Caribbean Restaurant and Takeaway in Kings Heath , Birmingham

£39,950  

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Property Details

This is now a very well established concern which enjoys all the considerable commercial advantages of a fantastic trading position amongst local retail businesses in Kings Heath

Operating from well fitted and presented premises, the business currently primarily offers a full and varied in-house takeaway menu of classic caribbean 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

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 full 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

Current turnover in the region of £2500 per week (average ) with huge scope to increase

Lease The premises are being offered with the benefit of a new lease

Rent The current rent stands at approximately £18000 per annum

We are advised that the Business Rates are zero per annum

Trading Hours – 6 days closed Wednesday 12-8pm Mon-Thurs Fri,Sat -12-10pm Sun 2-8pm

Staff – 2 full time 2 part time

According to the owner if the establishment was completely family run the profit per week could amount upwards significantly , other potential to gain greater turnover /profits would be to work more days and longer hours , Breakfasts has been highlighted as a great potential as well as external catering ie Street Food .

The Shop has storage and office space upstairs which maybe in turn lend itself to accomadation in the future . The building also has a cellar which could be used for further storage perhaps

Fixtures & Fittings The business is well fitted throughout and a inventory of equipment is to be included in the sale price (list available on viewing ) It is important to note the Commercial Kitchen can cater quite easily for greater external catering without further investment .

Viewing Arrangements 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

All above information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy of this information

Note: Library images may have been used for display purposes

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