Profitable Brunch, Coffee & Cocktail Restaurant Group in Prime Locations - Relocatable
Relocatable
- Status
FOR SALE
- Date Submitted:
05/07/22
- Advert ID
298258
- Reference
BMB10622 / Rightbiz
- Call Agent:
- Turnover: £1,400,000 (£26,923 Per week)
- Net Profit: £250,000 (18% Profit margin)
Key Features
- Unique Business
- Attractive Business
- Prime Location
- High Turnover
- Offers Invited
- Company for Sale
- Established Business
- Accounts Available
Business Details
Brunch, Coffee & Cocktail Restaurant Group
Business Overview
BuyMyBiz is exclusively retained to find a purchaser for this profitable restaurant business. For approaching five years, the business has created a reputable brand and grown organically in two prime locations.
Established Business & Brand
There are currently two restaurants operating in cathedral cities located in the South East. The restaurants offer a range of specialist coffees, a brunch menu, as well as cocktails. Covid temporarily put the expansion plans on hold and now there is the opportunity for a new owner to expand the number of sites using this proven business format. Our client has identified a number of locations suitable for the next phase of expansion.
Business Expansion Opportunity
The vendors oversee the business on a day-to-day basis; they are supported by a small team of experienced and capable staff. The vendors are open to a full and mutually agreeable handover period and may consider remaining involved for a longer period to support an acquirer’s expansion plans.
Reason for Sale
Our clients have built a solid and profitable business which is highly regarded locally with an excellent reputation. They are looking to retire and believe the future business would be best realised in the hands of a new entrepreneurial owner or larger business with the experience, enthusiasm and resources to drive the business forward.
The Opportunity
We seek an acquirer with sector experience and resources for this acquisition. Consideration will also be given to new buyers, and buyers with strong market synergies looking for a ‘bolt-on’ that can add value to the existing business.
ü Stable Financially
ü Solid goodwill & reputation
ü Established brand & business process
ü Leasehold Premises
ü Loyal Local Customers
ü Scalable business model
Price
Offers are invited for 100% of the business shares
(All offers to be based on a cash free/ debt free basis)
The Next Steps
On completion of our non-disclosure agreement and supporting information, qualified parties will receive further information on this business. We recommend a meeting with the vendors at the earliest opportunity to avoid disappointment.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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
Do not 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 amount 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
Contact seller
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
Get Solicitor
