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Croydon Cafe, Indoor & Outdoor Seating, 17 Years Established, £40,000 Leasehold, Great Hours

Croydon, London

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    13/10/22

  • Advert ID

    501951

  • Leasehold: £40,000 (Stock at valuation)
  • Rent: £12,000
  • Turnover: £30,000 (£577 Per week)
  • Net Profit: On request

Key Features

  • Small Business
  • Fully Fitted
  • With Car Park
  • Offers Invited
  • Potential for Alternative Use

Business Details

Cafe with inside and outside seating in Croydon

Long-established cafe with a loyal customer base and fantastic trading hours for sale. The cafe business has been established for 17 years and has a leasehold sale price of £40,000 on nearest offer. Opening hours are 6am - 3:30 pm with the current owner running the business along with their mother.

The business is located in a parade of shops and has multiple public transport links nearby. It also has a business park estate near by. This opportunity to purchase this cafe comes with no direct competition nearby, a leasehold sale for £40,000. All fixtures and fittings are included and the annual turnover is £30,000. The cafe opens at 6am until 3:30pm each day, but there is scope to increase opening hours and marketing channels on social media and a website.

This would be an ideal opportunity for someone looking to get into their own business. The reason for selling is because I am looking to relocate from the area and travelling distance is not feasible. I am willing to offer training opportunities to the new owner.

Contact me 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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