Profitable Birmingham Restaurant & Dessert Shop with UberEats Partnership for Sale
Birmingham, West Midlands
- Status
FOR SALE
- Advert ID
618713
- Reference
B08284 / Rightbiz
- Call Agent:
- Leasehold: £49,999
- Turnover: £192,000 (£3,692 per week)
- Net Profit: £62,500 (33% Profit margin)
Business Details
Profitable Restaurant & Dessert Shop For Sale
BusinessPlease quote reference B08284
CoGoGo is delighted to present this incredible opportunity to acquire Luxurious, a well-established and highly regarded restaurant and dessert shop in the heart of Birmingham.
Established in 2022, Luxurious has quickly built up a strong reputation for offering high-quality meals, indulgent desserts, and exceptional service. Our client is now looking to sell this profitable business to pursue other ventures.
The business thrived during its operation, attracting a loyal customer base and becoming a favourite among locals and visitors. However, the company is now closed and no longer trading, offering a glimpse into what made it such a cherished establishment during its time.
Key Features (at the time of operation):
- Established in 2022
- 40 Indoor Covers
- Ground Floor Usage
- Alcohol License
- High Footfall Location
- UberEats Partnership
- Outside Catering Services
- Assets Valued at £75,000
Growth Opportunities:
- Expanding Delivery Platforms: With Uber Eats as the sole delivery platform, introducing additional platforms like Deliveroo or Just Eat is seen as a way to grow online sales.
- Maximising Outdoor Space: The property featured a storage area at the side, ripe for conversion into seating, a takeaway counter, or a dessert kiosk to drive further footfall.
- Social Media Marketing: A targeted social media and digital marketing strategy could amplify visibility and draw in additional customers.
- Event Hosting: Given the business's alcohol license and stylish, modern interior, hosting events such as wine tastings, dessert nights, or private functions could attract new customers and create repeat business.
- Extended Operating Hours: Exploring earlier openings or later closings to cater to different markets.
Although now closed, Luxurious serves as a testament to what a well-run restaurant and dessert shop can achieve with the right vision and execution. Its story remains a valuable example of success in Birmingham's competitive hospitality sector.
Location
Luxurious is currently located in Birmingham.
Premises
The entire business operated from the ground floor, ensuring easy access for customers and staff alike. The restaurant comfortably accommodates up to 40 diners indoors, providing an intimate yet spacious dining experience for guests.
Tenure
This opportunity is being sold on a Leasehold basis with 6 years remaining on the lease.
The current rent is £1,700 per month.
A new lease will be offered.
Hours
This business has now closed down, but when trading the operating hours were:
Monday to Sunday - 9:00 am to 1:30 pm & 7:00 pm to 9:30 pm
They hold an alcohol license from between 9 am to 10 pm.
Staff
When trading this business is run and managed by our client with the help of 4 staff members.
Financial Profile
When trading this business generated a turnover of £192,000. Full financials can be made available upon further request.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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.
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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.
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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.
Stay Safe
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.'.
Stay Safe
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.
Stay Safe
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
Contact seller
Stay Safe
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.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.'.
Stay Safe
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.
Stay Safe
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
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