Property

Established Wolverhampton Cafe Hungry Hemmings Cafe

West Midlands - Wolverhampton

Full Description:

Unique Business Broker is pleased to be working with the owner of Hungry Hemmings Cafe on the sale of the business.

Established by the current owner over 5 years ago, Hungry Hemmings Cafe has been supplying diners with fantastic freshly cooked products to eat in or take out.

Situated on the busy Bushbury Lane, Wolverhampton, this cracking well fitted out cafe can cater for 18 covers inside with a further couple of tables outside with the weather permitting.

The cafe operates with 2 staff on an A3 & A5 License, and at weekend’s extends to 3 as a driver is required for deliveries etc.

We understand that there is 7 1/2 years remaining on a 10-year lease at a cost of £170 P/W with no rates.

Current turnover is circa £2400 with £900 profit.

This really is a fantastic example of a Famous British Cafe and first to see will buy!

Please call or email for further details and to arrange a viewing. Please DO NOT contact the owner directly as staff do not know!

 

Key Features:

  • Established Business
  • Great Town Centre location
  • Adjacent to Multiple Retailers
  • Fully Fitted
  • Accounts Available
  • Offers Invited

Tenure, Rent and Rates:

  • Tenure: Leasehold
  • Rent: £8,840
  • Rates: Small Business Relief

Key Financials:

  • Asking Price: £27,500
  • Annual Turnover: £124,000
  • Annual Net Profit: £42,000
Reference: UNI878
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