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16-Year-Old Coffee Shop/Cafe in Leicester City Centre Up For Sale

Leicester, Leicestershire

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    15/04/24

  • Advert ID

    609824

  • Leasehold: £105,000
  • Turnover: On request
  • Net Profit: On request

Business Details

City Centre 16 Year Established Coffee Shop Cafe For Sale in a Sought After Location

Unique opportunity to purchase a ready-made business, a working business model that you can walk straight into. Recent refurbishment and the replacement of all major equipment including the coffee machine in the past few years means there would be no additional financial outlay initially. In the centre if Leicester in a sort after location with excellent footfall. The property comprises of a good-sized seating area, counter, kitchen, WC, storage room and an outside seating area. We are well established with a great reputation for great coffee and reasonably priced fresh food. After 16 years the business runs itself, thanks to the wonderful staff who are very reliable and efficient, some working for as long as 10 years.

This coffee shop business offers an incoming purchaser the opportunity to acquire a busy, well established, reputable business with lots of potential to extend opening hours into the evening, as well as use of delivery companies like Uber Eats and Deliveroo to further drive custom. Instantly increase turnover by Ā£10,000 with the new owner working full time. Other possible income streams would be outside catering which has been touched upon but never pushed.

The business was opened in 2008, 16 years ago, and is still in the same hands. As the owner, I have taken great pride in the business and have spent considerable time and money on investing in good quality fixtures and fittings, all included within the sale price. I have built up a successful, reputable business. A lifestyle change is prompting the sale of this incredible opportunity, and I am eager to pass the baton to another passionate individual.

All stock, furniture, inventory and staff included in the sale price. 

  • Accounts available up to March 2024
  • Well established business (16 years)
  • Very good reputation and fantastic online reviews
  • Loyal customers
  • Customer loyalty scheme
  • Very competitive rent and rates
  • Good loyalty rates with reliable local suppliers
  • City Centre location with excellent footfall
  • Adjacent to multiple reputable retailers
  • Located in the historic and beautiful ā€œLanesā€ area
  • All fixtures/furniture included
  • All stock/packaging Included
  • Newly refurbished in 2020
  • All major equipment replaced in the last 2 years including coffee machine
  • Independent Business
  • Good social media presence
  • 5* food hygiene rating
  • External street licence
  • Scope for longer opening hours
  • Immediate significant increase in profit by new owner working full time

This is a confidential sale so as not to make the staff and suppliers anxious unnecessarily. Viewings will be after hours and contact via email or Whatsapp initially as I may not be able to talk whilst at work. Contact with staff, customers and suppliers is prohibited without authority.

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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 Ā£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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