Arthur's Cafe, A Thriving Independent Cafe in Wimbledon, SW London, Now Up for Sale!
City of London, London
- Status
FOR SALE
- Date Submitted:
06/01/24
- Advert ID
604649
- Reference
BPD2311234 / Rightbiz
- Call Agent:
- Leasehold: £90,000
- Rent: £16,800
- Turnover: £106,000 (£2,038 Per week)
- Net Profit: On request
Key Features
- Offers Invited
- Established Business
- Prime Location
Business Details
Well Established, Busy, Spacious, Independent Cafe in SW London
Business Monkey is delighted to bring to the market Arthur's Cafe, a fully-equipped establishment situated in an affluent, highly residential area of Wimbledon, South West London. Renowned for its homemade fare, this popular cafe is now on the market, presenting a chance for a new owner to take over a long-established turnkey business.
Arthur's boasts a wide menu with breakfasts, homemade lunches, daily specials, homemade cakes and more. The business is equipped to prepare and serve hot food on-site up to 10pm and a licence to sell alcohol can be applied for.
The cafe is based within the same building as a community hall and benefits from a very loyal and diverse customer base including local residents, families, workers from nearby businesses and surrounding visitors. Arthur's has built a great reputation within the local area.
Transport: Excellent public transport links, with a nearby mainline tube station and regular bus routes, ensuring accessibility for both customers and staff. The high street location is a strong factor in the cafe popularity and has little similar competition within the area.
Facilities: The interior integrates a well-furnished, spacious kitchen with a large main dining area, accommodating approximately 25-30 sittings. Outdoor seating can seat an additional 6-8.
Community Engagement: Beyond being a dining destination, Arthur's Cafe is a hub of community activity. Offering venue hire for various occasions and promoting events on social media, including a BYO Wednesday night comedy events and smaller gatherings.
Growth Potential: Arthur's Cafe presents ample opportunities for growth including extending operating hours (up to 10pm) further catering possibilities, online deliveries and hiring out for social events.
Transition Support: The current owner is committed to facilitating a smooth transition, providing support and insights to ensure the continued success of Arthur's Cafe under new ownership.
Current Trading Hours: Mon-Friday: 8am – 4pm,
Sat; 8am-3.30pm Sun; Closed
Current Turnover: £106k
Rent: £1,400 p/m
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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.
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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.
Be safe, use a Rightbiz Solicitor
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
Get Solicitor
