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CONFIDENTIAL SALE
FOR SALE
20/03/24
608523
A well-established café is now available for sale in the prime location of Archway, London. The café has been established, spanning several years, although we assumed control of the business one year ago. As part of our ownership, we have completely renovated the café, resulting in a fully refurbished setting ready for its next chapter.
The asking price for the leasehold is £160,000, with the current annual turnover standing at £132,000. The café boasts a strategic location is in the heart of town, situated on a bustling main road flanked by residential areas. The convenience of nearby bus routes and car parking facilities add value to its location. Additionally, the presence of a public park in the vicinity offers potential for additional footfall. An added bonus is the absence of any direct competitors in the immediate vicinity.
Being included in the sale are all the café fixtures and fittings that contribute to the charm and efficiency of the business. Moreover, the café has a spacious basement which serves as an ample storage room. We are currently seeking to sell the café as we have plans to relocate from the area.
The café operates from 6 am to 8 pm, seven days a week, with the kitchen serving customers from 8 am to 4 pm. The café provides bakery sandwiches, coffee, and drinks outside of these hours. Owing to its operational hours and offerings, there is potential for the new owner to further expand the menu. Currently, the café is run by a dedicated team of three hardworking employees.
Currently, we do not feel the need to engage with delivery platforms as our business is thriving. However, we believe that the new owner could potentially benefit from branching out into these channels. An already active digital and social media presence adds to the café's reputation.
For a seamless transition, we are prepared to offer appropriate training to the new cafe owners. For detailed information about the sale of this thriving business, please do not hesitate to contact us.
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
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