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Description

Leasehold: £49,950
Turnover: £208,000
Net Profit: Not Applicable

Murrall’s Diner has been under the careful and meticulous ownership of our client since 2010, building up an excellent reputation with many repeat and loyal customers. Only now has the business been introduced to the market as our client looks to concentrate on other business interests and is keen to see his business pass to a new owner who has the same enthusiasm and drive to take the business forward.

The business offers quality fayre Serving breakfast, brunch, lunch, and coffee, all served in a pleasant and relaxed setting, catering for 28 covers with patrons being able to take advantage of the takeaway service.

We feel there is scope to increase the turnover perhaps with a new owner embarking on a modest marketing campaign to highlight the excellent produce offered, along with further promotion of the dedicated website to help further promote the business, along with offering an outside catering service for private events to help increase the turnover for the business, and extending the opening hours to offer an evening takeaway service.

List of assets included in the sale:

All tables & chairs
Counter units
Lighting
Al fridges and freezers
All operating kitchen equipment which includes:
Chrome griddle
Chargrill
Fryer
Toaster
Rational oven
Blast chiller
Induction hob
Six hob oven
Sinks
Stainless steel fixtures and fittings
Canopy
Plates, cups, cutlery
Heated food gantry
Water tank
Microwaves
Bain marie
Deli counter
Drinks fridges
Prep fridge
TV
Heaters
Barista coffee machine
Countertop water boiler
CCTV system

Very rarely do businesses opportunities like this come to the open market, therefore early viewings are highly recommended.

Location
The business is located on the busy and thriving Timberley Lane area of Castle Bromwich, Birmingham, surrounded by a host of complementary businesses, leading to a good level of footfall, and passing trade. The location further benefits from ample free parking.

Castle Bromwich is well serviced in terms of local amenities including recreational and retail facilities, along with having excellent public transport links.

Premises
The business is located in a ground floor commercial premises, briefly consisting of a main seating area with a mixture of table and chairs, feature service counter with refrigerated deli display counter, EPOS till system, coffee machine and hot plate area. To the rear of the premises is a large commercial kitchen area, with ample stainless steel preparation areas, ample refrigerated and freezer storage, full extraction system, storage, and W/C facilities.

The business has undergone an extensive programme of refurbishment over the last few years and can be found in turnkey condition.

Tenure
We are advised the business is being sold on a Leaseold basis with 10 years remaining on the Lease, the rent is £1080 per month.

Hours
The business trading hours are as followed:

Monday to Saturday - 09:00am - 15:00pm

Sunday - Closed

Staff
The business is run and managed by 4 full time members of staff.

Financial Profile
We are advised the business generated a turnover of circa £200,000, further financial information can be made available upon request.

Pricing
  • Sale Price
    £49,950
  • Revenue
    £208,000
Business Type
Contact

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