Status: For Sale
Tenure: Leasehold
Leasehold Rent: £11,400 per annum
Turnover: £109,200
Established Café With 40 Cover Seating AreaEstablished Café With 40 Cover Seating AreaEstablished Café With 40 Cover Seating AreaEstablished Café With 40 Cover Seating AreaEstablished Café With 40 Cover Seating AreaEstablished Café With 40 Cover Seating Area
£120,000 + SAV

Established Café With 40 Cover Seating Area

For Sale
  • Reference: 14006 H
  • Location: Wolverhampton, West Midlands
There has been a café on this site for at least the last fifty years and it has been run successfully by the current owner for the last eleven years or so. It is being sold reluctantly so the owner can pursue her dream of working in property development.

The business is a traditional café serving freshly prepared food using locally sourced ingredients where possible and offering breakfasts (Mega, Standard and Small) hot sandwiches, toasted sandwiches, cold sandwiches, baps and hot and cold drinks.

The business is proud of its five-star food hygiene rating.

The business has a good visible presence on the internet with a Facebook page and great online reviews.

The business is well signed, clearly visible to passing trade.

Scope to Improve
Extend the opening hours.
Open as a bistro in the evenings.
Explore Just Eat and Hungry House type offerings.
Expand the outside catering side of the business.
Introduce a loyalty scheme/card.

TENURE

We are advised leasehold.

The original lease was for 9 years.

Currently a rolling lease. We are further advised that the landlord would be happy to negotiate a mutually acceptable lease with the new owner.

The rent is £11,400 per annum.

The business rates are currently £8,500 approximately per annum.

HOURS

Monday to Friday: 7.30-2
Saturday: 7.30-12.30

STAFF

The business is owner managed with the help of three-part time members of staff.

FINANCIAL PROFILE

The business reports a turnover of approximately £110,000 per annum.

EXTRA NOTES

Reasons to buy
Well established business with an enviable reputation and many existing customers.
Current owner happy to offer a handover to ensure the continued success of the business.
A real opportunity to increase turnover significantly.
Wolverhampton lies northwest of its larger near-neighbour Birmingham and forms the second largest part of the West Midlands. To the north and west lies the Staffordshire and Shropshire countryside.

The M54 motorway forms a northern bypass to the city, passing just within the fringes of the urban area and links the city with Telford, Shrewsbury and Wales.

The business is perfectly situated opposite a busy Sainsbury supermarket and benefits from high levels of footfall and passing trade as well as having many regular customers. The business is surrounded by busy industrial estates, is well known and the owner is well respected and admired.
Much larger than your average café, the business is presented and maintained to the highest possible standard.

Café
Windows and glazed door to front creating a light airy and inviting interior, tiled floor, fluorescent lighting and tables and chairs providing 40 covers with room for more.

Equipment includes:
Bespoke counter with generous wrapping/serving area
Glass fronted serve over counter
Lincat stainless steel urn
Hot pork station
Perimeter shelving
Glass fronted drinks chiller
Menu board
Newly installed alarm system.

Kitchen
A generously proportioned and well-equipped catering kitchen, fully tiled walls, vinyl flooring and fluorescent lighting.

Equipment includes:
Numerous stainless-steel preparation tables
Full extraction system with stainless steel canopy and splashbacks
2 x Cougar commercial griddles
Four pot Bain Marie
Three pot Bain Marie
3 x four slot toasters
Stainless steel warmer with double doors
Larder type fridge
Microwave oven
Wash up area with two 1 ½ bowl deep stainless-steel sinks and drainers with useful storage beneath
Separate hand wash basin
Built in store cupboard with hot water tank.

Store Room
With tiled floor, windows to rear, fluorescent lighting, upright freezer and perimeter shelving.

Office
With fridge and microwave, window to rear, room for a desk.

Exterior
To the front of the café is a generous car park with parking for at least 12 cars. There is also car parking available (free) at the Sainsbury car park opposite.

Contact us today for more information

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