Profitable Café Bistro in London Colney, Hertfordshire with High Growth Potential for Sale
London Colney, Hertfordshire
- Status
FOR SALE
- Advert ID
617853
- Leasehold: £79,500
- Rent: £11,400 (£950 per month)
- Turnover: On request
- Net Profit: On request
Key Features
- Retirement Sale
- Close to Local Amenities
- Established Business
- Attractive Business
- Prime Location
Business Details
CAFE BISTRO FOR SALE
CAFÉ BISTRO: A Profitable Restaurant with Great Potential for Growth
Café Bistro is a thriving restaurant business boasting strong profits with low operating costs. There is no need to fret about business rates, as none are payable, and the rental costs are attractively low. The current operation requires a lean team of just three staff members, allowing for cost-effective management of the establishment.
The restaurant operates six days a week, from Monday to Saturday. The current opening hours are from 6.30 am until 2.30 pm. Despite being closed on Sundays, Café Bistro maintains solid profitability.
However, the potential for growth is significant. Expanding the existing opening hours and commencing trade on Sundays could dramatically increase revenue. Currently, no affiliations with food delivery services such as Uber Eats or Just Eat are in place. Establishing these connections could therefore represent another significant opportunity for boosting earnings.
In addition, there is a unique potential for local delivery, with several nearby businesses and an industrial estate that could serve as regular customers. Furthermore, there are development plans in the pipeline for a new building site. If approved, this project would likely attract numerous builders and potential customers to the area, lavishing even greater business upon Café Bistro.
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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.
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.
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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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