5-Star Hygiene Rated Cafe, The Coffee Vault, up for Sale in Prime Garston Merseyside Location
Garston, Merseyside
- Status
FOR SALE
- Advert ID
620267
- Leasehold: £65,000
- Rent: £10,500 (£875 per month)
- Turnover: £167,000 (£3,212 per week)
- Profit: £52,000 (32% Profit margin)
Key Features
- Small Business
- Prime Location
- Price Reduced
- Established Business
Business Details
Prime Location Cafe for Sale
Well-established, highly rated cafe for sale.
This thriving cafe in the centre of a busy Liverpool suburb is up for sale. The Coffee Vault has a fantastic reputation within the local community, known for its modern decor, locally roasted coffee, and freshly prepared food. The cafe boasts a 5-star hygiene rating, 100% 5-star TripAdvisor reviews, a 4.9-star Google reviews rating from over 100 reviews, and an organic social media following of over 2,000.
Over the past 3 years the cafe has been managed by brother and sister co-owners, with 3 part-time members of staff. We have benefited from the cafe’s spacious 35 seat dining area, generous service counter and barista area, children’s cinema room, and ample kitchen space. There is also a large cellar, rear yard area, and plenty of street parking.
Our weekly turnover is between £3,000 - £4,000 (excluding VAT) depending on the time of year. We do not currently trade on Sundays or bank holidays, we close for a week over Christmas, close for a week during the summer, and do not provide a delivery service, which gives opportunity for further growth.
All intellectual property relating to the business, including our logo, branding materials, website and social media accounts will be included in the sale.
The business receives a 27% discount on all products from Brakes food supplier, a discount which is due to remain for the lifetime of the account.
We have decided to put the business on the market in order to pursue a new business venture closer to home. The remainder of our 5 year lease can be included in the sale or the landlord has indicated he would be happy to negotiate a new lease with an incoming tenant.
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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.
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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.
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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.
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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.
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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.'.
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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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