Garden Centre & Cafe in East Devon - Popular Destination Business with Wide Reach
Colyton, Devon
- Status
FOR SALE
- Date Submitted:
24/11/22
- Advert ID
504240
- Reference
X035420N / Rightbiz
- Call Agent:
- Leasehold: £79,999
- Turnover: £236,078 (£4,540 Per week)
- Net Profit: Not Applicable
Business Details
GARDEN CENTRE & CAFE
Popular GARDEN CENTRE & CAFE, attractive EAST DEVON town, relatively unopposed in the immediate area, proving a destination business, attracting customers from wide catchment area along with visitors to the area, in addition to enjoying regular trade from the surrounding residential community, the café proving particularly popular as a meeting place and continuing to grow.
Attractive well-presented and organised site, the subject of recent building investment in the region of £35,000 by the current owner. Main retail and café building with kitchen and office, additional garden supplies retail building, stores, customer cloakrooms, alfresco dining area, outside plant display areas, and car park. Enjoys favourable overheads, rent just over £150 per week, and receives 100% business rate relief.
An established 20+ year business, the subject of considerable development and improvement by the current owner, still offers further opportunities through additional retail lines to include Farm Shop food items, increased opening hours, obtaining of alcohol licence. Sales 2023 £236,078 ex Vat, split £126,629 ex Vat Garden Centre, and £109,449 ex Vat Café, combined Gross Profit £127,822, offers rare opportunity for new owners.
Leasehold £79,999 sav Ref: X/TR35420N
VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01404 813762.
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Listing Statistics
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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