Gold & Black Café, Wolverhampton, successfully sold

The Café was established by the vendor three years ago and has since seen rapid development. Offering a sizeable menu including all day breakfasts, sandwiches, pastries, cakes and hot and cold beverages, the business is in a popular location with supporters of the local football club on which the name and  décor is centred around. On top of the main café operation, our client has developed an external catering function, which further increases turnover and develops the profile of the business.

The business is superbly located in the centre of Wolverhampton, neighboured by a range of complementary businesses with very little direct competition. Nearby attractions include two large Shopping Centres, Wolverhampton Train Station and Molineux Football Stadium.

The café benefits from a large number of repeat customers, particularly at lunch times given the number of businesses in the surrounding area.

The business was purchased by private Buyer Balvant Patel who intends to work in the business. Gemma Moss, negotiating, was delighted that the deal was concluded less than 12 months after coming the market.