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Busy Cafe Diner In Town Centre *A1 Location* For Sale

Walsall, West Midlands
Asking Price:
£90,000 Furniture / Fixtures included
Sales Revenue:
£330,000
Cash Flow:
£85,000

UPDATE: We are now moving into the dessert market, alongside our normal business. We have installed a scoop ice cream counter and have started serving milkshakes too. Waffles and sundaes and much more to come in the next few weeks. This will increase weekly sales to a greater expectation.

Situated in a very sought position in Walsall Town Centre, we have a cafeteria/bakery for sale. Offering everything from sausage rolls to baguettes and sandwiches, from breakfast baps to cooked meals, from jacket potatoes to Paninis.

Shop laid out professionally with quality warranted equipment, seating for 45 customers minimum, both inside and outside of the shop.

Having employed 4 part time staff and one manager, we have a great team of experienced chefs.

All products sold are of high quality and at competitive prices. Already running at profit, there is an option to increase prices and achieve further revenue. The business has scope to grow much further and the new buyer will be advised and given information as to how that is possible, with all the background and marketing work already done.

The business is open 7 days a week from 7am till 5.30pm and reduced hours on Sunday. With approx 1500 people passing the store in an hour, the bus terminal is yards away from the shop, and Walsall markets are situated right on the doorstep. There are two doors to the premises, one leading onto the main street and the other into the Grade 2 listed arcade, both doors have unrestricted access. Written permission is given for seating outside.

The reason for the sale is investment elsewhere, and we require funds hence the sale of the business. Growth and cost expenditure will be shown as well as bank statements.

The business is sold as leasehold, and there are no restrictions as to what you cannot sell. Alcohol licence can be obtained for the premises should the new buyer require. All fixtures will be sold from the drinks chiller, 2 cold modules and one hot module, prep counter, oven, food chiller, walk-in freezer and the EPOS system, and much more. The store also has a disabled customer toilet and built in music system. Advice and help will be given as well as 6 weeks handover and training should you require.

Situated in a corner plot, with floor to ceiling glass covering the two sides of the building, the location is a selling point alone on its own. Passers by can see all the shop from the outside and see how professionally the shop is laid out. There has been demand since the store opening but we were not in a position to sell as business was growing.

We are looking at a leasehold value of £140,000. The tenancy is on a 10 year lease with rent review in Year 5. Rent stands at £27,000 approx per annum, which is achievable with out any hard work. The business is already growing daily.

This is a great opportunity for a business minded person, or anyone with cooking experience. The staff are all fully qualified on all aspects of the business. from cooking food, operating the till system, closing and opening the store and placing orders.

Please contact seller for more details.

We do not want any time wasters. The price has been greatly reduced for a quick and efficient sale, but we welcome any decent offers. Viewing of the store can be done at anytime.

If interested, please contact the seller through the form on this page.

Property information

Property:

Leasehold

Lease Terms:

10 year lease, with 7 years remaining.

Leasehold Rent:

£27,000 per annum

Location:

Prime high street city centre location, situated in a corner plot leading into a shopping arcade , with glass all around two sides of the building. With the main bus terminals 30 yards from the shop.

Premises Details:

Based in a Grade 2 listed building with two main doors leading into the store, and one rear access. the store also benefits with a basement.

Size in square feet:
Approx 1300feet
Energy Performance Rating:
B

Business Operation

Expansion Potential:

Business has scope to grow much further and marketing work has already been done. The new buyer will be given information and help to set this up.

Reasons for selling:

Further investment elsewhere.

Trading hours:

7am-5.30pm Monday to Saturday, 9-4 Sunday.

Employees:
4
Years established:
2

Other Information

Support & training:

6 weeks of training and handover will be given at no extra cost.

Inventory / Stock value:
£3,000
Relocatable:
This business can be relocated.

Contact Information

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