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Business for sale in United Kingdom - 8755b birmingham lh 29000 caf /takeaway & sandwich bar

Asking Price: 29,000 £ Real Estate: Lease
Business for sale – 8755b birmingham l\h£29000 cafÉ/takeaway & sandwich bar
Sales Revenue: 61,000 £
Net Profit: 1 £
Year Established: 2004
Employees: 2FT
# of family members employed: 1FT
Location criteria:
United Kingdom/City and Borough of Birmingham/Birmingham

Business types:

Accommodation & Food services

Business categories:

Coffee Shops & Cafes

Business description

THE BUSINESS Advent Business Sales have been instructed to offer for sale this popular sandwich bar and caf with excellent further potential. Established four years ago by the vendor it is now reluctantly offered for sale due to the vendor s concentration on personal commitments. Currently staffed by the vendor plus two full time members of staff, the business offers a good range of hot and cold foods and drinks which are normally associated with such businesses. The business is decorated to a good standard and includes a 20 cover separate caf area with the sandwich bar area, equipped to a high standard including: Grills Fryer Sandwich maker Toaster 2 pot bain marie Hot cupboard Microwave Oven Cooker Stainless steel chiller Selection of fridges Full extraction system The majority of business is walk in with a good proportion of sales generated through regular phone orders with a good delivery service offered covering an approximate five mile radius. The business also benefits from contracts with local companies for lunches and buffets etc. TRADING HOURS Mon Fri: 7am 2pm Sat: 8am 12 noon EXPANSION POTENTIAL There is excellent potential for growth and expansion including further marketing to local businesses to increase the lunch time trade in addition to regular leaflet drops. The vendor is willing to negotiate with any potential purchaser the delivery vehicle, as this would be a further benefit to any new owner. FINANCIAL INFORMATION We have been advised by the vendor of the following: Annual sales: 61,000 Gross Profit: 48% Accounts will be made available to interested parties after a viewing has taken place. Please let us know if you require finance for the purchase of a business. BUSINESS PREMISES A single storey ground floor unit ideally located on a busy industrial estate, decorated and equipped to a good standard throughout and consisting of the following: Ground Floor Main entrance door leading to caf area 20 cover seating area with table and chairs servery and counter (till area) Fully equipped commercial kitchen Rear w/c Office External Parking for 3 vehicles TENURE: Rented no lease Rent: 6,300 per annum We are advised that the annual business rates are currently: 664

Additional information

Additional information: Not Disclosed
Support & training: Not Disclosed
Reasons for selling: personal commitments.
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: Rented – no lease Rent: £6,300 per annum We are advised that the annual business rates are currently: £664
Location: LOCATION The business occupies a prime location situated on a busy industrial estate close to the busy M6 junction 6 in Birmingham. There are high levels of passing traffic and excellent parking facilities with free parking in and around the estate. ASKING PRICE: LEASEHOLD: £29,000 + SAV + VEHICLE

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