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Busy Cafe and Sandwich Shop in Netherton, Dudley

Netherton, West Midlands
Leasehold Price:
£43,950
Status
FOR SALE
Advert ID
257282
Reference
cafenethertonKS / Rightbiz

Operating from well-fitted and 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 environment with a small seating area.


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.


The business would also benefit greatly by adopting a far more vigorous marketing policy of its excellent existing facilities and services, particularly with reference to the introduction of on-line advertising and ordering in order to improve upon the already high levels of turnover and profitability it has achieved since being established in its present form some fifteen successful years ago by the current owner (3 years).  We would strongly recommend the earliest possible viewing to avoid disappointment.


Financial Information
Current turnover: In the region of £77000 pa with huge scope to increase.
Lease: The premises are being offered with the benefit of a secure two-year lease with expiration April 2022.  Alternatively, a new lease may be negotiated.
Rent: The current rent stands at £6360 per year.
Trading Hours: Monday to Friday 7am to 1.30pm; Saturday 7am-12pm
Staff: 2 full time and 1 part time staff.

 

The business is well-fitted throughout and a valuable inventory of equipment is to be included in the sale price.

 

It is important to note the business comes with two parking spaces plus a reasonably-sized office towards the rear of the café.

 

Financial (Accounts) will be discussed at an appropriate meeting.


Reason for sale is semi-retirement and family commitments.

 

This is an excellent opportunity for a new owner to take this already thriving and popular business to the next level; therefore, early viewing must come highly recommended to avoid disappointment.

 

A full profile is available once a confidentiality & non-disclosure agreement has been signed. All arrangements to view are strictly by an appointment through the offices of City Business Brokers and no approaches whatsoever should be made to the owner or the business.

 

All above information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy of this information.

 

Listing Details
Leasehold Price: £43,950
Tenure: Leasehold
Location: Netherton, West Midlands
Sector: Cafes, Sandwich Shops, Tea Rooms
Financials
Annual Turnover: £77,000
Annual Net Profit: Available upon request
Key Features
  • High Turnover
  • Small Business
  • Retirement Sale
  • Established Business
  • Fully Fitted
Contact Agent
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Agent Name: Upgrade to view
Advert Reference: cafenethertonKS / Rightbiz

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