Sold
Extremely Well Established Cafe For Sale
Tamworth, Staffordshire
- Asking Price: £70,000 +SAV
-
Turnover:
We are advised as per the 2022/2023 financials, the business is projected to generate a turnover in the region of £234,000. Further information can be made available upon request.
Please quote reference B07067
- Tenure: Leasehold
Please quote reference B07067
Hilton Smythe are delighted to welcome to the market The Kitchen Cafe, a thriving cafe business with an excellent reputation.
The business was established by our client in 2009. During that time, the business has built up an excellent reputation and loyal customer base.
The business has now come to the open market due to ill health.
This traditional cafe has proven to be extremely popular within the area, as they were voted the best cafe in Tamworth.
Key selling points -
- Busiest daytime café operation in the area
- Unrivalled customer reviews
- Alcohol license in place
- Voted best café in Tamworth
- Great website/Facebook page
- 360 degree video available to view on Google
- Fixed electricity deal until 2026
- Loyal local office orders
- Look at adding Sunday lunches
- Introduce an online delivery system
- Extend current trading hours
We are advised that the business has 4 staff members.
The business hours are -
Monday – 8:00am to 4:30pm
Tuesday – 8:00am to 4:30pm
Wednesday – 8:00am to 4:30pm
Thursday – 8:00am to 4:30pm
Friday – 8:00am to 4:30pm
Saturday – 8:00am to 4:30pm
Sunday – 9:00am to 3:00pm
The Kitchen Cafe is located on Marmion St in Tamworth.
The business is based in a highly populated residential area, with a good level of passing trade and footfall and is close to the town centre.
The business occupies a double fronted premises, with eye catching signage.
Ground Floor -
- Customer dining area – 40 covers
- Open plane servery counter
- Rear commercial kitchen
- Storage areas
- Toilet facilities
- Currently used for storage
- Pavement terrace seating for 16 with menu display boards
Tenure
We are advised that the business is being sold on a Leasehold basis, with 5 years remaining on the 9 year lease signed in 2018. The rent is £14,000 annum.
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