FOR SALE
25/01/22
289442
BB5135 / Rightbiz
Overview:
For sale is a well established and well known café business in Leeds that is currently closed. This business has been trading since 2001 and is now on the market as the new owner also runs a 2nd café across the other side of Leeds.
The business is located in a perfect position and is surrounded by a vast number of businesses.
Annual Turnover: £0 Net profit: £TBC
Tenure: Leasehold Business Established: 2001
Business Sale Description:
New to the market, is this well established but currently CLOSED café that has built up a fantastic reputation and a loyal customer base over the years, it's a great opportunity for any buyer looking for an existing, successful business to walk into.
This is a café that is well regarded in the community, and looking for a new owner who can expand on the fantastic foundations the current owners have put in place.
After 20 years of good trading, the seller is now looking to move this business on. It is in an ideal trading position being next to not only the bus station in Pudsey, Leeds but surrounded by a post office, library, pub among other shops. It is also on the border of a very popular park that has a high footfall in summer periods.
There is seating for 35 customers inside and space for 4 tables outside .The rent is £ 7800 per annum with nil business rates. The business holds a further 5 years on its current lease.
A new owner could look to develop the business further through additional marketing and promoting special offers to gain more customers. The business does limited advertising and has achieved much of its success through its reputation for excellence. Through increased advertising via social media and online platforms the business could boost exposure to its services and effectively attract more customers.
The business is held on a 10 year lease of which 7 years are remaining. Ideally situated in a prime location, the business premises benefit from high levels of footfall and passing trade. The current owner is happy to have a discussion about a potential transitional period.
Sensibly priced for genuine sale with lease & early viewing strongly advised
Key Features of This Business:
Excellent Reputation;
Well Equipped Premise;
Loyal Custom Base;
Huge Growth Potential;
Variety of Services or Products;
Room to Expand
Key Business Information:
Onsite Parking
City Centre Location
Close to Local Businesses
Close To Schools
High Street Location
Potential Growth Opportunities:
This is an ideal purchase for anyone who wants to run a cafe that is ideally positioned and would suit anyone who can work hard as a working owner. The business would majorly benefit from
Fresh new ideas ,and committed staff to assist the new owner.
Vendor Open To a Transition Period: YES
Business Sector Type: Food & Catering
Are Company Accounts Available: YES
Management Structure For Business: Run by owner
Business Sale Asking Price:
£19,500
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.
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.
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