Business
Please quote reference B08284
CoGoGo is delighted to present this incredible opportunity to acquire Luxurious, a well-established and highly regarded restaurant and dessert shop in the heart of Birmingham.
Established in 2022, Luxurious has quickly built up a strong reputation for offering high-quality meals, indulgent desserts, and exceptional service. Our client is now looking to sell this profitable business to pursue other ventures, leaving an excellent opportunity for a new owner to capitalise on the growing success of the brand.
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Key Features:
- Established in 2022
- 40 Indoor Covers
- Ground Floor Usage
- Alcohol License
- High Footfall Location
- UberEats Partnership
- Outside Catering Services
- Assets Valued at £75,000
Growth Opportunities:
- Expanding Delivery Platforms: Currently, the business only uses Uber Eats for online orders. Expanding to other popular platforms such as Deliveroo or Just Eat could significantly increase the business’s online sales and reach new customers.
- Maximising Outdoor Space: The property features storage space at the side, which could be rented out or converted into additional seating, a takeaway kiosk, or a dedicated dessert counter to enhance footfall and customer engagement.
- Social Media Marketing: Investing in a targeted digital marketing strategy, including social media and Google Ads, could enhance the brand’s visibility, attract more customers, and drive growth in both dine-in and delivery orders.
- Event Hosting: Given the business’s alcohol license and stylish, modern interior, hosting events such as wine tastings, dessert nights, or private functions could attract new customers and create repeat business.
- Extended Operating Hours: Currently operating within standard hours, opening earlier or breakfast or extending the evening hours could tap into different markets and boost revenue.
Located in a vibrant area with high footfall, Luxurious is ideally positioned to attract both residents and tourists. The surrounding neighbourhood is home to a variety of retail shops and entertainment venues ensuring steady traffic throughout the day.
With a solid foundation already in place, Luxurious offers a turn-key opportunity for an aspiring entrepreneur or an experienced operator to take over a profitable, well-loved establishment. The business’s modern design, strong reputation, and prime location make it an attractive option, with plenty of scope for future growth.
This is a rare opportunity to acquire a successful restaurant and dessert shop in a highly desirable area of Birmingham – Don’t miss out!
Location
Luxurious is currently located in Birmingham.
Premises
The entire business operated from the ground floor, ensuring easy access for customers and staff alike. The restaurant comfortably accommodates up to 40 diners indoors, providing an intimate yet spacious dining experience for guests.
Tenure
This opportunity is being sold on a Leasehold basis with 6 years remaining on the lease.
The current rent is £1,700 per month.
A new lease will be offered.
Hours
The current operating hours are:
Monday to Sunday – 9:00 am to 1:30 pm & 7:00 pm to 9:30 pm
They hold an alcohol license from between 9 am to 10 pm.
Staff
This business is run and managed by our client with the help of 4 staff members.
Financial Profile
This business generated a turnover of £192,000. Full financials can be made available upon further request.
