Cafe for sale in Walsall West Midlands with morning to afternoon hours in a busy area
Walsall, West Midlands
- Status
FOR SALE
- Advert ID
655279
- Reference
W.MID12494 / Rightbiz
- Call Agent:
- Leasehold: £55,000
- Turnover: £156,000 (£3,000 per week)
- Profit: Not Applicable
Business Details
Well established cafe trading from 8.00 am to 2.30 pm serving heavily populated catchment area
Key features
- £3,000 weekly turnover over six days, closing at 2.30 pm
- Eight-year established business, refurbished 2020
- 26 covers across two seating areas plus outside seating
- Located in a local shopping centre with free parking
- New 10-year lease available at £15,000 p.a. VAT
About this business
Owned by our client for past 8 years and refurbished in 2020 plus additional improvements.
Operate easy hours closing 2.30 pm latest over 6 days trading taking £3,000. Established within local shopping centre with plentiful free parking serving the large residential housing estate that surrounds which generates solid trading. Genuine sale due to other business commitments.
Trading figures
We have been informed by our client that the turnover is £3,000 weekly operating over easy hours that could be extended plus Sunday openings would certainly increase trade.
Trading hours
Monday through to Saturday, 8.00 am to 2.30 pm.
Potential for additional openings.
Business premises
Single storey mid parade cafe premises with some outside seating that was refurbished in 2020, being tastefully fitted throughout. Wide fully glazed frontage with full width fascia leads to bright modern interior having tiled walls, lowered ceiling with defused lighting plus seating for 10 customers. Adjoining there is additional seating for a further 16 covers and washroom facility. The full width service counter encloses the serving/working area, backs onto the improved kitchen fitted with stainless steel clad walls beneath a large extraction canopy. To the rear there is access to shared yard and there is ample free parking to the front of the premises.
Trade equipment
Usual selection of equipment associated to the trade, briefly comprising of a digital till, heated display cabinet, 4 ring gas cooker, 2 griddles, numerous fridges & freezers, twin basket fryer, microwave oven, toaster, tables & chairs plus crockery and cutlery.
( Rosens have not tested these item of equipment ).
Trading position
Located within a local shopping centre with convenience store/post office having the advantage of plentiful free parking. Situated in the heart of a large residential housing estate, being a mixture of council and private homes that provide regular year round trading.
Special remarks
Our client has been trading here for the last 8 years and is now only selling due to other business commitments. The premises were refurbished in 2020 to a good standard and there has been further improvements since.
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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.
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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.
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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.'.
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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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Contact seller
Stay Safe
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.
Be safe, use a Rightbiz Solicitor
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