Retirement Sale - Thriving Cafe in Helensburgh Argyll & Bute with High Footfall & Profitability
Helensburgh, Argyll and Bute
- Status
FOR SALE
- Date Submitted:
26/11/21
- Advert ID
286630
- Leasehold: £59,950 (Stock at valuation)
- Rent: £5,880
- Turnover: £150,000 (£2,885 Per week)
- Net Profit: £50,000 (34% Profit margin)
Key Features
- Accounts Available
- Small Business
- Attractive Business
- Town Centre location
- High Turnover
- Central Position in Affluent Village
- Established Business
- Close to Local Amenities
- Retirement Sale
- Adjacent to Multiple Retailers
- Prime Location
Business Details
Retirement Sale Popular and Highly profitable Cafe in Helensburgh Argyll & Bute
Cafe and spacious cafe for sale
It is an excellent opportunity to acquire a spacious café and bistro.
The cafe has a complete class three hot food consent in a prime high footfall location. The premises are in a bright, visible unit located in the affluent town of Helensburgh.
It is only a 20-minute drive from Glasgow on Scotlands west coast.
The café has been under the same ownership for seven years and is highly profitable. It has excellent growth potential through evening opening, takeaway sales, and the development of outside catering.
The sales currently average £3,000 - £4,000 ex VAT per week.
The sale price includes all equipment, fixtures, and fittings.
Further financial information can be made available to seriously interested parties after viewing.
Opening hours:-
The current hours are 9 am - 5 pm, Monday to Saturday.
The Sunday timings are 10 am - 4 pm.
The unit has an open plan with spacious serving and seating areas. There is a commercial kitchen, dishwashing area, ample storage, and toilet.
Tenure: Leasehold
Rent: £5880 per annum.
The current lease runs until 2029.
The rateable value is £6000.
It qualifies for 100% rate relief so, no rates are payable.
Staffing: The owner, one full-time staff and five part-time staff.
Get in touch for more information.
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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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