Status: For Sale
Tenure: Leasehold
Leasehold Rent: £16,800 per annum
Turnover: £121,236
Café Potential Restaurant and BarCafé Potential Restaurant and BarCafé Potential Restaurant and BarCafé Potential Restaurant and BarCafé Potential Restaurant and Bar
£129,999 + SAV

Café Potential Restaurant and Bar

For Sale
  • Reference: 13855 H
  • Location: Willenhall, West Midlands
The business was established approximately 10 years ago and has been successfully run by the current owner for the last 7 and is only being sold due to his wish to pursue other business opportunities.

The business sells hot and cold drinks, breakfasts and lunches as well as daily specials, in addition it also has a fully licensed bar and a function room facility that is used for birthday parties, celebrations, charity events, meetings, open mic nights etc and can accommodate 80 covers.

The business has a Facebook page with 103 likes and a visible presence on the internet generally.

Room for improvement
Website.
Extend the opening hours.
Develop and promote the outside catering arm of the business.
Open as a bistro/restaurant in the evenings.
Maximise the use of social media.

TENURE

We are advised leasehold.

The lease is currently a rolling one, we are advised that the landlord would be happy to negotiate a new lease on mutually acceptable terms for a new owner.

The rent is currently £16,800 per annum, this includes all bills for the year, i.e. gas, electric, water and refuge.

There are no business rates payable at the time of instruction.

HOURS

Monday to Friday: 7.30am - 2.30pm
Saturday: 7.30am - 12pm
Sundays: closed

STAFF

The business is owner managed with the help of one full time and three part time members of staff.

FINANCIAL PROFILE

The business reported a turnover of approximately £122,000 in the 2016 financial year.

EXTRA NOTES

Reasons to buy
Perfect trading position with little or no competition.
Well established business with an enviable reputation and many existing customers.
Needs viewing to appreciate what is on offer and the opportunity that it presents.
Immaculately presented making this an ideal Turn Key business.
Ideal owner managed or husband and wife business.
Current owner happy to offer a handover to ensure the continued success.
Willenhall is a medium sized town in the metropolitan borough of Walsall with a population taken at the 2011 census of 28,480. It is situated between Wolverhampton and Walsall historically in the count of Staffordshire.

Willenhall is well served by buses, the town centre lies on the 529 bus route which links Walsall and Wolverhampton running every 10 minutes. Willenhall is about 10 minutes drive away from Junction 10 of the M6. Many main roads run through the area including the Key Way and the A454 Black Country Route.

The business is ideally situated on a main road position at the front of a large industrial complex which houses many offices and small businesses, the area is also densely populated with residential housing. There are currently 126 different companies situated in the immediate vicinity. There is free on street parking nearby and a large free car park opposite.

The business is immaculately presented with bright visible signage.
These are very nice premises and really need to be viewed to fully appreciate, the business part occupies the ground floor of a large industrial development.

Café/Bar
Beautifully presented and maintained, certainly not your typical "greasy spoon" café.

Windows and glazed door to front creating a light airy interior, very generously proportioned with high ceilings and lots of light, tiled floor, feature exposed brickwork to walls, hanging graphics, wall lights, feature lantern style roof lights, wall mounted tv point, a mixture of upmarket looking tables and chairs provide 80 covers approx.

There is a bespoke bar with a marble effect top and a range of dispense points and optics, feature pendant lighting, glass block wall and a glass fronted wine cooler.

There is a bespoke café counter in a light oak effect with glass fronted serve over counter, freestanding crisp rack, glass fronted drinks chiller, coffee machine, glass fronted pie warming cabinet, perimeter shelving, free standing, stainless steel crockery storage, under counter fridge with a further under counter glass fronted fridge as well as a stainless steel hand wash basin.

At the far end of the café is a raised "chill out" seating area with comfy leather effect sofas, tub chairs and low tables and then sliding doors to an outside patio area with glass topped tables and chairs, block paving and a gate to the street behind. This is a lovely little sun trap, very popular for alfresco dining in the warmer months.

Kitchen
There is a generously proportioned catering kitchen which is comprehensively equipped and immaculately presented and includes the following:

Double stainless-steel sink and drainer
Commercial dishwasher
Two pot Bain Marie
Free standing cooker with grill, fan oven and halogen hob
Industrial griddle
Single basket commercial fryer
Further single basket fryer
Full extraction system
Stainless steel splash backs
Wall mounted grill
Stainless steel preparation tables
Perimeter shelving
Stainless steel commercial double fridge
3 x four slot toasters.

The premises are fully air conditioned.

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