£0 £1000000
£0 £1000000

Sold

Well-Established Cafe

Bilston, West Midlands

  • Asking Price: £39,999 +SAV
  • Turnover: Coffee Express And Grill generates an advised current turnover of circa £95,000 per annum.
  • Tenure: Leasehold

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Hilton Smythe are pleased to have been given the opportunity to manage the sale of Coffee Express And Grill which is a well-established business with a renowned reputation amongst local customers.This is a superb opportunity to to take on a busy local business in an area teeming with customers.There has been a food-based business at this location for some years and the current owner has run it as Coffee Express And Grill for the last three years. The business is now being sold, albeit reluctantly and with a heavy heart only due to the owners wish to move abroad and live and work in the Spanish sunshine. The owner is keen to see his well-loved business pass to an ambitious and entrepreneurial new owner who can take this already thriving business to the next level.Coffee Express And Grill prides itself on the quality of its food which is freshly prepared using local ingredients wherever possible. The business offers a comprehensive menu including,• Breakfasts, New Yorker, Subway Special, Vegetarian option • Eggs on toast, fried or scrambled • Hot snacks• Toasties, Paninis And Cold Sandwiches • Hot Sandwiches • American Specials, pulled pork, Turkey and Stuffing cobs much more• Handmade burgers• Hot Dogs• Fries, regular, cheesy or curly• Daily specials • Hot and cold drinks.The business is well known locally for its ‘Eating Challenges’ with such dishes as Burger Monster, Chilli Challenge, The Belly Buster and The Bean Challenge. Customers are able to Win a printed T-shirt, a place on the Wall Of Fame and a cash prize.The sale will include the company website and Facebook page (294 likes at the time of instruction and the business enjoys great visibility on the internet via sites such as Tripadvisor and www.yell.com.Scope To Improve 1. Advertising and marketing campaign 2. Maximise the use of social media 3. Update the existing website 4. Extend the opening hours5. Explore online delivery services from the likes of Hungry House and Just Eat 6. Introduce a sandwich round delivering to local businesses 7. Develop the outside catering side of the business particularly corporate, perhaps supplying business lunches and sandwich platters.Reasons To Buy1. A well-established business with an enviable reputation and many existing customers 2. Prime trading position in in the centre of Bilstons busy shopping area3. Ideal owner managed or partnership business 4. Current owner happy to offer a handover to ensure the continued success 5. All fixtures and fittings included in sale making this a real Turnkey business opportunity 6. Priced to sell, this business values higher but has been priced to facilitate a quick saleHilton Smythe highly advise early viewing to avoid disappointment. This business is likely to attract considerable interest.

The business is run and managed by our client with the help of three part time members of staff.

Monday 9am to 3.30pmTuesday 10am to 3pmWednesday 10am to 3pmThursday 9.30am to 3.30pmFriday 9.30am to 3.30pmSaturday 9.30am to 3.30pm

Coffee Express and Grill is Located in Bilston in the West Midlands.Bilston is a town in the English county of West Midlands, situated in the south eastern corner of the city of Wolverhampton. Historically in Staffordshire, three wards of Wolverhampton City Council cover the town. 21st century developments in Bilston include the South Wolverhampton and Bilston Academy and the adjoining Bert Williams Leisure Centre which form the centrepiece of the towns new Urban Village which is planned to include an eventual total of more than 1,000 new homes.During 1995, the final phase of the Black Country Route between Bilston town centre and Junction 10 of the M6 was completed. This new road has seen a major improvement in the traffic flow around Bilston town centre.Bilston is served by several bus routes at Bilston Bus Station. It is also served by National Express West Midlands Service 79.Coffee Express And Grill is ideally situated in the centre of the main shopping centre of Bilston alongside other complimentary retail businesses both national chains and independents. The shopping centre in Bilston is unusually busy and vibrant and the business thus benefits from really high levels of footfall and passing trade.The business is beautifully presented and maintained with with clear visible signage and distinctive livery. There is a free shoppers Carpark a couple of minutes walk away from the premises.

Coffee Express And Grill occupies two floors of a purpose-built retail unit and briefly comprises;• Café Corner position• Dual aspect with windows to two sides and glazed double doors creating a light airy and inviting Interior• Tiled floor• Suspended ceiling with concealed LED lighting• Bespoke counter to the front of the café with light Oak effect worktop• Laminated menu boards• Glass fronted serve over counter• Open plan kitchen• Extraction system• Stainless steel wall cladding• Ace 8 pot Bain Marie• Griddle• Twin basket fryer • Stainless steel preparation tables • 2 x 4 slot toasters• Panini press• Milk shake maker• Hot chocolate maker• Kenwood microwave• Wall mounted magnetic utensil holders • Till• Frappacino coffee machineSeating AreaTo the rear of the business is a pleasant and generously proportioned seating area, wood effect vinyl flooring, wall mounted TV, feature brick effect wallpaper, beech effect tables and chairs currently providing 28 covers.Wash Up RoomWindow to rear, vinyl non-slip flooring, stainless steel sink and drainer with soap dispenser, run of useful worktops, further smaller inset stainless-steel sink.First FloorPreparation KitchenWindow to front, commercial stainless-steel freezer, glass fronted chiller, washing machine, Russell Hobs fan oven, run of useful worktops, under counter fridge, glass topped chest freezer.OfficeUseful office with window to front and room for a desk and filing cabinets.Staff ToiletsWC with hand wash basin.

Tenure
We are advised that Coffee Express And Grill is being sold as a Leasehold business opportunity. The existing Lease is arranged on a monthly rolling basis, but we are further advised that the landlord would be happy to negotiate a mutually acceptable Lease with a new owner. We are advised the current rent is £12,500 Per Annum which is reasonable given the size and location of the premises.We are advised that the business rates payable are approximately £900 Per Annum.

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