Total of 18810 firms and businesses for sale today Sunday 27th May 2018
Time to Sell Your Business? List your Business for Sale with www.firmsforsale.co.uk. Login now!
Finance And Services:

Business For Sale. Licensed Cafe/coffee Bar & Eatery City Centre, Birmingham

LISTING DETAILS
Firms For Sale ID:
34613
Vendor reference:
AC353
Vendor website:
     
Printer Friendly
      
Contact Seller
      
Goto Website
More Like This
      
Email Search
      
Add Notes
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£120,000  
Turnover / revenue:
£196,000
Net profit / cashflow:
Undisclosed
Years established:
2013
Number of employees:
1
Employees / staffing:
The owners, a husband and wife team run the business. They also employ one part time member of staff. This is a lifestyle business operation for them.

OTHER DETAILS
Reason for selling:
The vendors are looking to pursue an overseas opportunity that has arisen hence the sale.
Support and training:
The owner will provide full business familiarisation, training and handover to ensure a smooth transition of the business to new owners.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
Image Not Found
 
 
 
Image Not Found
BUSINESS DESCRIPTION
Licensed Cafe/Coffee Bar & Eatery City Centre, Birmingham
Ref. AC353
Location : Birmingham, Business District
Asking Price : GBP 120,000
This young and vibrant cafe bar was established almost 3 years ago by the curent vendors and in that time it has established itself as a destinatiuon of choice for workers within the vibrant business district of the UKs second city.
The business is a cafe Bar that opens at 7am through to 4pm Monday to Friday. Throughout the day they cater for the business & finance sector of Birmingham.
The cafe has the benefit of 60 covers internally and a further 8 covers externally and is fully equipped with recently purchased, new furniture, fixtures and fittings and equipment. Currently it is run by the owners with some additional part time support. The business offers cooked breakfasts, hot lunches and snacks. In addition a full deli style food service is provided for both eat in and take away.. Hot beverages are also a stable of the business and it has a reputation for serving high quality coffees, a must in todays world.
As well as offering a fantastic sit down service the business can also offer Outside Catering, Venue Hire, as well as generating revenue from the carefully selected contemporary Art Gallery that hangs on the interior walls!
Being located in a period building with excellent frontage on one of Birminghams prominent city centre locations, the business benefits from a constant level of trade throughout the day, lunchtime being their busiest period.
The wish to concentrate on other activities creates a rare opportunity for a new owner to take this growing but solid business on to the next level. There are considerable opportunities for expanding the business locally with an excellent level of turnover having already been achieved. As this is still early in the growth of the business there is still huge potential for the future.

Expansion Potential
Having been in operation for a relatively short period of time there is no doubt the benefits of opening this business have yet to be fully realised in turnover and profitability. With increasing demand, combined with a capacity to increase turnover, a new owner contributing fresh ideas and energy will have every advantage of building on an excellent platform.

Market / Competition / Non-Competition Agreements
Much of the business s revenue is a result of passing trade or word of mouth recommendation, bearing strong testimony to the excellent reputation enjoyed by the business since its inception. As there is currently little, if any, advertising the owner is aware that a more active sales and marketing campaign could certainly improve sales and profitability and will increase its market exposure and revenues.

The business does have an informative website and this could be further utilised should a new owner so wish to take online ordering etc.