Sold
Long-Established Sandwich and Coffee shop In Wolverhampton
Wolverhampton, West Midlands
- Asking Price: £24,950
- Turnover: Deli fusion generated an advised turnover of circa £72,157 as of the 2016 accounts, with a gross profit of £45,768.
- Tenure: Leasehold
Hilton Smythe is delighted to welcome to the market Deli Fusion, this long-established café was established over 10 years ago and has been in our client’s careful hands since 2015. The business is only now being offered to the market due to our client’s desire to take a well-deserved retirement. The business is open 6 days a week and generates a fantastic turnover in the region of £72,000 per annum with a gross profit of approximately £45,000. Deli Fusion is a well-established Café/Deli which has a vast loyal and repeat customer base. Our client has maintained a fantastic reputation with the customers over the many years he has run the business. The shop sells a range of breakfast boxes, sandwiches, salad bowls, daily specials, hot food to take away such as chilli and curry, and a range of cakes. Jacket potatoes with various fillings are also available. All at excellent competitive prices.This is a tremendous opportunity to own this highly desirable business, therefore an early viewing must come highly recommended to avoid disappointment.
The business is run and managed by our clients with part time help of a family member.
HoursMonday 8am–4pmTuesday 8am–4pmWednesday 8am–4pmThursday 8am–4pmFriday 8am–4pmSaturday 8am–2pmSunday Closed
The business is based in Wolverhampton which is a city and metropolitan borough in the West Midlands with a population of approximately 250,000 people.Wolverhampton is close to several motorways with four being located within 7 miles of the city centre and being 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 premises comprise excellent business accommodation which is well maintained throughout.On entering the shop through glass frontage, the main store is well set out with the till and counter to one side. Fridges and freezers surround the store and into the back of the shop is a dedicated delicatessen area. There is room to queue and it is set up in a way that you can see the offerings clearly. The assets within the property are substantial and include everything expected to run a fully functioning delicatessen/cafe.1 x 6ft Refrigerated counter1 x 5ft Refrigerated counter1 x 3ft Stainless steel prep station1 x 4ft Stainless steel refrigerated prep station1 x Jura electronic bean coffee machine1 x Electronic till2 x Microwave ovens1 x Beko undercounter freezer1 x Cougard bain marie1 x Pannini press1 x 4 Slice commercial toaster1 x Heated pie cabinet1 x Double griddle1 x blueseal commercial oven1 x Bush larder fridge1 x 5ft Chest freezer1 x Hunters pie press and dies1 x Andrew james mixer1 x 2 hotplate portable stove1 x 4ft wooden bench1 x 2ft wooden benchVarious cooking utensilsVarious crockeryVarious baking traysVarious cutleryVarious serving dishes2 Eating tables4 Stools2 Advertising boards
Tenure
We are advised the business is being sold as a Leasehold.Original lease length: 10 years.Remaining lease length: 6 years as of 2018.Review period: 5 years.Rent: £13,500 per annum.Hilton Smythe are advised the business doesn’t pay business rates.