Fast Food Cafe Restaurant in West Midlands For Sale

Situated in a Parade, office and commercial area, BIRMINGHAM, West Midlands.

Turnover £ 3,500
Price £49,500

Features

Well Fitted Cafe Restaurant

6 DAYS OPENING

Ample customer's car parking as there are no parking restrictions in front of shop.

SINGLE FRONTED PREMISES with Tiled floor with suspended ceiling and light panels, sales counter, EPOS till, 2 LED Menu Boards, cool display counter with refrigerated storage section, Tables and chairs providing seating for 24 People, can be expanded.

Kitchen, stainless steel extractor unit, grill, deep fryer (2 pan), additional deep fryer, Cooker (Gas 6-burner), Panini toaster, 2 microwave, 2 fridge, 3 freezer, double sink and drainer.

Stock room.

Staff Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,500 - £4,000 p.w. with a Gross profit of 65% approx. (£800 per week deliveries)

Staff

The business is at present operated by the 2 partners

Trading Hours

6 Day week
MONDAY - FRIDAY 9am - 2pm then 6pm - 11pm
FRIDAY 9am - 12pm then 6pm - 11pm
SATURDAY 6pm - 11pm

Outside

Parking space for 2 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 3 years in 2023 with reviews every 3 years (next review 2026) at a current rent of £18,000 p.a. + VAT

We further understand that the landlord, subject to satisfactory references, is prepared to grant a new lease at terms and rent to be agreed.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2023, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £49,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 24,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote