Thriving Wigan Cafe/Bakery with Online Following and Prime Location for Sale
Wigan, Manchester
- Status
FOR SALE
- Date Submitted:
31/01/23
- Advert ID
507516
- Leasehold: £20,000
- Rent: £6,000
- Turnover: £61,000 (£1,173 Per week)
- Net Profit: £25,000 (41% Profit margin)
Key Features
- Unique Business
- Accounts Available
- Close to Local Amenities
- Small Business
- Established Business
- Fully Fitted
- Offers Invited
- Attractive Business
Business Details
Busy little cafe bakery with large online customer base and great location
We are a small independent coffee shop serving brunch and selling baked goods.
We have a great online following that was built up from the bakery side of the business which has since developed into a fully fledged coffee shop serving a unique menu both on takeaway and dine in.
Customers are always eager to keep up to date with our latest bakery items, these include but are not limited to brownies, blondies, cookies, cheesecakes.
A large portion of our income comes from delivery platforms which we have great reviews and a strong regual customer base.
There is potential to develop the menu further both in terms of hot food and baked goods.
We also hold a competitive place in the dessert business due to our products being homemade. We have a dedicated account on our delivery platform just for desserts so there is potential to develop that area further should you wish.
We currently rent our property which is located on a busy street with a high footfall and lots of passing traffic. The rent is currently only £500 pcm, with three years left on the lease, so extremely reasonable for the area.
We are looking to relocate due to family matters and since the business has such a good following in the Wigan area it makes more sense to sell to someone looking to get into the market.
The business was started at home and has has continuously made a profit from day one, there was never an initial investment but rather was grown over a prolonged period of time. The business turns over nicely as it is but should someone be interested in investing the potential is endless.
We have a five star food hygiene rating recieved last year meaning we are not due another routine visit for another year.
Equipment included:
-commercial ice cream display freezer.
-large tempered glass display cabinet.
-display fridge.
-stylish tables and chairs including two boutique window seats.
-commercial waffle machine.
-commercial griddle.
-domestic blenders (commercial one with a part in need of repair)
-convection oven.
-2 fridge/freezers.
-1 chest freezer.
-sum up machine linked to iPad with a cash drawer.
-mixer.
-ingredients storage.
-extraction fan ventilation system.
-undercounted storage with stock.
-stainless steel counter tops.
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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.'.
Stay Safe
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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