THIS BUSINESS IS NOW UNDER OFFER

Well Established Cafe in Kings Heath, Birmingham *Fantastic Opportunity* *Viewing Recommended*

Kings Heath, West Midlands

Status

UNDER OFFER

Date Submitted:

07/05/21

Advert ID

276240

Reference

cafekheathKS / Rightbiz
Leasehold: £38,950
Annual Turnover: £142,588
Annual Net Profit: Available upon request

City Business Brokers is pleased to bring to the market this contemporary Café in a good location in the popular area of Kings Heath, Birmingham.  The business was established by our client in 2017 and is located amongst other retail businesses attracting a high footfall.  The business has a good social media following with great reviews.  Free parking for 1½ hours is available nearby.

The business operates from superb, well-fitted premises and has recently undergone a full refurbishment. 

*Please Note: The business is currently closed but Pre-Covid figures are:

Turnover:        £142,588 per annum

Gross Profit:    £57,977 per annum

Rent:                £950 per month

Lease:              A new lease is available

A valuable inventory of furniture, fixtures, fittings and equipment is included in the Asking Price.

We feel there is scope to develop the business further by:

·         Extend opening to 6 or 7 days per week

·         Consider use as a Bistro in the evenings, with Supper Clubs, etc

·         Licence the premises until 11.00pm

Our client has reluctantly placed the business on the market due to changes in personal circumstances.

This would be a fantastic opportunity for a new owner to acquire an established and highly thought-of Café and viewing is highly recommended.

A full profile is available once a non-disclosure agreement has been signed.

 

All enquiries to City Business Brokers.

 

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

 

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.

 

 

 

 

Key Features
  • Fully Fitted
  • High Turnover
  • Prime Location
  • New Lease
  • Town Centre location
  • Unique Business
  • Established Business
  • Attractive Business
  • Close to Local Amenities
  • Currently Closed
Contact Agent
Agent Name:
Advert Reference:
cafekheathKS / Rightbiz
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THIS BUSINESS IS NOW UNDER OFFER
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The data showed regarding this advert 'Well Established Cafe in Kings Heath, Birmingham *Fantastic Opportunity* *Viewing Recommended* - cafekheathKS / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.
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