Established Somerset Coffee Lounge for Sale, Owner Retiring
Undisclosed, Somerset
- Status
FOR SALE
- Date Submitted:
02/05/21
- Advert ID
275966
- Leasehold: Price on Application (Stock at valuation)
- Turnover: N/A
- Net Profit: On request
Key Features
- Established Business
- Small Business
- Town Centre location
- Retirement Sale
Business Details
Leasehold coffee lounge for sale in Somerset
Well established coffee shop in the centre of a busy market town in Somerset, Run by the current owner since 1994 who due to health issues is looking to retire.
The falling turnover/profits of the last few years reflect the inability of the owner to input the demands needed to run this very popular coffee shop.
Plenty of scope to increase trading hours and bring in more business with takeaway, online ordering and increasing social media presence, etc.
Very loyal regular customer base with increased sales during summer months and Christmas.
Excellent small team of part time staff who will be invaluable to any new owner.
Website
Listing Statistics
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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.
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