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Profitable Coffee Shop in Norwich Centre with Barber Shop Sub-Let and Growth Potential

Norwich, Norfolk

CONFIDENTIAL

  • Status

    FOR SALE

  • Advert ID

    614443

  • Leasehold: £92,500
  • Rent: £15,000 (£1,250 per month)
  • Turnover: On request
  • Profit: On request

Key Features

  • Close to Local Amenities
  • Town Centre location
  • Fully Fitted
  • Established Business

Business Details

Profitable Coffee Shop Opportunity in Norwich

This café coffee shop is on the market after being an established business for 11 years. As the owner since the beginning, I can attest to the business's stability and growth over the years.

The leasehold price comes in at £92,500, with current turnover figures available upon request. We are open to price negotiations to suit potential buyers. The coffee shop is centrally located in the heart of Norwich, a bustling town centre location with accessible main road connections. The property sits comfortably nearby to Norwich's famous landmarks, including the cathedral, a bonus for attracting tourists and visitors.

Enjoying a central position, the coffee shop currently has seating for 30 covers on the first floor, as well as an additional 8 covers on the ground floor. This allows for ample space to accommodate guests comfortably. Moreover, the top floor (2nd floor) is another source of income as it's currently sub-let to a barber shop, a potentially appealing prospect for potential buyers.

All fixtures and fittings associated with the business will be included as part of the sale. The primary motivation to sell the business is due to new business commitments. It operates from 7am to 3pm from Monday to Friday, 10am to 2pm on Saturday, and is closed on Sundays.

Currently, the shop is staff-run with a team of 3 employees. For a new owner, there is substantial potential to grow the business further. This could particularly be achieved with more owner-involvement in the running of the coffee shop. It's a bustling and busy location, poised for growth.

The café has a respectable presence on social media, boasting 7,000 followers combined on Facebook and Instagram. However, we're not currently partnered with any food delivery platforms, an opportunity to expand the business further. We are more than happy to offer necessary training opportunities to the new owners.

For a more comprehensive understanding of our business and its details, please feel free to contact me.

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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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