POPULAR CAFE IN BOGNOR REGIS, WEST SUSSEX
Bognor Regis, West Sussex
- Status
SOLD / WITHDRAWN
- Date Submitted:
25/04/22
- Advert ID
294239
- Reference
C35158T / Rightbiz
- Call Agent:
- Leasehold: £69,500
- Turnover: On request
- Net Profit: On request
Key Features
- Established Business
- Price Reduced
- Small Business
- Close to Local Amenities
- Accounts Available
- Fully Fitted
- Retirement Sale
Business Details
POPULAR CAFE IN BOGNOR REGIS, WEST SUSSEX
Located in the busy town centre of Bognor Regis in West Sussex, this successful cafe has been in the same hands for more than 25 years and has been operating from the current premises since 2009. Currently run by the owner together with 5 part-time employees, the business is now for sale only due to retirement.
The café has built an excellent reputation over the years, well-known in the local area and with many outstanding online reviews. There is seating for 32 customers along with a fully equipped kitchen to the rear. All business equipment is included in the sale price. Opening hours are Monday to Saturday: 6.00am – 2.30pm. The straightforward menu includes all-day breakfasts, jacket potatoes, pasties, hot lunches, rolls and sandwiches along with an assortment of desserts and a selection of hot and cold drinks.
We understand that takings are currently in the region of £4,000 per week. Already a profitable business, new owners might seek to increase sales through extending the trading hours and the introduction of outside catering and/or a delivery service.A new 10-year lease will be available to new owners of the business with an initial annual rent of approximately £9,500 – £10,000 per annum.
LEASEHOLD £69,500 REF: C35158T
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Advert pending deletion
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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