Offers invited An Award Winning Cafe and Fine Cake, Patisserie Shop in Ideal High Street Location
Undisclosed
- Status
FOR SALE
- Date Submitted:
23/06/20
- Advert ID
260021
- Reference
62394-861139 / Rightbiz
- Call Agent:
- Leasehold: £90,000
- Turnover: £150,000 (£2,885 Per week)
- Net Profit: £76,000 (51% Profit margin)
Business Details
Offers invited An Award Winning Cafe and Fine Cake, Patisserie Shop in Ideal High Street Location
OFFERS INVITED
Perfect location, award winning well kitted busy cafe near main line station. Richmond border. selling due to relocation. Low rent.
Not to be missed..
An award winning, highly successful cafe, patisserie, and local meeting place serving a loyal clientele with a high quality offering at breakfast time and throughout the day. The coffee house has been built up from scratch by the owner who has created the business following a successful hospitality career at a prominent hotel group.
As well as serving a wide range of speciality teas and coffees, the coffee house has a strong reputation for its desserts and pastries using natural and organic ingredients. The business has become a lively meeting place for the local community and passing trade and has a quaint atmosphere. It is an ideal place to pass the time of day with homemade sandwiches, salads, and light meals being served throughout the day.
Weekly revenues are strong and increasing, supported by :-
* Five Star Trip Advisor reviews.
* Prominent on Google searches.
* Strong social media presence.
* Uber Eats take away business thriving ,and Deliveroo is about to become a partner thus driving online sales.
This is an opportunity not to be missed. A business that is well established and set for significant growth.
Asking Price - £90,000K
Potential Down Payment - £70K (subject to qualification)
Seller's Discretionary Earnings - £76K
Annual Revenue - £110K
Property Details: Leasehold
Location: Southwest London
Reason for Sale: Relocation
Facilities: New fully fitted kitchen, fridges, freezers, display fridges, coffee machines, air conditioned.
Business History: Started 6 years ago from scratch, by a 5 stars hotel chef. Very well run with low overhead. Own the brand.
Our View:
This is a highly unusual opportunity to acquire a beautifully presented, extensively refurbished and thriving business with significant future potential in an idyllic location.
Early viewing is very highly recommended.
PLEASE NOTE:
Financing may be available for qualified buyers.
For additional details or to arrange to view the business, please contact Transworld
Business Advisors UK on 44 (0) 1372 540 989 or via email at [email protected]
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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
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