Established Breakfast Brunch Cafe in Stoke Newington, London for Sale at £107,000
Stoke Newington, London
- Status
FOR SALE
- Date Submitted:
14/07/23
- Advert ID
516686
- Leasehold: £107,000
- Rent: £25,000
- Turnover: £200,200 (£3,850 Per week)
- Net Profit: On request
Key Features
- Accounts Available
- Prime Location
- Small Business
- Potential for Alternative Use
- Fully Fitted
Business Details
Breakfast Brunch Cafe for sale in London, Stoke Newington High steet
Established Breakfast and Brunch Cafe is on the market in Stoke Newington, London. The cafe has been in business for 10 years, and I took ownership 1.5 years ago. During my tenure, the business underwent branding changes. It is being offered for the leasehold price of £107,000, with a current annual turnover of £200,200, although we are open to negotiation.
The cafe is enviably located in the town centre on the bustling high street, with an overground station nearby. It also benefits from accessibility by multiple bus routes. This central position offers great visibility and ample customer footfall.
The sale includes all existing fixtures and fittings of the cafe. These range from coffee machines, fridges and kitchen equipment. All existing stock will also be included in the sale. Over the years, the business has maintained a steady turnover. The planned sale of the cafe is due to my personal decision to relocate abroad.
Opening hours all week, from 9 a.m. to 5 p.m., the cafe is attended to by our team of 3 full-time and 2 part-time employees. It is operative seven days a week. The business is also connected with food delivery platforms UberEats and Deliveroo and maintains a strong web and social media presence on platforms like Instagram and Facebook.
To ease the transition, we are willing to offer training opportunities to the new owners. Additionally, full accounts of the business, which will include detailed financials, are available for inspection. The cafe also has potential for alternative usage, being fully fitted.
If you require more details about the sale or the business, please feel free to contact me.
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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.
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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.
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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.'.
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