Renowned Worthing Bakery Up for Sale, Thriving for Over Two Decades
Worthing, West Sussex
- Status
FOR SALE
- Date Submitted:
02/01/24
- Advert ID
604429
- Leasehold: £20,000 (Stock at valuation)
- Turnover: On request
- Net Profit: On request
Key Features
- Established Business
- Accounts Available
Business Details
Well established Bakery for sale in Worthing
A reputable bakery situated in Worthing is currently up for sale. This highly-regarded establishment has been a staple of the local community for over two decades, and we have had the privilege of maintaining its respected reputation since 2019.
The bakery, strategically positioned on a main road and within a five-minute walk from a train station, benefits from excellent footfall. With the sea-side close by and a plethora of amenities in the vicinity, its locale ensures that it maintains steady flow of customers and continues to capitalise on passing trade.
We operate six days a week, our opening hours being from 9 a.m. to 2 p.m. Our dedicated team, consisting of one full-time employee and one part-timers, work assiduously to ensure smooth running of the bakery.
In today's technological era, having a strong digital presence is essential. Therefore, we have a Facebook page where we actively engage with our customers. Additionally, our establishment is listed on Google in the local area, further enhancing our visibility to potential customers.
If you're interested in assuming the reins of this well-established business, we are ready, willing, and able to provide training opportunities to facilitate a smooth transition. The leasehold for the property is £20,000, and the provided financial statements cover a period of nine months, reflecting the transition of the business from a sole trader.
For a comprehensive overview of this business and its prospects, please do not hesitate 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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