Coffee shop and Italian kitchen for sale in Bromsgrove Worcestershire
Bromsgrove, Worcestershire
- Status
FOR SALE
- Advert ID
642097
- Leasehold: £65,000 (Stock at valuation)
- Rent: £7,800 (£650 per month)
- Turnover: £210,000 (£4,038 per week)
- Profit: £95,000 (46% Profit margin)
Business Details
Coffee shop and Italian kitchen
Discover a delightful opportunity to own a charming café and Italian kitchen that perfectly balances a welcoming atmosphere with modern decor and comfortable seating. Boasting a fully equipped kitchen, complete with commercial-grade appliances designed for Italian cuisine, this establishment is ideal for passionate food enthusiasts seeking to create authentic dining experiences.
Located in a strategic area, the café features a visible storefront that attracts substantial foot traffic, ensuring a steady flow of potential customers. With an established customer base, the current menu highlights quality coffee and delectable Italian dishes, setting the stage for continued success. The spacious layout not only enhances the dining experience but also presents opportunities for expansion and hosting events.
Business Overview
Having been in operation for 12 years, this well-established business has been under current ownership for five years. The area's competitive landscape is minimal, allowing for a unique market presence. Included in the sale are essential fixtures and fittings, adding further value to this enticing offer. Notably, there has been a year-on-year increase in turnover, indicative of the café's growth and popularity.
Financial Details
The leasehold price for this thriving café and Italian kitchen is £65,000, with a current turnover standing at £210,000. The annual rent is set at £7,800, and the business enjoys a profit margin of approximately £95,000, making it a sound investment for prospective owners.
Next Steps and Opportunities
As the owner prepares to move back home, they are keen to pass on this culinary gem to the next passionate entrepreneur. The business currently employs three dedicated staff members and boasts an active online presence. To ensure a smooth transition, the current owner is willing to provide training opportunities for the new owners, facilitating a seamless handover and continued success for the establishment.
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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.
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.
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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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