SALE AGREED - Thriving Coffee Shop in Bustling Northenden Village, Manchester
Northenden, Manchester
- Status
FOR SALE
- Advert ID
620614
- Leasehold: £29,950
- Rent: £12,480 (£1,040 per month)
- Turnover: £85,000 (£1,635 per week)
- Net Profit: On request
Key Features
- New Lease
- Attractive Business
- Close to Local Amenities
- Open Plan Trading Area
- Adjacent to Multiple Retailers
- Fully Fitted
- Town Centre location
- Central Position in Affluent Village
Business Details
SALE AGREED SALE AGREED Coffee Shop in Northenden Village
SALE AGREED SALE AGREED SALE AGREED SALE AGREED
Available for sale is a newly-established coffee shop/café situated in the bustling village centre of Northenden, Manchester. Despite being operational for less than six months, this new business offers an attractive opportunity to own an excellent establishment with significant upside potential. Unfortunately, due to unforeseen personal family circumstances, we need to part with this venture. The leasehold price for the business is being set at £29,950, with the annual rent amounting to £12,480 or £240 per week.
The business is positioned strategically in the affluent Northenden Village, close to a host of local amenities. There is a variety of shops in the vicinity that add to the footfall, such as Tesco, Costa, grocers, and butchers. This coffee shop's unique central location, adjacent to multiple retailers, enhances its overall attractiveness and potential for growth.
Despite the competition in the area, this café presents an exceptional opportunity for profit and business development. The current turnover of the business stands at £85,000. Furthermore, the open-plan trading area provides a pleasant environment that can cater to a large number of customers comfortably.
The sale includes all the fixture fittings and stock within the asking price. This means that the café comes fully fitted and ready for immediate operations. Currently, we employ three staff members. However, the business does not yet have an online presence, presenting another potential avenue for enhancing visibility and reach.
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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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