Highly Rated Cake Ole Cafe in Maltby South Yorkshire Up for Sale with Massive Growth Potential
Maltby, South Yorkshire
- Status
FOR SALE
- Date Submitted:
30/12/23
- Advert ID
604402
- Reference
B07737 / Rightbiz
- Call Agent:
- Leasehold: £39,995
- Turnover: £144,788 (£2,784 Per week)
- Net Profit: Not Applicable
Business Details
Highly Rated Cafe For Sale
BusinessPlease quote reference B07737
CoGoGo welcomes to the market The Cake Ole, a highly rated and well respected Cafe opportunity in the town of Maltby, South Yorkshire.
The business was first established by our client in 2022, building up an excellent reputation and regular customer base during its time of trading. As seen by the online ratings and reviews, it's extremely popular.
The Cake Ole has now come to the open market due to our clients desire to move onto other ventures.
The Cake Ole is a traditional cafe with customers able to eat in, take it away or make an online order through Just Eat or Rotherham Eats. There is a 5 mile delivery catchment area.
The business has a 4.9 rating on Google, with 25 reviews. The cafe is also the highest rated business on Just Eat in the area.
Key selling points -
- High footfall location
- Outstanding Reputation
- Increase marketing and advertising
- Increase opening hours
Location
The Cake Ole is located on High Street in Maltby, South Yorkshire.
The business is well presented and maintained with eye catching signage.
Due to its location, it receives high levels of footfall and passing trade.
Premises
Large open plan seating area with large counter
Open kitchen and preparation area
To the rear of the unit is the WC
Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 10 year lease. The rent is £200 per week.
Hours
The current trading hours are -
Monday to Friday - 7:00am - 2:00pm
Saturday to Sunday - 7:00am - 1:00pm
Staff
We are advised that the business has 5 part-time staff members and 2 drivers.
Financial Profile
We are advised as per the 2023 accounts, the business generated a turnover in the region of £144,788. Further financials can be made available upon request.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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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Contact seller
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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