Cafe With (A3) In Shirley

This outstanding concern is located on a busy parade of shops in Shirley, Solihull. Its close to the train station and is surrounded by residential properties and complementary businesses so enjoys high footfall due to its prominent location.

Business information
Asking Price: £44,950 plus SAV
Turnover: £100,000
GP: 73%
Stock: £500

Leasehold
Original term: 20 years
Remaining: 17 ½ years
Rent: £12,500 pa
Rates: £ 4,480 pa

Business Description
Veritas Business Sales are delighted to offer for sale this respected Cafe concern which is located in Shirley. The business has been established for over 4 years and has been in the careful hand of my clients for the last 2 ½ years and is reluctantly being offered for sale due to the fact that they are emigrating. Since ownership they have continually invested in new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The business is owner operated and requires the help of 5 casual members of staff and year end figures for 2014-2015 shows an annual turnover of £70,714 with a GP of 73%. Since then they have introduced Just Eat which has increased trade and the forecast turnover for the year will be circa £100K. The cafe serves a fine selection of freshly prepared breakfasts, hot & cold sandwiches, baguettes, jacket potatoes, soups, hot daily specials, teas, coffees, and cold drinks, all of which are freshly prepared on site using only the finest produce and can be eaten in or taken away. We believe that there is further potential to increase trade by expanding on the opening hours, maybe opening evenings as a bistro and adding outside catering. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established business which is a great base to build upon and as such early viewing is highly recommended as this business is not to be missed.
Opening Hours
Monday & Tuesday – 8.00am – 2.00pm
Wednesday – Closed Thursday & Friday – 8.00am – 2.00pm
Saturday & Sunday – 8.30am – 2.00pm

Ground Floor
Cafe comprising: seating for (40), sales counter with cash register, serve over chilled display counter, drinks cooler, upright fridge, toaster, commercial microwave, domestic microwave, 6 burner range/oven, griddle, 3 pot wet bain-marie, coffee machine, sink, dishwasher, small freezer and extractor hood.
Preparation room with: sink drainer, convector oven, grill and work surfaces with commercial tin
W/C and wash

External
Rear yard area with owners parking for (1) Frontage with external seating for (4) and free customer parking