Profitable Erdington Cafe for Sale - Busy Location, Short Hours, Strong Turnover
Erdington, West Midlands
- Status
FOR SALE
- Date Submitted:
05/01/23
- Advert ID
505927
- Leasehold: £50,000 (Stock at valuation)
- Rent: £13,200
- Turnover: On request
- Net Profit: On request
Key Features
- Adjacent to Multiple Retailers
- Established Business
- High Turnover
- Potential for Alternative Use
- Fully Fitted
Business Details
Successful Cafe for sale in Erdington, West Midlands.
Traditional English breakfast cafe is for sale in Erdington, West Midlands, the busiest restaurant in the area. The turnover is vast, with short working hours of 7:30 am- 1:30 pm. Unfortunately, due to some personal circumstances, we have to all this business.
With a willing and able team of experienced staff, we maintain an excellent reputation and familiarity with the clients and community. Therefore, we expect genuine enquiries only.
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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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