Established Cafe/Deli Business for Sale in Hove East Sussex Town Centre
Hove, East Sussex
- Status
FOR SALE
- Advert ID
611950
- Leasehold: £35,000
- Rent: £14,000 (£1,167 per month)
- Turnover: £156,000 (£3,000 per week)
- Profit: On request
Key Features
- Established Business
- Prime Location
- Small Business
- Town Centre location
Business Details
Small cafe deli for sale in town centre
Well Established, Busy little cafe in Hove, East Sussex. The business boasts a strong presence, having been established two years ago and witnessing steady growth since. I have nurtured this cafe since its early years.
The café is advantageously located within the town centre, just off Western Road Hove. Despite the bustling town centre's location, the café faces little competition in the immediate vicinity, thus ensuring a steady influx of clientele. However, if your goal is growth, the town does boast a healthy competitive environment.
An asking price of £35,000 is being sought for the leasehold. No business rates. The sale will also include all current fixtures and fittings in the cafe, even the stock. With the current turnover averaging £3,000 weekly and showing an upward trend month on month over the previous year.
Unfortunately, a change in health circumstances within the family has forced the necessity of this sale. As care is now urgently required. The café operates six days a week, from Monday to Saturday, between 7:30am and 4pm, remaining closed on Sundays. The current staffing consists of three dedicated employees.
In an era of home deliveries and a rising online presence, this café has partnered with popular delivery platforms - JustEat, UberEats, and Deliveroo. Recognising the need for a smooth transition and willingness to offer comprehensive training opportunities to the upcoming owners is also on the table.
Please feel free to contact me directly.
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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.
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Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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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.
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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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