Traditional Café in Wolverhampton

Wolverhampton, West Midlands
REF: R05824

Asking Price:
£6,500
Annual Turnover:
£20,000
Annual Net Profit:
TBC
Reduced
Recently Sold
REF: R05824
Photo of Traditional Café in Wolverhampton
Photo of Traditional Café in Wolverhampton
Photo of Traditional Café in Wolverhampton

Overview

Tenure:
Leasehold
Established:
2003
  • Loyal customer base
  • Minimal overheads
  • Varied menu options
  • Sizeable premises
  • High footfall location

The business for sale is a traditional café/sandwich bar in Wolverhampton.

Serving the general public since 2003, the café has become well-known in the local area for its delectable food and friendly customer service.

Its strong financial figures and large, high quality premises are now available to a brand new owner.

Operating as a café for over 14 years, the business has been serving a range of items on both an eat in and take away basis, including traditional café items such as English breakfasts and sandwiches as well as a range of beverages. Skilled and friendly staff ensure returning trade from its loyal customer base, which mainly comprises local residents, employees and those visiting from out of town.

The café runs from a single fronted, terraced property which possesses all fixtures and fittings such as a coffee machine, refrigerated units and all tables and chairs. A large open plan seating area accommodates around 8 covers. A large counter towards the front of the shop showcases a selection of the business’s baked goods and beverages and allows staff to manage customer transactions. Staff toilets are also located in this area. A sizeable kitchen is also utilised for food preparation.

As the business has not directed revenue into advertising, the café has relied on word of mouth recommendations and reviews alone to expand its customer base.

This is a perfect opportunity to acquire an established eatery which possesses a high footfall location and well-equipped premises from which to operate.

Its loyal customer base and minimal competition has enabled the business to prosper, contributing to its healthy annual turnover of £40,000.

A current owner-operator of a catering related establishment or a new investor looking to take ownership of a successful local business would make a suitable candidate for this opportunity.

Various options for expansion present themselves to a new owner. Increasing advertising through social media platforms would be beneficial in heightening the café’s exposure. Extending opening hours past 2pm would assist in enhancing trade. Implementing a delivery service would also have a similar effect.

An interested buyer would be provided with a complete handover of the business from the current owner.

Location

Property

Annual Rent
£7,992
Annual Rates
TBC
Lease Term (Years)
7
Lease Expiry (Years)
TBC
Accommodation Included
TBC
EPC Rating
C 51-75

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

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