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£0 £1000000

Fantastic Coffee and Crepe Business

Wolverhampton, West Midlands

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£24,999 +SAV

Ref: 14152 H

Leasehold

Overview

Delish Coffee and Crepes was founded in 2016 by the current owner when he spotted a gap in the market and is only being sold albeit reluctantly so that the owner can pursue other business interests. The business sells savoury and sweet Crepes, Greek Pasties, home-made cakes and a wide range of coffees, teas and soft drinks. The business has a Facebook page and benefits from great reviews and visibility online. The business has an A3 licence. Scope to Improve Extend the opening hours perhaps opening as a bistro in the evenings Website with online menus etcConsider Just Eat and Hungry House online offeringsAdvertising and marketing campaign Maximise the use of social media Improve the exterior signage perhaps by illuminating (subject to normal planning permissions)Develop the outside catering side of the business.Introduce a loyalty card/scheme. The current owner is keen to see the business passed on to an ambitious new owner who can take it to the next level.

Turnover
The business reports a current turnover of circa £50,000.

The business is owner managed with the help of a part time member of staff and casuals as required.

Monday to Saturday 9.00am-6.30pmSunday 11.00am-4.00pm

Wolverhampton is a city and metropolitan borough in the West Midlands with a population of approximately 250,000. Wolverhampton is near to several motorways with four being located within 7 miles of the city centre and served by the M5, M6, M54 and M6 Toll. Wolverhampton Train Station is today one of the major stations on the West Coast Main line and has regular rail services to London Euston, Birmingham New Street and Manchester Piccadilly as well as most other major cities in the U.K. The business is perfectly situated in the main shopping area of the city alongside other complimentary retail businesses and benefits from high levels of footfall and passing trade. There is on street parking nearby as well as a number of inexpensive public car parks. The business is nicely presented and well signed.

The business is situated in a lovely period property and occupies the ground floor. CaféWindows and glazed door to front creating a light, airy and inviting interior, generously proportioned with the high ceilings making the premises feel even more spacious. Wood effect flooring, coving to ceiling, many original period details, bespoke lighting enhanced by spotlighting with glass fronted drinks chiller. Specially commissioned wall graphics, quality tables and chairs currently providing 42 covers but room for more if required, feature timber menu boards and bespoke timber counter fronting a well-equipped open kitchen. 7 pot salad bar,2 crepe machines, Expos till and card machine, Stylema Coffee machine (leased at no cost provided coffee pods are purchased via the company), Milk shake machine, Coffee grinder, Hand wash basin with Redring water heater,Polar glass washer, Turbofan commercial oven, Twin stainless steel sink and drainer with Triton water heater, Customer ToiletsWith WC and handwash basin.

Tenure
We are advised leasehold with 4 years of the original 5 year term remaining. The rent is a really reasonable £12,000 per annum and we are further advised that the landlord would be happy to negotiate a lease with a new owner. There are no business rates currently payable.

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