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CONFIDENTIAL SALE
SOLD / WITHDRAWN
612567
Located in the heart of the affluent town of Royston, Hertfordshire, a well-established cafe is available for sale. The cafe is centrally positioned and enjoys close proximity to local amenities and multiple retailers, enhancing footfall and business. This unique business has successfully operated as a cafe for over 30 years, demonstrating consistent annual growth for the past 5 years under my ownership.
The business boasts an attractive setting, complete with a town centre courtyard - adding to the aesthetic charm and appeal of the cafe. The asking price for this leasehold business is £50,000, although this is negotiable.
The current annual turnover stands at £110,000, yielding a profit margin of £45,000 - offering a lucrative opportunity for prospective buyers. As part of the sale, all existing stocks are included in the quoted price. Prospective buyers will also have access to relevant business accounts to aid their decision-making process.
The cafe functions with a lean team consisting of one full-time staff member, one part-time member, and three rotational staff members who work on Saturdays. Presently, due to personal circumstances forcing me out of the area, I am compelled to sell the business.
This fully fitted cafe is ideally suited for those looking to own a small enterprise and build on this unique business's existing success in an affluent town centre location. Interested buyers are invited to submit their offers for this attractive business.
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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