Business for Sale in Kidderminster, Worcestershire - BUSY COFFEE SHOP IN KIDDERMINSTER TOWN CENTRE - Leasehold: £150,000

Key Information

Ref
C33767K
Type
Food Service Businesses: Coffee Shops
Location
England: Worcestershire
Tenure
Leasehold
Status
For Sale
Annual Sales
£234,000 Inc Vat
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Prominent Trading Location

Spacious Premises

Superbly Presented & Fitted

Staff Operated

Taking Around £234,000 Per Annum

High Profit Margins

Leasehold Price £150,000

Description and Trade:

Having a very desirable trading location in a pedestrianised area in Kidderminster Town Centre and operating from spacious premises spread over three floors.

As well as a good range of coffees, chocolate drinks and teas the business also offers an easy to prepare range of snack foods i.e. sandwiches, jackets, cakes etc.

Premises:

The attractively presented Seating Areas are on the ground and first floors with seating for around 60 persons (plus outside seating area). It is fitted out to a very high standard and is modern but with a quirky (in a nice way) display of memorabilia etc. scattered around.

On the second floor is a Stock Room/Staff Room and separate male and female w.c. facilities.

Accommodation:

There is no living accommodation.

Comments:

An excellent Town Centre business that is completely staff operated due to the owner’s other business interests, so scope obviously exists for an owner/operator. There is also scope to open on Sunday. The business has very good online customer reviews on Trip Adviser etc. The owner is willing to offer full training to any purchaser.

Our Client Informs Us That:

Takings and Profitability:

Taking around £234,000 per annum with a high gross profit margin of about 75%.

Trading Hours:

8.00am – 5.00pm Monday to Saturday

Closed Sunday

Staff:

Six staff are employed but this could be reduced if an owner/operator was present.

Tenure:

Leasehold. Held on a 10 year renewable lease, with 5 yearly review, at a present very realistic rent of £10,000 per annum.

Price:

£150,000 plus stock at valuation for the lease, business, fixtures and fittings.

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