Cafe Shop for Sale in Prime Colchester Town Centre Location, No Local Competition
Colchester, Essex
- Status
FOR SALE
- Date Submitted:
15/06/23
- Advert ID
514954
- Leasehold: £50,000
- Rent: £14,000
- Turnover: £130,000 (£2,500 Per week)
- Net Profit: On request
Key Features
- Prime Location
- Small Business
- Ideal for Full Refurbishment
- Potential for Alternative Use
Business Details
Cafe Shop for sale in Colchester Town Centre
Newly established cafe in Colchester, Essex is currently available for sale. Having been established for six months. Situated in a prime location on the main road leading up to the town center, the cafe benefits from excellent bus routes nearby and little to no local competition.
The leasehold price for this business is set at £50,000, with its current turnover at £130,000. We are open to offers, with the price including all stock as well as fixtures and fittings. The cafe's opening hours are between 8 am and 5 pm, with Mondays off. However, there is potential for a new owner to extend these hours and take advantage of increased trade.
Currently, the business has two dedicated employees on board, and has partnered with popular food delivery platforms such as Deliveroo and JustEat. To ensure the cafe's continued success, the existing owners are willing to offer training opportunities to the new ownership. Additionally, there is potential for alternative use of the property, should a prospective buyer wish to explore different business opportunities.
For complete details about this business, please contact me directly.
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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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