Arel Coffee Shop, Renowned for Mediterranean Dishes in City of London, Up for Sale
City of London, London
- Status
FOR SALE
- Date Submitted:
14/03/24
- Advert ID
608225
- Reference
B07898 / Rightbiz
- Call Agent:
- Leasehold: £84,950
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Popular and Growing Coffee Shop For Sale
BusinessPlease quote reference B07898
CoGoGo are delighted to welcome to the market Arel Coffee a fantastic opportunity based in London.
This business was established 3 years ago only recently coming under our client's ownership who has quickly increased their loyal customer base and further grown their reputation.
Arel Coffee now comes to the market due to our client's wishes to explore new ventures.
As well as being able to dine in and enjoy their welcoming great tea selection and mouth watering Turkish dishes, Arel coffee also offer takeaway and delivery option, allowing you to be within the comfort of your home whilst also feeling as though you are in the cafe indulging in their delicious menu.
Arel Coffee specialise in creating Mediterranean dishes such as Gozleme, a Turkish stuffed pan fried flat bread, Roll Borek with a cheese or beef filling, Homemade Red Lentil Soup and much more allowing you to diversify your options with the wide selection of flavourful foods.
This family run business creates a warm and pleasant ambiance with their enticing breakfast sets, refreshing smoothies and casual yet cosy layout.
Scope to improve -
- Extend current opening hours
- Add an evening menu
- Offer outside catering
- Increase advertising
Location
Arel Coffee is located on the busy high street, Kingsland Road, within London.
Premises
Outside of the premises lives 3 tables with seating allowing customers to enjoy the summer breezes whilst endulding in one of their signature mediterranean breakfasts. As you walk in through the glass doors of the double fronted premises, which is wheelchair assessible, tables are dispearsed on the right hand side (12 covers), the left presents a dough prep area allowing customers on the streets to peer through the window and enjoy the fresh soft dough being created.
The serving and display counters are situated to the rear of the premises with the coffee and tea prep area closely behind.
Tenure
We are advised the business is being sold on a Leasehold basis with 2.5 years remaining on the lease. The rent is currently £18,000 per annum.
Hours
The current trading hours are:
Monday to Friday - 8:00am to 4:00pm
Saturday - 8:00am to 6:00pm
Sunday - 8:00am to 4:00pm
Staff
This business is run and managed by our client.
Financial Profile
We are advised this business generated £6,000 per month. Full financials can be made available upon further request.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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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