Sold £33,000 - Coffee/Tea Shops & Cafes, General Retail
Operating from well fitted and presented premises, the business currently primarily offers a full and varied in-house takeaway menu of classic hot and cold food , snacks, sandwiches, lunches, side orders, pastries and beverages prepared freshly to order in its fully equipped catering facilities and served in the pleasant surroundings of an attractively furnished dining areas which may comfortably accommodate up to 30 covers. There is scope for continued growth, not least with regard to a degree of menu and product expansion, the possible provision of local delivery and outside catering services .
If an alcohol licence was applied for it would give the new owner the opportunity to enjoy early evening trade ie Bistro /Cocktail Bar !
The business would also benefit greatly by adopting a far more vigorous marketing policy of its excellent existing facilities and services, particularly with reference to the introduction of on-line advertising and ordering in order to improve upon the already high levels of turnover and profitability it has achieved since being established in its present form some twenty successful years ago and by the current owner(2years ) and we would strongly recommend the earliest possible viewing to avoid disappointment.
Financial Information Current turnover in the region of £2000 per week + with huge scope to increase – Lease The premises are being offered with the benefit of a secure three year lease with expiration late 2020..Alternatively a new lease may be negotiated. Rent The current rent stands at approximately £16000 per year. Trading Hours Monday to Saturday– 9am – 3pm closed Sunday Staff – 1full time and 1part time staff plus Saturday students
The business is well fitted throughout and a valuable inventory of equipment is to be included in the sale price Financial (Accounts ) will be discussed at an appropriate meeting Reason for sale is family commitments
All enquires to Kevin Stokes at firstname.lastname@example.org City Business Brokers,111 Hagley Road, Edgbaston, Birmingham,B16 8LB Telephone-0121 452 51330121 452 5133 07775903332
All above information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy of this information.