£48,000 - Coffee/Tea Shops & Cafes
This is now a very well established concern which enjoys all the considerable commercial advantages of a fantastic trading position amongst local businesses in the industrial area of Digbeth (1 mile to city centre )
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 area which may comfortably accommodate up to 40 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 and to the possible introduction of Weekend trading in order to exploit year round local demand.
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 by the current owners(8years ) and we would strongly recommend the earliest possible viewing to avoid disappointment.
Current turnover in the region of £76000per annum with huge scope to increase
The premises are being offered with the benefit of a secure year lease with approximately 18 months of the current term remaining and regular reviews .Alternatively a new lease may be negotiated
The current rent stands at approximately £1300 per month (£400 rental paid by artists above premises )potential for greater income via Bed and Breakfast (8 rooms )or Office accommodation
We are advised that the Business Rates are Zero
Monday to Friday – 8am to 2.30pm;
Staff – 1 full time /2 part time 30 hours and 20hours – payroll circa £1400 per month .
Fitted and presented to good trade specifications throughout, these well maintained leasehold premises provide excellent and highly functional internal business accommodation which to the ground floor consists of an inviting glazed single fronted public entrance directly off the main street into a bright and welcoming in-house and takeaway customer service and waiting area which houses a full range of modern high quality fixed and freestanding display furniture and shelving with preparation kitchen area with extraction system housing ample work surfaces, storage units, fitted sink unit and a full range of modern appliances.
The main customer service area in turn affords to an attractively furnished and appointed in-house dining area which may comfortably accommodate up to 40 covers. To the exterior, the premises are well signed and presented and afford ample and inviting display window space on to a high footfall industrial thoroughfare, in addition to an incorporating a good sized private service yard area with separate rear access
Fixtures & Fittings
The business is well fitted throughout and a valuable inventory of equipment is to be included in the sale price circa £15000 (list available on viewing )
All arrangements to view are strictly by an appointment through the offices of City Business Brokers and no approaches whatsoever should be made to the owner or the business. For an appointment to view, please ring Kevin Stokes