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Well-Established Cafe/Coffee Shop in Ipswich Suffolk with High Potential for Sale

Ipswich, Suffolk
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CAFE/COFFEE SHOP - IPSWICH Photo 1
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CAFE/COFFEE SHOP - IPSWICHCAFE/COFFEE SHOP - IPSWICHCAFE/COFFEE SHOP - IPSWICHCAFE/COFFEE SHOP - IPSWICHCAFE/COFFEE SHOP - IPSWICH
  • Status

    FOR SALE

  • Date Submitted:

    14/09/23

  • Advert ID

    599443

  • Reference

    RX291680 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £69,500 (Stock at valuation)
  • Turnover: On request
  • Net Profit: On request

Business Details

CAFE COFFEE SHOP IPSWICH

CAFE/COFFEE SHOP - IPSWICH - A long-established business which has been owned and operated by our clients for in excess of 20 years who have now brought the business to market with a genuine reason for sale, due to retirement. The premises is fantastically presented throughout with quality fixtures, fittings and equipment, included within the sale price. The business trades with a menu that includes, but is not limited to breakfasts, omelettes, sandwiches, wraps and jacket potatoes to name a few items which is also accompanied by a dessert menu with waffles, ice creams and brownies. The business has built up a fantastic reputation over our client's period of ownership, supported by a 4.5* Tripadvisor rating, a 5* Facebook rating, 4.6* Google review and a 5* Food Hygiene rating. The business has a strong established gross turnover of approximately £238,800 per annum working to the usual high gross profit margins associated with the trade, however still leaves huge scope to increase further by extending the trading days and times as our client only opens until 3 pm and closes on Sundays. There is further scope to increase the turnover by incorporating a delivery service which our client has set up a platform to do, but has chosen not to utilise, as well as utilising the 2-deck pizza oven to offer a pizza eat in and delivery service. Approximately 10 years remaining on the lease at a current rent payable at £16,000 per annum. Zero business rates payable. Viewing recommended. OUR REF: RX291680

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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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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.

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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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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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The data showed regarding this advert 'CAFE COFFEE SHOP IPSWICH - RX291680 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.