High-Standard, Well-Established Coffee Shop in Affluent South East Area Up for Sale
Undisclosed
- Status
FOR SALE
- Date Submitted:
24/12/23
- Advert ID
604329
- Reference
GO2332 / Rightbiz
- Call Agent:
- Leasehold: £65,000 (Stock at valuation)
- Turnover: £78,000 (£1,500 Per week)
- Net Profit: £20,000 (26% Profit margin)
Key Features
- Established Business
- Small Business
- Fully Fitted
- Prime Location
- Attractive Business
- Accounts Available
Business Details
Established Coffee Shop completed to a high standard in an affluent area in the South East
Coffee Shop
Turnover circa: £78k
Net Profit circa: £20k
BUSINESS SUMMARY
• Location: South East, UK
• Established: 2019
• Type of Business: Coffee Shop
Business Description
This coffee shop is a popular, family-run coffee shop/restaurant located in the South East of the UK and known for its high quality and traditional food and drink, the establishment is a firm favourite among both locals and visitors to the area with the benefit of being in a modern leasehold premises on a busy residential housing estate, along a parade of local shops.
Product/Service Offerings
• Tea & Coffee: Fresh ground coffee with filtered water and a wide selection of national and international teas.
• Cold Drinks: A range of cold drinks.
• Hot & Cold Sandwiches: A range of sandwiches available throughout the day which are freshly prepared in store.
• Cooked Breakfast: Cooked breakfasts available, cooked to customers preferred requirements.
• Desserts: A range of home-made and locally produced desserts.
• Takeaway & Delivery: Working with delivery partners the business caters for walk in, telephone and delivery orders.
Financial Overview
• Gross Revenue: £74,000
• Net Profit: £20,000
Key Achievements
• Reviews:
4.9 star rating on 'Google Reviews'
5.0 star rating on 'Facebook’
• Loyal Customers: Regular, repeat customer base provides ongoing consistent revenue.
• Hygiene Awards: Rated 5-star hygiene by the Food Standards Agency.
Expansion Opportunities
• Delivery: Implementing a delivery service to cater to the increasing demand for at-home dining through directly employed staff to compliment food app orders.
• Catering: Catering services for events, parties, and corporate lunches.
• New Menu Items: Introducing more vegan and gluten-free options to cater to a wider audience.
• Website Development: The business attracts custom through delivery partner apps, local reputation and passing trade, however there is an opportunity to develop and implement a dedicated website with ordering capabilities for click and collect and/or deliveries.
PREMESIS
The premises is a ground floor retail unit on an extremely busy residential estate parade of retail shops. The premises is available by way of a lease assignment.
The vendor has made significant improvements to the property over the years and introduced new catering equipment and furnishings which offer a warm and welcoming environment for customers and requires no further investment from an incoming operator who can capitalise on the extensive fit out to date.
Viewing is essential to appreciate the quality of the business on offer.
FINANCIAL INFORMATION
Detailed financial statements and information is available upon request.
FURTHER INFORMTAION
Further information is available by speaking with the us and viewings are strictly by appointment only.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
Stay Safe
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
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
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 amount 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.
Stay Safe
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.
Be safe, use a Rightbiz Solicitor
Contact seller
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.
Be safe, use a Rightbiz Solicitor
Get Solicitor
