Thriving Cardiff Cafe & Takeaway in Prime Location - Opportunity for Personal Touch
Canton, Cardiff
- Status
FOR SALE
- Date Submitted:
18/09/22
- Advert ID
500460
- Leasehold: £75,000
- Rent: £7,800
- Turnover: £210,000 (£4,038 Per week)
- Net Profit: £25,000 (12% Profit margin)
Key Features
- Fully Fitted
- Established Business
- Small Business
Business Details
Bustling Cafe & Takeaway In Cardiff
If you are looking for an established Cafe/ takeaway premises in a desired Cardiff trading location, one which enjoys existing good sales income but that you could also put your own stamp on, then this could be the one for you!
A long-established Cafe/ takeaway shop in a sought-after Cardiff suburb. Currently trading during daytime hours, thereby offering great scope to develop evening and weekend sales.
With 12 Covers, the business is easily run by the vendor with the help of just two part-time and one full time staff. The business enjoys net sales advised currently of £3,000 per week. The business generates a current turnover of circa £200,000 per annum and the business continues to grow despite the impact of the pandemic.
The business offers both an eat in and take away service. All items are freshly made to order, and the staff are friendly and knowledgeable.
Breakfast, lunch and a catering service are available and there is potential to extend the current opening hours and develop the potentially lucrative corporate buffet side of the business.
The current owner has established a good social media following, offers home delivery of the menu through its own website as well as delivery platforms such as Deliveroo, Uber-Eats and Just-Eat, proving very popular during the pandemic lockdowns with sales continually strong.
Key features:
· Well Established.
· Profitable.
· Fully equipped kitchen and storage area.
· Strong online sales.
· Prominent main road position.
· Superb potential for continued development.
A sale is being offered for what is a very attractive and sensible asking price to also take into account that the business is fully functioning with a range of professional equipment and resources for the continued operation and development of the business.
Location: The business occupies an extremely prominent main road trading position at the heart of the local area, and is an integral part of this busy and vibrant community
The Parc Deli is being sold as a leasehold business opportunity. The existing lease has approximately 7.9 years remaining, and we are advised that the landlord would be happy to negotiate a mutually acceptable lease with a new owner. The rent is £7,800 per annum which is incredibly reasonable given the size and location of the premises.
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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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