FOR SALE
08/09/23
599144
471 / Rightbiz
This is a rare opportunity to acquire a popular catering business based in Long Eaton, Nottinghamshire. The business is available on a leasehold basis.
The business is a unique concept that was re-branded in 2020. Prior to this, the current owner started the business in 2015 and has continued to build upon its success. This award-winning business primarily operates as a fashionable cafe selling the very best local produce, with the aim of creating a hub in the local community and bringing quality food to residents and employees alike. They offer a traditional menu to their customer base and sell items such as breakfasts, sandwiches, burgers, pizzas, paninis, cakes, street food specials, and much more. They occasionally offer an outside catering service and have a catering van which is not included in the sale but can be negotiated on separately should this be of interest to the new owner. There is also huge potential and demand to open the premises as a bistro in the evenings which would increase revenue significantly.
The business has experienced steady growth on an annual basis since they began trading and have built up an excellent reputation in their local community. They are considered a household name in the town and can boast a loyal customer base which has resulted in a vast amount of repeat business.
The premises has been renovated to a very high standard throughout as the current owner has skilfully combined the character features of the building with modern fixtures and fittings. The business is also located in one of the busiest areas of the town and can boast 15 covers.
· High footfall and passing trade.
· Prominent Location in the area
· Quality premises renovated to a high standard.
· Fixtures, fittings, and equipment to be agreed upon
· Minimal overheads i.e., competitive lease
· Minimal competition
· Car parking outside
· Huge Potential for further growth and success.
· Rent just £5,000 per annum!
· Well-established business
· Catering van available to purchase separately.
It is with a heavy heart that the current vendor is selling because of other business interests. Due to the location and financial performance of the business, we strongly advise a viewing to avoid disappointment. This business represents an excellent opportunity for an entrepreneur looking for an established business within the catering sector or an existing business looking for a lucrative acquisition.
We have received many enquiries on this business at an initial stage so please contact us to arrange a meeting to avoid disappointment.
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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