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Baguette and Pasta Bar in Central Birmingham

Birmingham, West Midlands
Leasehold Price:
£98,500
Status
FOR SALE
Advert ID
250582
Reference
pastabirmKS2 / Rightbiz

This is a very well-established concern which enjoys all the considerable commercial advantages of a fantastic trading position amongst local retail businesses in Birmingham City Centre.

Operating from well-fitted and well-presented premises, the business currently primarily offers a full and varied in-house takeaway menu of classic hot and cold food, snacks, sandwiches, lunches, side orders, pastries and beverages prepared freshly to order in its fully-equipped catering facilities and served in pleasant surroundings.

There is scope for continued growth, not least with regard to a degree of menu and product expansion, the possible provision of local delivery and outside catering services and the possible introduction of full weekend trading in order to exploit year-round local demand. The business would also benefit greatly by adopting a far more vigorous marketing policy of its excellent existing facilities and services.

Current turnover is in the region of £5500 per week with huge scope to increase.

Lease: The premises are being offered with the benefit of a secure year lease with approximately 5 years of the current term remaining. Alternatively, a new lease may be negotiated.

Rent: The current rent stands at approximately £2100 per month.

We are advised that the Business Rates are £690 per month.

Trading Hours:  5 days Monday to Friday 7.00 am to 4.00 pm.

Staff: 4 full-time, 1 part-time.

Fixtures & Fittings: The business is well-fitted throughout and an inventory of equipment is to be included in the sale price (list available on viewing). It is important to note the commercial kitchen is suitable for greater external catering without further investment.

According to the owner, if the establishment was family-run the profit per week could amount to upwards of £900. Further ways to gain greater turnover plus profits would be to embrace online orders and deliveries, greater social media presence/offers and open more days and longer hours.

 

Listing Details
Leasehold Price: £98,500
Tenure: Leasehold
Location: Birmingham, West Midlands
Sector: Cafes, Tea Rooms, Sandwich Shops
Financials
Annual Turnover: Available upon request
Annual Net Profit: Available upon request
Key Features
  • Established Business
  • Attractive Business
  • Close to Local Amenities
  • Town Centre location
  • Fully Fitted
  • Prime Location
Contact Agent
Telephone: Upgrade to view
Agent Name: Upgrade to view
Advert Reference: pastabirmKS2 / Rightbiz
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