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Established Cafe in Huntingdon Cambridgeshire with High Weekly Turnover for Sale

Huntingdon, Cambridgeshire

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Advert ID

    615361

  • Leasehold: £95,000
  • Rent: £32,000
  • Turnover: £270,400 (£5,200 Per week)
  • Net Profit: On request

Key Features

  • Established Business
  • Offers Invited
  • Town Centre location
  • Fully Fitted

Business Details

Established Cafe for sale Huntingdon Cambridgeshire with £5k Turnover p w

For sale is an established Cafe, located in the town centre of Huntingdon, Cambridgeshire. The business was established in 2019, and it reopened after the covid pandemic last year. The café is located in a strategic central position with proximity to the train station, the bus station, and the Chequers shopping centre. Despite the potential competition associated with a busy town centre location, the business has thrived and evidenced increasing turnover over the last year.

The café is on the market at a leasehold price of £95,000, but accepts the nearest offer as well. The current turnover is a robust £270,400 annually. The sale includes all existing fixtures and fittings, except for the coffee machine and coffee grinder, which are separately leased with an option for continuation. The café is family-run, with opening hours from 8am - 5pm from Monday to Saturday and 9am - 5pm on Sundays.

There is untapped potential in the form of an upstairs area, which could host an additional 60 seats if the new owners desired to utilise the space. Moreover, the business currently does not have an online presence, presenting a growth opportunity for the new owners should they opt to establish one. The café also isn't currently affiliated with any delivery platforms, another opportunity for expansion for the new owners. 

The reason for the sale is the current owners' impending relocation abroad. We are, however, happy to help ensure a smooth transition and are willing to offer training opportunities to the new owners. Interested buyers are encouraged to reach out for complete details about this promising business opportunity. Serious inquiries only, please.

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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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