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Located in Great Barr, West Midlands, this charming cafe is a true gem for anyone looking to invest in a thriving community business. Known affectionately as a “greasy spoon,” it attracts a solid base of regular customers who appreciate its warm atmosphere and quick service. With the potential to revamp and extend operations, including evening opening hours, this fast-paced establishment presents an exciting opportunity for savvy entrepreneurs. Customer reviews highlight the cafe’s welcoming environment and dedicated service, suggesting a strong foundation for future growth.
Established for over five years, the cafe has seen significant success under the current ownership of two years. Surrounded by various amenities—including shops, a post office, and popular eateries like Greggs and pizza outlets—the cafe enjoys a prime location that consistently draws foot traffic. The competition in the area is robust; however, the cafe’s unique position allows it to operate effectively during daytime hours, with other establishments available in the evenings.
The cafe has experienced impressive growth over the past year, with sales doubling from approximately £2,000 per week to around £4,500. This increase underscores the business's strong appeal and untapped potential. As the current owner is selling due to other commitments and family obligations, this presents a unique opening for new ownership. The cafe currently employs two full-time and two part-time staff members, ensuring a well-supported operation.
Key Highlights of the Business
The leasehold for this cafe is priced at £89,995, with an annual turnover of £205,000 and a reasonable rent of £9,600 per year. The current setup boasts modern payment systems, multi-use kitchen facilities, and access to multiple food service platforms, including Uber Eats and Just Eat. Notably, there are no business rates to consider, enhancing profitability.
This cafe also offers an on-site cooking and serving setup, along with a one-week training period for new owners, ensuring a smooth transition. There’s an ongoing operational framework in place, with a strong online presence that includes delivery options. The business's popular fast-food menu is complemented by the potential for menu expansion, catering to evolving customer tastes.
Expansion Opportunities
With an outdoor operating space, strong visibility, and accessible parking, the cafe is perfectly positioned for takeaways and delivery services. The thriving online delivery platforms enhance its reach, while the potential for personal branding and business revival is vast. Overall, this cafe represents a truly exciting opportunity in a prime location.
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
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