Business for Sale in Wolverhampton, West Midlands - DAYTIME CAFÉ & RESTAURANT IN WOLVERHAMPTON - Leasehold: £60,000
- Catering Businesses: Cafes
- England: West Midlands
- For Sale
- Weekly Sales
- £1,700 Ex Vat
Recently Established Daytime Café & Takeaway
Well Situated in Wolverhampton Busy City Centre
Taking £1,700 per week
Short Trading Hours
Expensively Fitted and Equipped
Leasehold Price £60,000
Description and Trade:
This very attractive Business was established by the present owner in 2016. The Café has been fully refurbished and fitted out to a high standard with all new equipment.
The Business trades during daytime hours only and is closed on Sundays. It is situated in a good trading position just a short distance from the main bus station in the city centre.
Harry’s Cafe has a menu comprising Breakfasts, Lunches, Curries, Jacket Potatoes, Hot and Cold Sandwiches and Drinks, plus other related foods, all for either eating in or taking away.
The Café & Restaurant Area (around 730 sq. ft.) is bright and well fitted & equipped, with a tiled floor.
There is a comprehensive inventory of equipment, including: tables and seating for 35 diners, chilled cabinets, long serving counter, illuminated menu board, bain marie, grill, deep fryer, microwave ovens, fridge & freezer equipment, air extraction canopy, plus other ancillary equipment for the trade.
On the Upper Floor is a secondary Dining Area with tables and seating for a further 22 diners.
Plus Store Room; Office; Wash Room/w.c. and Shower Room.
There is a rear door to a yard with car parking spaces.
There is no living accommodation.
This is a very attractive business with a good local reputation, and is operated by a husband and wife team with the help ofjust one part-time assistant.
The Business has only been trading for a few months, but already takings and profits are at a healthy level.
Our Client Informs Us That:
Takings and Profitability:
Takings are around £1,700 per week. The usual High Gross Profits associated with the trade will apply (estimated to be 65% to 70%).
Monday to Saturday: 8.00am – 2.30pm.
The Premises are held on a 10-year lease from 2016. Present Rent is £14,000 plus VAT per annum, with 5-yearly review dates.
£60,000 plus stock at valuation for the Lease, Business, Fixtures and Fittings.