's Commercial, the site comes with a fully equipped kitchen, space for up to 50 covers, an additional preparation area, and enjoys a turnover in excess of £300,000, with net profit of £64,000.
The agent said of the listing: "Superbly appointed café/restaurant with an excellent trading history, which has been renovated considerably over the years."
The building Marmalade Kitchen occupies was also on the market, until being snapped up in November 2023 off a guide price of £150,000.
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