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Very Well Established Cafe in Walsall Town Centre West Midlands

Undisclosed, Undisclosed
Status
FOR SALE
Advert ID
244082
Reference
11178 / Rightbiz
Leasehold Price: £24,950
Annual Turnover: £234,000
Annual Net Profit: Available upon request

For sale a café located in Walsall town centre close to the High Street retail names including Bon Marche Primark and Greggs established in 1962 and in a high footfall area. Gross takings average £4,500 per week with a gross profit yield of 70%. Sales include all day breakfasts sandwiches burgers jackets and tea and coffee mainly over the counter sales with a few local deliveries. The property comprises ground floor café area with seating for 36 with sales counter rear fully fitted and equipped kitchen store room further store and outside front seating area currently with 19 covers. To the first floor further seating area with 34 covers plus quality ladies & gents WC’s small utility staff room and office. The whole premise is secured on a 35 year lease with approximately 10 years remaining and with a rent of £25,000 plus VAT. Hours 8.00am to 4.00pm Monday to Saturday. There are no business rates to pay until April 2021. The business is operated under management and would ideally suit an owner/worker.

Listing Details
Location: Undisclosed, Undisclosed
Sector: Sandwich Shops, Tea Rooms, Cafes
Key Features
  • Established Business
  • Town Centre location
  • Fully Fitted
  • High Turnover
  • Accounts Available
  • Retirement Sale
  • Offers Invited
Contact Agent
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Advert Reference: 11178 / Rightbiz

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