Cafe for sale in Walsall West Midlands due to owner's health situation
Walsall, West Midlands
- Status
FOR SALE
- Advert ID
647770
- Leasehold: £18,000
- Rent: £7,500 (£625 per month)
- Turnover: £12,000 (£231 per week)
- Profit: Not Applicable
Key Features
- Popular outside catering services
- Potential for increased trade
- Potential for negotiation
- Prominent trading location
Business Details
Cafe For Sale in Walsall
Cafe for sale - Owners health forces reluctant sale
Located in Walsall
Taken over by us in October we have grown it from a virtually dormant state to where it is today with a stable and growing customer base
Good footfall with 3 schools, local business, gym and located 1/2 mile from the town centre on busy A road route.
High density residential area too
Currently able to offer both Halal and Non Halal items. We serve all day breakfasts, sandwiches, wraps, burgers, hot dogs, fries, jacket potatoes hot and cold drinks and much more
Have a good social media following on TikTok
In addition to footfall we also have Uber Eats and supply local business’ with lunches on request
Inside there is a fully equipped kitchen with fridges freezers salad bar fryers griddles Bein Marie, oven, food warmer and a chilled display unit as well as drinks fridge
There is also a staff toilet to the rear of the building
Seating for 15 people and also pavement license for outdoor seating
The cafe comes with all fixtures and fittings and is ready to trade from takeover
Trading figures are available upon request
This has huge potential. Currently it is trading Monday to Friday 8am till 5pm but evenings and weekends can add extra revenue too.
The business is present on Google and has good reviews and also a repeat customer base as well as a growing on with new customers every week
The current lease is valid until 2029 and can be transferred or a new 5 year one could be negotiated with the landlord
Monthly lease is £625pcm
To take over the lease you will need to be credit worthy and along either yourself or a guarantor be a home owner it’s the agents conditions
If you wish to view the cafe please message
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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.
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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