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Highly Rated L'Espresso Coffee Shop in Banbury, Oxfordshire Up For Sale

Banbury, Oxfordshire
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Highly Rated Coffee Shop / Cafe For SaleHighly Rated Coffee Shop / Cafe For SaleHighly Rated Coffee Shop / Cafe For SaleHighly Rated Coffee Shop / Cafe For Sale
  • Status

    FOR SALE

  • Date Submitted:

    11/03/24

  • Advert ID

    608033

  • Reference

    B07891 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £50,000
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Highly Rated Coffee Shop Cafe For Sale

Business
Please quote reference B07891

CoGoGo are delighted to welcome to the market L'Espresso Coffee, a highly rated opportunity in Banbury.

L'Espresso Coffee came under our client's attentive ownership in 2022, establishing an excellent reputation and extremely loyal customer base.

The business now comes to the open market due to our client's desire to explore new ventures.

This admired coffee shop offers an array of delicious sandwiches, homemade mouthwatering foods, sweet treats, smoothies and more. They also offer a takeaway option and provide customers with the option to order online in a simple, fast and convenient way.

L'Espresso provide seating outdoors, to allow customers to enjoy the warm summer breeze, whilst sipping on one of their signature ice cold milkshakes.

There is huge potential to increase the turnover, by extending the opening hours, creating additional dishes for the menu and increasing the advertising and marketing to push the business further.



Location
This business is located in a small historic town of England called Banbury.



Premises
L'Espresso Coffee occupies a single fronted premises, with seating being available outdoors.



Tenure
We are advised the business is being sold on a Leasehold basis, holding a 7 year lease with rent reviews taking place every 3 years. The rent is £700 per month.



Hours
The current trading hours are:

Monday to Sunday - 8:00am to 4:00pm



Staff
We are advised the business is run and managed by our client.



Financial Profile
The advised turnover for 2023 was £5,500 per month. Full financials can be made available upon further request.



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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.

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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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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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