Established, Refurbished Cafe in Colchester Essex with 5* Rating, Fixtures Included, for Sale
Colchester, Essex
- Status
FOR SALE
- Date Submitted:
02/10/23
- Advert ID
600568
- Reference
RX293929 / Rightbiz
- Call Agent:
- Leasehold: £79,995 (Stock at valuation)
- Turnover: On request
- Net Profit: On request
Business Details
CAFE UNOPPOSED COLCHESTER
CAFE - UNOPPOSED - COLCHESTER - A long-established business, set up in 1992 with our clients purchasing the business in December 2020. Our clients undertook a substantial refurbishment and rebranding of the business/premises, now bringing the business to market with a genuine reason for sale, due to other business interests. The premises is fitted out with a full complement of fixtures, fittings and equipment which are all included within the sale price. Our clients have built up an enviable reputation over their period of ownership, supported by a 5* Facebook rating. Offering a menu that includes, but not limited to, sandwiches, wraps, salads, fruit bowls, breakfasts, jacket potatoes, burgers, paninis, and a dessert menu. Our clients also offer an outside catering service on either a per head or per platter basis, offering various different platters including breakfast, sandwich, and finger foods to name a few. We are advised turnover averages £4,000-£5,000 per week working to the usual high gross profit margins associated with the trade. Current rent of £16,710 per annum exclusive. Viewing recommended. OUR REF: RX293929
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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.
Be safe, use a Rightbiz Solicitor
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