FOR SALE
13/11/23
602536
BSL2311218 / Rightbiz
A rare opportunity has arisen to acquire this highly regarded establishment in the Kings Heath area of Birmingham. Having featured in numerous TV shows and press articles, it is a superb opportunity for any like-minded person with a passion for quality food and/or cycling, to be part of something quite special.
This unique business is now in its 8th year of trading and has an established a loyal customer base. Home to a quality cafe/bar, bicycle repair workshop, pizzeria, and fee-paying cycle club, it is not just a fantastic business opportunity, but also a chance to be part of a thriving community.
The business is entered from the high street to a well presented cafe, with a generous south-facing outdoor seating area. The service counter offers barista coffee and a wide range of award winning craft ales, alongside its highly regarded brunch and lunch menu.
Upstairs is a well fitted commercial kitchen and fully equipped bicycle repair workshop. The workshop is kitted out to a high standard and has a significant customer base of the club and wider cycling community of South Birmingham.
Outside of the main building is a customised container, fitted to a very high standard as a pizzeria with all principle equipment included. This could be operated by the ownership or could provide an additional rental revenue stream of £660-700 PCM.
Cafe - 180k P/A
Workshop - 65k P/A
Ancillary - memberships, kit events etc - 8-10k p/a
Annual sales circa £255k
This business presents excellent opportunities for growth - via its diverse revenue streams across its food, workshop and membership base.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Get SolicitorThe data showed regarding this advert 'Rare Opportunity has Arisen to Acquire this unique business. Offers around £169,950 - BSL2311218 / 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.