FOR SALE
07/03/23
509465
2466 / Rightbiz
Summary:
- Proof of funds required
- Huge Potential
- Prime Location
- Heavy Footfall Area
- Unique Opportunity
- All Fixtures & Fittings Included
- Excellent Client Base
- Highly Rated
- Established Business
Business Description:
Silk Letting LTD are proud to present to the market a busy coffee shop within the town centre of Colchester
This café has managed to always keep its customers satisfied by serving things such as:
Traditional Breakfasts
Pies and Mash
Sandwiches
Omelettes
Desserts and much more.
The business operates from walk-in custom, and passing trade and has agreements with Just Eat and Deliveroo
With all fixtures and fittings included within the purchase of the business, it gives the buyer an advantage as it assists them towards an easy takeover
Location and Amenities
This business is situated within the busy town centre of Colchester which puts it in a prime location. With it also being on a very busy high street, it is in an area which gathers a huge amount of traffic and has a consistent traffic flow throughout the day. This is due to the surrounding of many popular amenities, and the lack of competition in the area, which makes this business the perfect place to go for people who are feeling for a quick bite or coffee.
The heavy amount of traffic built up within the area benefits the business greatly, as it leads to a very high amount of walk-in and passing trade which means that the business is always bound to have some customers.
As there are bus stops along the road where the business is based, it makes it very easily accessible for customers, staff, and the owner if they do need to travel to the premises via public transport.
Growth Potential:
This business has already grown to become a success, however, there are many ways in which a buyer can expand.
For example, currently, the business doesn’t have its own website, which leaves room for a buyer to create their own. This website would open doors to many things such as a place to present the business\\\\\\\\\\\\\\\'s services, and any contact information and it also makes the business look a bit more professional than it already is. It would also make it more convenient for potential customers who would just want to find out a little bit more about the business before arriving. This would increase the customer satisfaction rate and boost the reputation.
Financial Profile:
Tenure: Lease (Rents Property Only) – 6 years left remaining on the lease.
Turnover is available upon request.
Property:
This business is presented throughout one floor, with approximately 60 covers along the inside. This makes it perfect for people who are dining in small or even large groups and means that the business will never fail to accommodate during busier periods.
The premises consists of a storeroom, a washing up room, a toilet, and a kitchen/serving area.
Security Features:
It consists of shutters and 4 CCTV cameras which do need to be fixed. However, once these are fixed, it ensures that the safety of the premises is kept whilst attended to and unattended.
We advise our buyers not to miss out on this opportunity!
Fixtures and Fittings:
All fixtures and fittings are included in the purchase of this business which makes it ready for a buyer to get going right away.
A full list of assets is available upon request.
Staff:
The business employs 3 staff members, who are all willing to stay under new ownership. This gives a buyer a huge advantage as it gives them an already experienced and efficient team to work with.
The business is currently open:
Monday – Friday: 8:00 am – 5:00 pm
Saturday: 8:00 am – 6:00 pm
Sunday: 9:00 am – 4:00 pm
Reason for the business sale:
The owner has decided to sell the business due to other commitments, in hopes to hand over the success of this business to a reliable buyer like you.
This is a fantastic opportunity not to miss out on!
VIEWING STRICTLY BY APPOINTMENT!
If you are interested, please contact us to discuss any sales enquiries or arrange a viewing on 0161 507 9791.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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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