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BUSINESS REFERENCE : 1597 / RightBiz EXCELLENT TRADITIONAL CAFE | | | | | | EXCELLENT TRADITIONAL CAFE - NORTH BIRMINGHAM High Turnover of £66,000pa and very profitable Well presented and well equipped throughout | | | BUSINESS LOCATION: | Birmingham West Midlands UNITED KINGDOM | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Cafes | | SALE: | Agent Sale | LEASEHOLD: | £44000 | | | | | | | | | | | BUSINESS DETAILS: | EXCELLENT TRADITIONAL CAFE - NORTH BIRMINGHAM
High Turnover of £66,000pa and very profitable
Well presented and well equipped throughout
Trading for over 25 years & very well known
Spacious first floor living accommodation
Busy location in popular district
Priced to facilitate a quick sale
Car parking facilities
LEASEHOLD
Location
The cafe is situated on a busy main through road in North Birmingham. The property sits within a row of commercial style properties which all benefit from being highly visible to passing travellers who use the road on a daily basis. The business further benefits from having its own free parking facilities which is a huge advantage to its customers. The cafe is on the very popular Collage Road by Kingstanding and Perry Barr which offers a healthy mix of residential properties, trading estates, commercial businesses and shopping facilities. There are also some beautiful parks and lakes within a short distance and several schools are close by. The cafe also has very good motorway access via the M6 which is only a few miles away.
Business History
Meridian Business Sales are delighted to offer for sale this very busy cafe which has a proud history dating back to the 1980's. Since 2006 the business has been owned by our client who is only now placing it onto the market due to her strong desire for a lifestyle change after working there for over 8 years. The business which is run and managed by our client with the assistance of staff achieves a very respectful annual turnover of £66,000 derived from the sale of traditional cafe style meals and hot beverages. The business benefits hugely from being positioned on a main through road which is used by travellers and commuters on a daily basis. The cafe also benefits from being situated in a densely populated residential and trading area which supplies a consistent amount of trade throughout the year. The business has always enjoyed excellent levels of repeat trade and new customers appear regularly from good word of mouth recommendations and from the high amounts of passing trade. The property is very well presented with all fixtures and fittings included meaning that a new owner does not have to source equipment or tools of the trade. The property also offers first floor living accommodation which is a big plus for a new owner or could be sub let providing an additional revenue stream. This is a very well positioned business doing a healthy trade with a solid long standing history and we urge early viewing and interest.
Financial Profile
Turnover: £66,000pa
Gross profit: 65%
Stock: £500 (approximately)
Tenure
Leasehold
Rent: £666.67pcm
Opening Hours
Monday - Saturday - 7.30am - 2.30pm
Sunday - Closed
Accommodation
Well presented mid parade commercial property offering full glass front, open plan dinning for 24+ covers, sizable kitchen, rear courtyard with garage, large first floor 1 bed living accommodation and free front parking facilities
GROUND FLOOR
Glass fronted café
Full front roller shutter security
Main front access
Private access to first floor flat
Open plan cafe / dining area
24+ covers with tables and chairs
Serve-over display cabinet
Wall shelving
Wall menu boards
Kitchen:
Sizable commercial kitchen, mostly stainless steel
2 bin deep fat fryer
2 x griddles, hot plate
2 x 4 pot baine maries
6 ring cooker
Toaster
Fridges and freezers
Wash basin and fitted work surfaces
Various hand tools and kitchen wear
Storage areas
FIRST FLOOR
1 sizable double bedroom
Family bathroom with toilet, bath and wash basin
Living room
Kitchen with fitted cupboards work counters and sink
EXTERNAL
Rear
Fire door leading to courtyard
2 x toilets with wash basins
Rear garage for 1 vehicle
Front
Front parking facility 3-4 vehicle spaces | | | | | BUSINESS STATUS: | FOR SALE | | | | | SELLER: | MERIDIAN BUSINESS SALES | | CONTACT: | 0845 222 0508 | | REFERENCE: | 1597 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
