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BUSINESS FOR SALE ADVERT DETAILS

ADVERT VIEWED : 6,883 TIME(S)
BUSINESS REFERENCE : C1103rb / RightBiz

CAFE/TEA ROOMS & GIFT SHOP, WOLVERHAMPTON

 

 
CAFÉ & GIFT SHOP, Wolverhampton. Est over 15yrs selling gifts, cards & incorporating a 28 cover tea shop. Monopolises local market. L/H. T/o £170k, g/p £91k. Price £95k + SAV. Ref C1103rb

BUSINESS LOCATION:

Wolverhampton West Midlands UNITED KINGDOM

BUSINESS SECTOR:

Catering

TRADE TYPE:

Tea Rooms & Coffee Shops

SALE:

Agent Sale

LEASEHOLD:

£95000

ANNUAL RENT:

£17400
   
 
   

BUSINESS DETAILS:

The Business Partnership is pleased to offer for sale this unusual mix of tea shop, gift shop and card shop, all under the same roof.

The business has been established over 15 years and benefits from a prime location within the local shopping precinct. It has an excellent reputation of stocking a wide range of cards and gifts, both of which attract custom.

The tea rooms operate to a high standard and are listed in the National Tea Shop guide. There are 28 covers and they offer a full lunch menu with cakes and beverages also. Competition comes only from the local pubs who offer a different and more costly menu.

The double fronted premises house the tea rooms, kitchen and 2 sales areas on the ground floor. Upstairs there is a further sales area with stockrooms, office and staff toilet. The lease expires 2010 with a right to renew. Rent is £4,350 per quarter with rates £5,152 p.a.

The business employs a total of 10 staff, most of whom work part time. No more than 4 staff are needed at any one time.

Turnover £170k
Gross Profit £91k

Please ask for full details.
   

BUSINESS STATUS:

FOR SALE
   

SELLER:

THE BUSINESS PARTNERSHIP

CONTACT:

0845 46 64 648

REFERENCE:

C1103rb / RightBiz

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