Profitable Café in Birmingham City Center with Strong Online Presence for Sale
Birmingham, West Midlands
- Status
FOR SALE
- Advert ID
621208
- Leasehold: £30,000 (Stock at valuation)
- Rent: £12,000 (£1,000 per month)
- Turnover: £50,000 (£962 per week)
- Profit: On request
Key Features
- Fully Fitted
- Close to Local Amenities
- Established Business
- Small Business
Business Details
Cafe for sale central Birmigham
This investment is an excellent opportunity for first-time investors seeking low-risk ventures with potential for growth. This cafe, situated in the town center of Birmingham, West Midlands, offers health-focused food options, distinguishing it from the neighboring fast-food outlets.
The cafe, established for two years, is conveniently located within a busy post office building and surrounded by various amenities including shops, restaurants, a mosque, a pharmacy, and many factories, attracting a broad range of customers. With major construction going on in the area, the location is destined to become part of the city center, further boosting its business potential.
This business has been under the same ownership since its establishment. The owner identifies no competition in the proximity as all other nearby food outlets offer fast food, while this cafe has focused on providing healthier options, including breakfast. The business has seen increasing turnover over the years, with a full accountants' report available to demonstrate its earnings.
The cafe is fully equipped with all the necessary fixtures and fittings included in the purchase price of £30,000. It currently operates with a single employee, although to further boost sales, the owner recommends adding another. The annual rent for the premises stands at £12,000.
The reason for selling is personal: as the owner's wife, who runs the business, is planning to start a family. Despite the imminent sale, it's important to note that sales have been consistently maintained, thanks, in part, to a strong online presence. The cafe has established partnerships with two online food delivery platforms, Uber Eats and Just Eat, which have proven successful in attracting business, particularly during its first year.
In conclusion, this small, attractive business, fitted with all necessary amenities and appliances, set in a prime location, and showing consistent revenue growth, offers a perfect investment opportunity for anyone looking to venture into the food service industry.
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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.
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Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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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.
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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.
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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.'.
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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.
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