Coffee and Cycle Shop for Sale in Farnham Surrey, Located in Affluent Georgian Street
Farnham, Surrey
- Status
UNDER OFFER
- Date Submitted:
05/02/24
- Advert ID
606304
- Leasehold: £45,000
- Rent: £13,000
- Turnover: £207,000 (£3,981 Per week)
- Net Profit: On request
Key Features
- Prime Location
- Retirement Sale
- Town Centre location
- New Lease
- Company for Sale
Business Details
Coffee and cycle shop in 7th richest constituency in England.
A small cafe, located in one of the most popular Georgian streets in the Surrey market town of Farnham, around the corner from a large public car park. We sell artisan coffee, home cooked food and also electric bikes. As a cycle cafe, we are a target destination for cyclists but also attract a lot of loyal customers. Our premises are very visible for all road users as they turn into our main street. The town centre will be revitalised later this year leading to enlarged pavements outside with potential for increased seating.
Our small 6m by 6m premises has 16 covers inside and 4 covers outside as well as room for about 10 ebikes. Although the majority of our 5 experienced staff only prepare coffee and food, we have a cafe manager who also sells the ebikes. So no knowledge of the cycle trade is required for the cafe owner.
We have partnered with a local cycle workshop who carry out after sales support for us to further simplify the business.
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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.
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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.
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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.
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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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