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50-Year Old Well Established Bakery in Prime Wickford Essex Location for Sale

Wickford, Essex

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    05/04/24

  • Advert ID

    609325

  • Reference

    B07964 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £225,000
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Well Established Bakery For Sale

Business
Please quote reference B07964

CoGoGo are delighted to welcome to the market Cosson's Bakery and Patisserie, a highly rated bakery for sale in Wickford. 

Cosson's Bakery was established over 50 years ago when the owner identified a need in the area for good quality baked goods. The business has been a real labour of love and has flourished during their ownership accruing many regular customers along with a great reputation.

The sale will include the company Facebook pages and the business enjoys great visibility on the internet along with impressive reviews such as:

  • “Big Selection of tasty bread and huge cakes and pastries”
  • “Great quality and always friendly service from all the staff”
  • “Love this shop! Beautiful cakes and pastries. Will be coming back.”
The business now comes to the market due our clients desire to retire.

Cosson's Bakery and Patisserie prides itself on the quality of its food, much of which is freshly prepared on the premises. The menu includes traditional staples such as:

  • Sandwiches
  • Breads and rolls
  • Filled Baguettes
  • Pasties
  • Cakes
  • Sausage rolls
  • Celebration Cake
Key selling points -

  • Prime high street location
  • Well established business that has been present for over 50 years
  • Regular and local client base
Scope to Improve -

  • Expand advertising and marketing campaign
  • Create a business website and perhaps add an online ordering facility
  • Extend the opening hours
  • Explore delivery offerings from the likes of Just Eat, Uber Eats and Deliveroo etc
  • Develop the outside catering side of the business
  • Introduce a customer loyalty card/ scheme


Location
Cosson's Bakery and Patisserie is located on the busy High St, in Wickford.

Due to the location, the business receives high levels of footfall and passing trade. 



Premises
Cosson's Bakery occupies a double fronted premises, catching lots of high level passing trade due to the location.



Tenure
The business is being sold on a Leasehold basis with 10 years remaining on the Lease. 

The current rent is £32,500 per annum.



Hours
The current trading hours are:

Monday to Saturday - 8:00am to 2:00pm

Sunday - Closed



Staff
The business is run and managed by our clients.



Financial Profile
The buisness achieved a £190,000 turnover in 2022. Full financials can be made available upon further request.



Read more

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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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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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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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The data showed regarding this advert 'Well Established Bakery For Sale - B07964 / 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.