Renowned West Bromwich Cafe with High Turnover Up for Sale
West Bromwich, West Midlands
- Status
FOR SALE
- Date Submitted:
17/01/24
- Advert ID
605181
- Reference
B07760 / Rightbiz
- Call Agent:
- Leasehold: £49,995
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Well Established Cafe For Sale
BusinessPlease quote reference B07760
CoGoGo are pleased to have been given the opportunity to manage the sale of Di's Diner which is a well established traditional cafe with a renowned reputation amongst local residents. This is a superb opportunity to take on a high turnover local business in an area teeming with customers.
There has been a café at this site for over 50 years so it can truly be said to be a part of the local community. The current owner has run it for the last 6 years and the business has been a real labour of love for her and has flourished under her ownership accruing many regular customers and a burgeoning reputation.
This lovely little business is now being sold, albeit reluctantly and with a heavy heart only due to the vendors wish to relocate. She is keen to see her beloved café pass to an ambitious and entrepreneurial new owner(s) who can take this already thriving business to the next level.
Di's Diner offers traditional fare that can be eaten on the premises, taken away or delivered. The business prides itself on the quality of its food which is freshly prepared on the premises using local ingredients wherever possible.
The business has an impressive number of regular customers, many of whom are known on a first name basis by the current owner who is a popular and well respected member of the local community. Additionally, the business delivers to local businesses in the area.
Scope for further growth -
- Advertising and marketing campaign, a local leaflet drop always yields good results
- Website, ideally with an online ordering facility
- Maximise the use of social media
- Introduce a sandwich round delivering to local businesses
- Explore online delivery options from the likes of Just Eat, Uber Eat and Deliveroo etc.
- A well established business with an enviable reputation and many existing customers
- Prime trading position on a busy main road
- Low running costs with inexpensive rent and no business rates
- All fixtures and fittings included making this a real Turnkey business opportunity
- Ideal owner managed or partnership business
- Current owner happy to offer a handover to ensure the continued success.
Location
Di's Diner is located on Crankhall Lnane in West Bromwich, West Midlands.
Due to its location, it receives high levels of footfall and passing trade.
Premises
Di's Diner occupies the ground floor of an inner terraced retail unit and briefly comprises:
Cafe -
- Double fronted with windows and glazed door to front creating a light, airy and inviting interior, nicely proportioned with slate effect flooring, tables and chairs currently providing approximately 24 covers but room for more if required.
- L- shaped bespoke counter with tongue and groove wood panelling to front and complimentary worktop, till, stainless steel urn (new), glass serve over counter, freestanding shelving unit for cutlery and sauces etc, chest freezer, chalked menu boards, pine effect shelving unit with three drawers.
- Comprehensively equipped catering kitchen with tiled floor and walls, stainless steel preparation tables , range of base and wall units in a beech effect with complimentary dark worktop, 2 microwaves, 4 pot Bain Marie, 8 burner range cooker with grill and two ovens, 5 pot stainless steel Bain Marie, griddle, full extraction system with canopy, Beko under counter fridge, 2 two slot toasters.
- Generous room with window to rear, range of base and wall units, stainless steel sink and drainer with Monobloc tap, twin basket fryer, ceramic hand wash basin, 4 slot toaster, grill, meat slicer, under counter larder freezer, bug zapper.
- With tiled floor, perimeter shelving and floor storage space, fridge freezer, upright fridge and chest freezer.
Tenure
We are advised that Di's Diner is being sold on a Leasehold basis, currently on a rolling lease agreement. The rent is £6,500 per annum.
Hours
The current trading hours are -
Monday to Saturday - 7:00am - 2:00pm
Sunday - 8:00am - 3:00pm
Staff
We are advised that the business has 2 members of staff.
Financial Profile
We are advised that the business generated a turnover in the region of £135,000. Further financials can be made available upon request.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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