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BUSINESS REFERENCE : 1585 / RightBiz VERY BUSY CAFE | | | | | | VERY BUSY CAFE - BIRMINGHAM Turnover £1,500 per week with gross profit of 75% Situated in the highly desirable 'Jewellery Quarter' | | | BUSINESS LOCATION: | Birmingham West Midlands UNITED KINGDOM | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Cafes | | SALE: | Agent Sale | LEASEHOLD: | £70000 | ANNUAL RENT: | £10000 | | | | | | | | | | | BUSINESS DETAILS: | VERY BUSY CAFE - BIRMINGHAM
Turnover £1,500 per week with gross profit of 75%
Situated in the highly desirable 'Jewellery Quarter'
Awarded BirminghamPlus.com top 20 café
Exceptionally well presented throughout
Early viewing highly recommended
Scope for further development
Very high foot fall area
LEASEHOLD
Location
The business benefits from having a prime, highly visible location situated in the Jewellery Quarter, Birmingham. The property sits mid parade on a main through road which has some of the highest amounts of passing trade in the area. The area offers a wide variety of shared offices and business premises which supply an endless stream of regular and visiting customers throughout the year.
The 'Jewellery Quarter' is where some of Birmingham's finest businesses and residential properties are situated. The area comprises of light industry, retail trade and the housing tends to date from around the 1900's. The location is ideally placed to receive heavy foot fall throughout the year and is an easy location to travel to. Good quality housing, schools and hospitals can be found within minutes and the road access is excellent having the M5 and M6 motorways just a few minutes drive away.
Business History
Meridian Business Sales are delighted to offer for sale this very well presented cafe which has a proud history dating back to 1987. Since 2007 the business has been owned by our clients who are only now looking to place it onto the market due to their strong desires for a larger operation. The cafe achieves a very respectful weekly turnover of £1,500 derived from offering a fine selection of traditional cafe style foods and beverages.
The business has an excellent local reputation with many customers visiting regularly on a daily basis. The current owners have spent a considerable amount of money modernising the business with much of the cookware and fixtures being less than 12 months old. The cafe is also very proud to be listed as one of Birmingham's top 20 cafes awarded from excellent reviews from BirminghamPlus.com. We feel that this opportunity provides a new owner with an excellent base to build upon and we urge early viewing of this very successful cafe.
Financial Profile
Turnover: £1,500pw
Gross profit: 75%
Stock: £500 (approximately)
Tenure
Leasehold
Original length: 5 years
Remaining: 4 years
Rent: £10,000pa
Opening Hours
Monday - Saturday - 7.00am - 4.00pm
Sunday - Closed
Accommodation
Very well presented single story cafe featuring high security, optional outside seating, open plan dinning for 22+ covers, well equipped rear kitchen, storage and toilets briefly comprising:
GROUND FLOOR
Secure front entrance, open plan dinning seating area, tables and chairs for 22+ Covers, side access to storage area, toilet with wash basin, rear kitchen area with fitted cupboards, worktops and wash facilities
EQUIPMENT AND FITTINGS
Cold drinks display fridge, cash register, fridge freezer, dish washer, coffee machine, large hot water kettle, 4 ring cooker, 2 section deep fat fryer, hot plate, 4 draw bain marie, 1000 w microwave, 700 w microwave, 2 x toasters, espresso machine, large extraction, fridge, several hand tools, kitchenware items.
A desktop computer complete with printer / copier & broadband connection. This is one of the only public internet facilities in the district, and is an additional popular draw for customers & an extra source of income.
A large trolley equipped with a set of vacuum flasks for outside vending of tea, coffee, hot chocolate & snacks, to large queues of visa applicants waiting at the Indian Embassy 40 yards from the cafe.
EXTERNAL
Full front roller shutter security Outside seating tables and chairs 4+ covers
| | | | | | FOR SALE | | | | | SELLER: | MERIDIAN BUSINESS SALES | | CONTACT: | 0845 222 0508 | | REFERENCE: | 1585 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
