FOR SALE
12/10/21
284303
BUSY COFFEE SHOP IN WOLSTANTON FOR LEASEHOLD SALE
Prime Location
Established Business A3 use
Fully Fitted and sold as seen, with all equipment, fixtures and fittings included with the sale, which includes professional Fridge, Freezer, Dishwasher, Microwave, Coffee Machine, Tables & Chairs etc
A family-run coffee shop based in Wolstanton, Stoke-on-Trent, is available for sale. We sell all types of coffee, and our instant coffee has a separate fan base. We have no cooking facilities, so all our lunches are prepared freshly like sandwiches, panini's and jacket potatoes all served with a side salad and hand cooked crisps.
Hug’a’Mug prides itself on the quality of its food which is freshly prepared on the premises using local ingredients wherever possible. The menu includes traditional staples such as:
Hot and cold sandwiches
Hot and cold drinks
Jacket Potatoes
Homemade Cheesecakes
Afternoon Teas
Sandwich platters
Cupcakes
Home baked cakes and pastries.
Hug’a’Mug are proud of its 5-star hygiene rating and the business enjoys great visibility on the internet
Reasons to Buy:-
A well-established business with an enviable reputation and many existing customers
All fixtures and fittings included making this a real Turnkey business opportunity
Perfect trading position on a busy main road with loads of footfall
Ideal owner managed or partnership business
The current owner is happy to offer a handover to ensure the continued success
Low running costs with inexpensive rent and no business rates.
The business has worked very well over the year as we go out of our way to make everyone welcome, and you only need to look at our social media pages to see all our reviews.
We have a pavement license whereby we have two tables and four chairs outside. We have a year left in the lease, but there won't be any difficulty renewing it.
Leasehold: £25,000
Annual Rent: £4,500
We have such a good loyal customer base and feel gutted to sell, but I hardly have any choice due to ill health/ retirement. Please note that there is no business rate because it is a small business.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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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