Established Café, Restaurant, and Dessert Shop for Sale in Walsall West Midlands
Walsall, West Midlands
- Status
FOR SALE
- Advert ID
623611
- Leasehold: £38,000
- Rent: £7,800 (£650 per month)
- Turnover: £104,000 (£2,000 per week)
- Net Profit: £40,000 (39% Profit margin)
Key Features
- High Turnover
- Price Reduced
- Prime Location
- With Car Park
- Free of Tie Leasehold
- Attractive Business
- Central Position in Affluent Village
- Fully Fitted
- Large Business for Sale
- Company for Sale
Business Details
Cafe, Restaurant, Dessert Shop
The restaurant, cafe, and bar, located in a prime residential area near a college and schools, is up for sale. This is an excellent buying opportunity due to the proprietor's decision to travel. The leasehold is priced attractively at £38,000, with stocks included, ensuring a smooth transition for new owners.
This business boasts an impressive turnover of £104,000, with a profit margin of £40,000. The monthly rent is an affordable £600, amounting to £7,800 annually. Positioned centrally in an affluent village, it benefits from high footfall, thanks to nearby shops, restaurants, and public services.
Spanning a large area, the establishment includes a private office, ample storage for goods, and convenient parking space. Although the name is not part of the sale, the shop is fully equipped with top-of-the-line machines ensuring seamless operations. Current equipment includes display and storage refrigerators, an ice cream freezer, and a range of appliances such as an orange juicer, coffee machines, a slush machine, and a waffle maker. Entertainment is provided through a children’s play area and a music system, enhanced by four televisions.
The premises are further equipped with air conditioning, a comprehensive camera and alarm system, attractive iron tables, and modern lighting. All these features create a welcoming atmosphere, making it an ideal spot for customers. The business also has a well-established online presence, and the seller is willing to offer training to the new owners. Two current employees can contribute to a smooth transition.
Potential buyers can acquire the shop either with or without the equipment at negotiated prices. The business has been thriving for over a year with increasing turnover, and it is recommended for anyone interested in a lucrative investment. Contact for more details if serious and interested.
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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.
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