Status: Completed
Tenure: Leasehold
Leasehold Rent: £1,200 per month
Turnover: £200,000
Fully Fitted Cafe With a Fantastic MenuFully Fitted Cafe With a Fantastic MenuFully Fitted Cafe With a Fantastic Menu
£105,000 + SAV

Fully Fitted Cafe With a Fantastic Menu

Completed
  • Reference: 2953
  • Location: Kingswinford, West Midlands
Hilton Smythe is delighted to welcome to the market a highly profitable Coffee Shop. This business was originally established in 2005. The business is now being offered to the market for a genuine reason.

The owner has thoroughly enjoyed running this profitable coffee shop and restaurant. Over the years the business has benefitted from its great word of mouth reputation and high amounts of passing trade. The coffee shop has a fantastic menu with a varied range of choice. The shop sells breakfasts, hot meals, sandwiches, snacks, cakes, hot and cold drinks the coffee shop is also fully licensed.

The menu included products such as-
Varied hot and cold sandwiches
Salad bowls
Take away salads
Jacket potatoes
Homemade soups
Range of cakes
Scones
Muffins

The business sells great popular foods for great value. This coffee shop generates a healthy turnover of around £200,000 per annum with a gross profit of 60%. This is exceptional however we believe this could be increased massively in several ways.

Our client currently runs the shop at a steady pace to meet her needs, and therefore with a hardworking and determined new owner this already profitable business could thrive further. The business is currently closed on a Sunday but this could be something the new owner looks into. Also by extending the menu, the coffee shop could open later hours and develop the restaurant side of the business.

This premise is fitted with a baby changing facility which is included in the disabled toilet.

This is a fantastic sized coffee shop with around 66 covers. The shop is set over two floors with a seating area to the front of the premises. There is huge potential for this business, Hilton Smythe highly advise early viewing to avoid disappointment.

TENURE

We are advised the business is Leasehold.

Original lease length: 20 years
Remaining lease length: 9 years
Rent: £1200 per month

HOURS

The business is open-

Monday - Saturday: 8:30am - 4:30pm
Sunday: Closed

STAFF

The business is run and managed by our client with the help of 2 full time and 4 part time members of staff.

FINANCIAL PROFILE

The business generates a turnover in the region of £200,000 per annum.
With a gross profit of around 60%
This fully fitted Coffee Shop is located in the main shopping area of Kingswinford, West Midlands.

The coffee shop is situated in a pedestrianised shopping precinct within the village. Close by to the business is a fantastic range of independent businesses such as a card and gift store, electrical repairs, clothing stores, furniture stores, florists, dry cleaners and much more. This is a busy area that receives a mass amount of footfall each day.

The business is located on the corner of the A4101 and the A491. Each of these roads being main links in and out of Kingswinford town. The A491 connects this area to Wolverhampton and the national motorways. Wolverhampton is approximately a short 20 minute drive away, Dudley is a lot closer being just 4.4 miles away. This village is a great place to live and work as there are great public transport links, within easy walking distance of the business are bus stops with regular routes to surrounding towns.
This double fronted coffee shop is well signed and has a seating area at the front of the property for 16 covers. Through the entrance is the main seating area with 25 covers downstairs and 25 on the upper floor. There is also a disabled toilet with baby changing facilities on the ground floor. The café is well laid out with a large counter on entrance the property is also fully air conditioned. The serving area is clean and well equipped.

To the back of the shop is a small kitchen and pot wash area. Through this way is access to the rear of the premise which leads to a large pay and display carpark.

On the first floor is the 25 covers and separate ladies and gent's toilets.

Equipment included in the sale is as follows-
Ice cream freezer
3 x Chiller display counter fridges
6 x Under counter drinks fridges
Commercial microwave
Marisa coffee machine
Lincat water boiler
Coffee grinder
Jacket potato oven
Pie warmer
2 x Ovens
Hob
Salamander grill
Dishwasher
Fridge
Freezer
2 x Chest freezers
Upright fridge
Upright fridge freezer
Egg fridge
Fixtures and fittings
Tables and chairs
Air conditioning

The property is well secured with a burglar alarm, CCTV and electrical metal shutters on both the front and back door.