Business description
Traditional café for sale with sales of all day breakfasts hot & cold sandwiches jacket potatoes and tea & coffee all counter sales no deliveries. Sales average £1,500 per week with a gross profit yield in the region of 70%. Property comprises ground floor sales area with seating for 22 with counter unit and rear open plan kitchen and further rear preparation area WC and veranda all secured on a lease with a rent of £12,000 per annum. Operated by the owner with 4 part time girls with hours of 7.00am to 3.00pm Monday to Saturday. The business could stay open longer as it is in a busy commercial area. Genuine retirement sale this is a very profitable business which will attract much interest.
Property information
- Property:
- Leasehold
- Lease terms:
- The property is secured on a 10 years lease from 2008 subject to a rent review in the 5th year
- Leasehold rent:
- £12,000 per annum
- Location:
- The business is ideally located in the centre of Kings Heath just off the very busy High Street with many multiple retailers. Kings Heath is located approximately 4 miles south of Birmingham City centre. There is plenty of customer car parking close by.
- Premises details:
- Property comprises ground floor shop with seating area for 22 customers and open plan kitchen. Rear preparation area WC and useful veranda.
Business Operation
- Reasons for selling:
- Genuine retirement sale
- Trading hours:
- 7.00am to 3.00pm Monday to Saturday
- Employees:
- Operated by the owner with 4 part time girls
- Years established:
- The business has been established many years
Other information
- Support & training:
- Full tuition will be given to any new owner
- Financing available:
- We can introduce you to various business brokers or banks depending on your circumstances. We now have a qualified commercial broker with us able to offer finance from prime lenders at reasonable interest rates.