High Street Cake Shop/Bakery with Online Presence in Wallsend Tyne and Wear for Sale
Wallsend, Tyne and Wear
- Status
FOR SALE
- Advert ID
623804
- Leasehold: £40,000
- Rent: £12,000
- Turnover: £50,000 (£962 Per week)
- Net Profit: Not Applicable
Key Features
- Prime Location
- Small Business
- Unique Business
- Town Centre location
- Close to Local Amenities
- Fully Fitted
Business Details
Cake shop bakery in Wallsend High Street
Monapeteet Cake Shop: Thriving Bakery Business for Sale
Description:
Monapeteet Cake Shop, situated in a prime location on Wallsend High Street, represents an excellent opportunity for aspiring bakery owners. Known for crafting high-quality cakes infused with Hungarian passion and premium British ingredients, the shop enjoys a stellar reputation in the community. This business is fully operational and ready for a new owner to seamlessly take over.
Key Highlights:
- Revenue Potential: The business currently boasts a turnover of £60,000 annually, with significant room for growth.
- Online Integration: A modern website complements partnerships with delivery platforms like UberEats, Deliveroo, and Just Eat, ensuring a robust online presence.
- Prime Location: Positioned on the bustling Wallsend High Street, the shop benefits from excellent foot traffic and visibility.
- Efficient Operation: The bakery operates with modern electric equipment, eliminating the need for gas.
- Spacious Facility: Encompassing 120 square metres, the premises include ample space for production and customer service.
- Fully Equipped: All necessary equipment required for smooth operation is included.
- Hygiene Excellence: The shop has attained a 5-star hygiene rating, adhering to the highest food safety standards.
- Business Costs: The leasehold incurs an affordable rent of £230 per week, and the business is exempt from business rates, leading to substantial savings.
Additional Opportunities for Growth:
Monapeteet Cake Shop offers substantial growth potential. A new owner could consider expanding the menu, offering catering services, or enhancing marketing strategies to increase turnover further. The shop's location and loyal customer base provide a solid foundation for these expansions.
Investment Rationale:
Monapeteet Cake Shop is a profitable venture ideal for experienced entrepreneurs or those entering the bakery business for the first time. Its established reputation, alongside its prime location, makes it a sound investment with the potential for immediate returns.
Financials:
The cake shop is priced attractively at £40,000. The current turnover stands at £50,000, and annual rent is £12,000. The price includes all stock, and the premises are fully fitted with all fixtures and fittings required for operation.
Amenities and Features:
- Located in a bustling town center, near various shops, restaurants, and public services.
- Fully equipped kitchen with commercial-grade appliances.
- Spacious customer seating area featuring modern decor.
- Ample storage for ingredients and supplies.
- Display counters for showcasing baked goods.
- Designated preparation and cleaning areas.
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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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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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