FOR SALE
622546
Small local cafe and sandwich shop and current owner's first business looking to sell up, as the owner is moving for university in the new year. Open for one year so far.
The business is strategically located across the road from large industrial estates, benefiting from breakfast and lunchtime traffic from nearby factories and offices. The business enjoys good relationships with local businesses, evidenced by frequent large lunch orders.
The cafe currently serves a reliable crowd of regulars who cover the business' operating costs.
The business holds a five-star hygiene rating.
There is great potential for revenue growth by expanding advertising, delivery options, and opening hours, as currently the cafe is only open on limited hours, 08:00-14:00 Monday-Friday and 09:00-13:00 on Saturdays. Evening takeaway hours in this location could be a huge success, as demonstrated by other businesses in the area.
A large building site situated next door will be commencing work for 6-12 months from February onwards, which is expected to significantly increase daily takings from large groups of labourers.
Recently opened on Just East, with positive signs of significant turnover increase as a result - currently in the process of an online menu redesign to accommodate Just Eat commission fees and maximise potential income.
The cafe is equipped with a fully functional commercial kitchen inclusive of a griddle, deep fryers, refrigeration units, and a commercial bean-to-cup coffee machine. The front of house includes all essential furniture.
Despite operating as a low-intensity business with just one owner-chef and a volunteer at the front of house, there is substantial room for growth with the right experience and dedication. Nearby competition includes one Greggs store, but the cafe's distinctive appeal, freshly made dine-in food and strong customer relationships help maintain its customer base. The seller, motivated by a change in lifestyle and university plans along with childcare commitments, is willing to provide training, free labour and support to new owners during the transition period.
This sale includes stock, fixtures, and fittings, with a first-year turnover of £30,000 and an annual rent of £6,600. Interested parties are invited to make offers, and there is potential for alternative use of the premises if desired.
For those looking to step into the hospitality industry with a solid foundation and potential for growth, this cafe is a fantastic opportunity.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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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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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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
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