Flourishing Farmer Cafe in Central London's Warren Street for Sale - Prime Location, Fully Equipped
Camden Town, London
- Status
FOR SALE
- Advert ID
620057
- Leasehold: £130,000
- Rent: £40,000
- Turnover: £336,000 (£6,462 Per week)
- Net Profit: £100,000 (30% Profit margin)
Key Features
- Accounts Available
- Established Business
- High Turnover
- Price Reduced
- Prime Location
- Small Business
- Unique Business
- Town Centre location
- Attractive Business
- New Lease
- Company for Sale
Business Details
Cafe in Warren Street , Centeral London
For Sale: Farmer Cafe in Central London
🌱 About Us:
We are a hospitality group with extensive experience in the industry. Farmer Cafe, our vibrant new venture, has been making a positive impact in the area since opening just four months ago. This is an exciting opportunity for anyone looking to invest in a well-established cafe with significant growth potential.
Interested parties, please reach out for more details or to schedule a viewing: 📧
Don't miss the chance to own a flourishing cafe in one of London’s most desirable neighborhoods!
📍 Location: 35 Conway Street, Central London
💸 Turnover: £89,150 in the first 120 days, averaging £28,000/month as of October
💷 Asking Price: £130,000 (includes £20,000 lease deposit and all equipment)
🔑 Key Features:
- Prime Location: Situated near Warren Street, the cafe benefits from heavy foot traffic from both local residents and tourists.
- Business Hub: Surrounded by offices and businesses, ensuring a steady stream of customers throughout the day.
- Fully Equipped: Comes with all necessary kitchen and service equipment, ready for immediate operation.
- Experienced Staff: A well-trained team is in place to maintain high-quality service.
- Unique Menu: Diverse offerings with a focus on locally sourced ingredients.
- Licenses in Place: Alcohol and premises licenses allow for expanded business opportunities.
- Secure Lease: 10-year lease with a break clause at year 2 and rent reviews every 5 years.
📊 Financial Overview:
- Weekly Revenue: Averaging £5,350 based on the initial turnover. Currently, £28,000/month as of October.
- Lease Cost: £40,000/year
- Business Rates: £9,800/year (75% discount applied in the first year)
- Utility Expenses: Around £600/month
- Staff Wages: Approximately £1,350/week
📜 Operational Excellence:
- Supplier Contracts: All agreements for ingredient sourcing are established.
- Business Plan: A comprehensive plan and unique menu are in place to ensure continued growth.
- Reputation: The cafe is steadily gaining popularity within the community.
🚀 Future Potential:
- Growth Opportunities: An expanding customer base and increasing local recognition.
- Seamless Ownership Transfer: The business is company-owned, making the transition smooth.
Map
What's Nearby
Listing Statistics
Contact the seller for more details, or book a viewing
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
Do not 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 amount 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.
Be safe, use a Rightbiz Solicitor
Contact seller
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.
Be safe, use a Rightbiz Solicitor
Get Solicitor
