FOR SALE
654136
Established Licensed Café Bistro for Sale – Prime Lichfield City Centre Location
Asking Price: £109,990
Rent: £22,800 per annum (£1,900 per month)
A rare opportunity to acquire a thriving, well-established café bistro in the heart of the beautiful cathedral city of Lichfield.
Trading successfully for over 40 years, this highly regarded business enjoys an enviable reputation for quality food, excellent value and friendly service, with a loyal customer base and strong repeat trade. We have owned the business for over three years, during which time we have invested in numerous improvements. While the business continues to perform well, we believe there is significant potential for a new owner to develop it even further.
The only reason for this genuinely reluctant sale is to spend more time with our young family and focus on our other business commitments.
The Business
Situated within an attractive Grade II listed building in a prime city centre location, just a short walk from Lichfield Cathedral and Beacon Park, the business benefits from excellent footfall from local residents, shoppers and visitors.
Currently operating seven days a week (daytime only), there is clear opportunity to increase turnover by extending opening hours into the evenings or expanding the licensed offering.
The business currently serves:
The premises offer approximately 48 covers, including indoor and outdoor seating, and benefit from both an alcohol licence and an outside trading licence.
The business is currently run with 2 full-time and 3 part-time members of staff, making it ideal for an owner-operator looking to be hands-on while benefiting from an experienced team.
Key Highlights
Financial Information
Confidential (Discretionary) Sale
This is an excellent opportunity to acquire an established and profitable hospitality business in one of Staffordshire’s most desirable city centre locations. Early enquiries are recommended.
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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