Rare Opportunity has Arisen to Acquire this unique business. Offers around £169,950

  • Price: £169,950
  • Annual Turnover: £255,000
Birmingham, West Midlands, England
Seller Ref:BSL2311218
For Sale

Rare Opportunity has Arisen to Acquire this unique business. Offers around £169,950

Birmingham, West Midlands, England
Seller Ref:BSL2311218
  • Price: £169,950
  • Annual Turnover: £255,000

Overview

Seller Ref: BSL2311218

Description

A rare opportunity has arisen to acquire this highly regarded establishment in the Kings Heath area of Birmingham. Having featured in numerous TV shows and press articles, it is a superb opportunity for any like-minded person with a passion for quality food and/or cycling, to be part of something quite special.

This unique business is now in its 8th year of trading and has an established a loyal customer base. Home to a quality cafe/bar, bicycle repair workshop, pizzeria, and fee-paying cycle club, it is not just a fantastic business opportunity, but also a chance to be part of a thriving community.

The business is entered from the high street to a well presented cafe, with a generous south-facing outdoor seating area. The service counter offers barista coffee and a wide range of award winning craft ales, alongside its highly regarded brunch and lunch menu.

Upstairs is a well fitted commercial kitchen and fully equipped bicycle repair workshop. The workshop is kitted out to a high standard and has a significant customer base of the club and wider cycling community of South Birmingham.

Outside of the main building is a customised container, fitted to a very high standard as a pizzeria with all principle equipment included. This could be operated by the ownership or could provide an additional rental revenue stream of £660-700 PCM.

Cafe – 180k P/A
Workshop – 65k P/A
Ancillary – memberships, kit events etc – 8-10k p/a

Annual sales circa £255k

This business presents excellent opportunities for growth – via its diverse revenue streams across its food, workshop and membership base.

Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is stock included:
NA

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