Featured Brokers
CONFIDENTIAL SALE
FOR SALE
27/02/24
607404
155591 / Rightbiz
The company specialises in providing a range of freshly roasted coffee and compostable coffee pods, as well as a variety of breakfast and lunch options, specialty barista beverages, and bakes.
The company is ideally placed for an acquirer to achieve further growth due to its popular artisanal offerings, alongside its established customer loyalty scheme and online subscription service.
The business operates on both a B2B and B2C basis across premises in London, and supplies its online offering nationwide.
The business is now being offered for sale due to our clients’ personal circumstances.
Our clients are open to all types of structured offers, subject to negotiation.
Offers invited.
Turnover in excess of £1.7 million in YE23.
Increase in turnover of 31% from YE22 to YE23.
Projected turnover of circa £2 million in YE24.
Operating within a successful market, which is expected to expand at a CAGR of 6.2% through to 2028.
Over 10,000 customers registered to the loyalty scheme, 90 customers are signed up to the capsule subscription model, and 60 customers order both capsules and freshly roasted coffee repeatedly.
Operates from five leasehold premises across London.
Highly experienced and qualified middle-management team, all of whom are set to remain post-sale.
Scope to extend its operating hours and develop an evening menu to facilitate further custom.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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
The data showed regarding this advert 'INDEPENDENT COFFEE SHOPS – BASED IN LONDON - 155591 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.