Busy Café in good location - Hilton Smythe
£0 £1000000
£0 £1000000

Sold

Busy Café in good location

Wolverhampton, West Midlands

  • Asking Price: £29,950 +SAV
  • Turnover: According to the 2015/16 accounts the business reports a generous turnover of £68,000 with gross profit at 60%.
  • Tenure: Leasehold

< 1-3 >

Enlarge

CoGoGo welcomes to the market Upper Crust Café. Established in 1995, the business has been successfully run and managed by our client since inception in 2016. Revenue is derived from the sale of hot and cold daily prepared dishes including breakfasts, burgers, toasted sandwiches, sandwiches and daily specials to either sit in or take away. This busy café is in a great trading position seeing regular custom and further benefiting from passing trade. According to the 2015/16 accounts the business reports a generous turnover of £68,000 with gross profit at 60%. The café is bright and airy, spotlessly clean and provides seating for 12 covers, with an additional breakfast bar area allowing further seating. The business is well known in the area and is well known for the low pricing structure, cleanliness and very friendly staff. The café has a presence on social media, which we believe a new owner should make more use of by posting regular features and updates to promote the assets of the business. Also, a modest marketing campaign, perhaps leaflet drops in the area or introduce a delivery service would generate new business. Early viewing of this “turn key” business is highly recommended, which genuinely comes to the market due to our client’s other business interests.

The business is owner run and managed with the assistance of 2 full time members of staff.

The business opens: - Monday to Saturday 7.00am – 2.00pm

The business sits within a busy commercial and retail area of Wolverhampton, West Midlands. Upper Crust occupies a prominent trading position on the heavily used Dudley Road, a busy commuter road leading into the city. The area sees a high and consistent footfall and the business sits on a busy bus route, with a bus stop within easy walking distance. There is layby street parking directly to the front. This vibrant city has excellent public transport links with a mainline railway station and is easily accessible from the M6 motorway.

Corner premise briefly comprising: - Single door entry with good signage above. The main dining area is well lit and has 12 covers with a further breakfast bar area providing additional seating. The floor and walls are tiled Chilled serve over counter with open plan kitchen area behind. The kitchen has the following equipment included in the sale: Salad well/drinks chiller, 2 freezers, 1 upright fridge, 2 microwaves, 2 toasters, 1 four pot Bain Marie, 2 small fryers, preparation table, water heater, 1 hot plate, 1 freestanding cooker. The kitchen has a sink unit with drainer and storage beneath. Storage room with cupboard and boiler. Toilet facilities. Rear access.

Tenure
We are advised leaseholdThe original lease length is 5 yearsAs of 2016, 4 years and 9 months remain on the lease.Rent is £6000 per annum.

Find your dream business

    Sales Negotiator Photo

    Declan Bottomley

    Sales Negotiator

    Need help to find your dream business?

    Our buyer matching service can help, sign up today.

    Similar Businesses For Sale
    • 12

      Extremely Well Established Cafe Business For Sale

      Fleetwood, Lancashire

      £395,000 +SAV

      Discover Business
    • 3

      Well Established Sandwich Bar / Café For Sale

      Liverpool, Merseyside

      £359,995 +SAV

      Discover Business
    • 6

      Extremely Well Established Cafe For Sale

      Knutsford, Cheshire

      £319,995 +SAV

      Discover Business

    12

    Extremely Well Established Cafe Business For Sale

    Fleetwood, Lancashire

    £395,000 +SAV

    Discover Business

    3

    Well Established Sandwich Bar / Café For Sale

    Liverpool, Merseyside

    £359,995 +SAV

    Discover Business

    6

    Extremely Well Established Cafe For Sale

    Knutsford, Cheshire

    £319,995 +SAV

    Discover Business

    Popular business searches in the UK