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Creams Desserts Shop in Walthamstow London's Heart for Sale

Walthamstow, London
Creams Desserts shop for sale in Walthamstow Town Centre Photo 1
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Creams Desserts shop for sale in Walthamstow Town Centre
  • Status

    FOR SALE

  • Date Submitted:

    19/09/23

  • Advert ID

    599814

  • Leasehold: £350,000 (Stock at valuation)
  • Rent: £48,000
  • Turnover: £750,000 (£14,423 Per week)
  • Net Profit: On request

Key Features

  • Fully Fitted
  • High Turnover
  • Established Business
  • Accounts Available

Business Details

Creams Desserts shop for sale in Walthamstow Town Centre

An established Creams Desserts shop in Walthamstow, London is currently for sale. This lucrative business venture comes with an ideal location in the heart of the city where footfall is rarely compromised. Positioned opposite Vue Cinemas and on the bustling high street of the town centre further enhances its appeal. Connectivity will also not be a problem as Walthamstow station is just a few minutes’ walk away.

The Creams Desserts shop boasts a solid foundation, having been established seven years ago. I took ownership three years back and am now looking forward to handing over the reins to a dedicated and passionate entrepreneur. The leasehold is priced at £350,000 - which is justified by the current turnover of £750,000. We are open to negotiation and are very much willing to work with any potential offers.

One of the significant aspects of this sale is that it includes all of the fixtures and fittings that currently exist within the premises. The business is also in a strong financial position, with turnovers increasing over the past year - this indicates a promising opportunity for profit.

I'm putting the store on the market due to my commitment to other ventures, and I firmly believe that the Creams Desserts shop could flourish under new proprietorship. The shop operates seven days a week, from 11 am to 12 pm, managed efficiently by seven diligent employees.

What makes this business even more attractive is the significant, well-established branding and presence on social media. The business is synonymous with quality dessert offerings within the area, reinforcing the brand value. It's partnered with popular food delivery services with UberEats, Deliveroo, and JustEat, which helps in increasing the consumer base and sales volumes.

We are committed to ensuring a smooth transition and therefore offer training opportunities to the new owners who might need them. Full accounts information and further details regarding turnover are available upon request. If you require any additional information about this business or want to discuss the proposition further, please feel free to contact me.

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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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