Modern Middle Eastern Café in Stoke Newington London for Sale, Established in 2019
Stoke Newington, London
- Status
FOR SALE
- Date Submitted:
07/04/23
- Advert ID
511375
- Leasehold: £155,000
- Rent: £20,000
- Turnover: On request
- Net Profit: On request
Key Features
- Offers Invited
- Attractive Business
- Fully Fitted
- Close to Local Amenities
- Established Business
- Small Business
- Prime Location
- Unique Business
Business Details
Established modern Café for Sale
We are a popular and very well-liked cafe in the Stoke Newington High road, the cafe is managed by staff for the owners, the cafe has been established since June 2019 and has been very popular since the day it was opened. We are a Middle Eastern and Mediterranean cafe/brunch business which is very popular and profitable menu operation. The business has very high potential and will be extremely good for a personal operator rather than staff managed. The rent is very low for the area and the rent has only recently been increased to 24k. The business would be handed over with a new lease from the landlord. The unit has also low Gas and Electricity consumption which we can show evidence.
The business needs a owner/operator to help it achieve its potential, the business is for sale as the owners currently own 5 other businesses and need to reduce their business operations. If an owner takes lead and reduces staff and costs the business can become much more profitable for the in going owner.
- Staff managed
- Reduced for quick sale
- 11k Followers on instagram
- Established Business
- Low rent
- Fully fitted kitchen
- Low consumption of electricity and gas
- No business rates - small business rates relief
- Very popular in the local area
- La Marzocco Coffee Machine Allpress Speciality Coffee
- Strong speciality coffee sales
- High profit margin menu items
- High level of regulars and return customers.
- The 'cool cafe in the area'
- 22 covers inside
- 4.8 stars on Google Reviews out of 284 reviews.
- Sociable opening hours Mid week 7m-4pm - Weekends 9-5pm
- Easy and profitable menu
- Busy coffee sales and take away coffee
- Serving Allpress Espresso
- Two mins walk from stoke Newington Station and one min walk from Abney park.
- Hygiene level four stars with Hackney Council sticker on the door
- Deliveroo rating 4.7 Excellent
- Deliveroo and Uber sales
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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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