FOR SALE
642817
We are excited to present an exceptional opportunity to purchase a well-established restaurant and coffee bar located in the vibrant city of Birmingham. With an asking price of £85,000, this business has demonstrated impressive financial performance, boasting a weekly turnover of £7,000 and an annual income of £364,000. The current lease, set at a competitive rent of £1,500 per month, is valid for five years with the option to extend.
The restaurant can comfortably accommodate up to 50 guests, creating a bustling dining atmosphere that is perfect for both casual dining and special occasions. Its prime location ensures excellent street visibility and attracts a significant amount of foot traffic, making it an ideal choice for anyone looking to enter the hospitality industry.
Features and Highlights
This restaurant comes fully equipped with a modern kitchen that includes all necessary appliances and ample storage. The appealing bar area serves a variety of beverages, enhancing the overall dining experience. Guests will appreciate the clean and stylish restroom facilities, which contribute to the establishment's overall appeal. The décor creates a vibrant and cozy dining area that invites patrons to relax and enjoy their meals.
Included in the purchase are all kitchen fittings, the bar area, and essential furniture and equipment, allowing for a seamless transition for the new owner. There is also a digital presence with an ordering system already in place, providing a solid foundation for future growth. Residential accommodation options are available nearby, further adding to the convenience for the operator.
Established Business with Potential
This restaurant has been successfully operating for seven years, during which time it has built a well-regarded reputation within the local community. The business model is proven and well-maintained, offering the potential for extended operating hours and enhanced delivery services to reach a broader audience.
Not only is this an opportunity to own a thriving restaurant, but it also offers a vibrant community engagement space. With up-to-date bills and rent, and all stocks included in the asking price, this business is ready for a new owner to take over and continue its legacy. Viewing is highly recommended to fully appreciate the value this establishment has to offer.
For more information, please visit the restaurant at 130-132 Sandon Road, Bearwood, B66 4AB, from 11 am to 9 pm, or reach out directly for any enquiries.
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 'RESTAURANT & COFFEE BAR ' 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.