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Established Gluten-Free Cake Shop With Vegan Options For Sale in Kingston, London

Kingston upon Thames, London
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  • Leasehold: £69,999
  • Turnover: £160,000 (£3,077 Per week)
  • Net Profit: Not Applicable

Business Details

Established Cake Shop For Sale

Business
Please quote reference B08449

CoGoGo presents to the market Glutopia Cake Boutique a well-established and thriving cake shop in Kingston Upon Thames, ideally situated in a high-footfall area with excellent passing trade.

The business has goodwill and a loyal customer base, as the business has been established for over 15 years.

Renowned for its exceptional artisan creations, this 100% gluten-free bakery caters to a growing demand for dietary-friendly, bespoke cakes, including vegan options, making it a unique offering in the local market.

Key Features:

  • Speciality Products: A diverse range of freshly baked cakes, including gluten-free and vegan options, catering to weddings, birthdays, and other celebrations. The shop also serves baked goods like brownies, all crafted on-site daily.
  • Prime Location: Positioned in the bustling Kingston area, ensuring high visibility and consistent customer flow.
  • Online Presence: A robust website (glutopiabakery.com) and social media channels for promoting services, taking orders, and showcasing bespoke designs.
Growth Opportunities:

  1. Extended Hours: Introducing longer operating hours or offering evening services for events could capture additional revenue streams.
  2. It is possible to add seating and tables for customers to ‘sit in’ and serve coffee and serve food onsite.
  3. There is potential to add a fully fitted kitchen to the ground or first floor.
  4. There is potential to to rent a car parking space, in the underground car park to the rear of the building.
  5. Delivery Service Expansion: Partner with platforms like Uber Eats or Deliveroo to offer delivery options for cakes and baked goods.
  6. Wholesale Opportunities: Supply to local cafes, restaurants, or event venues to increase sales.
  7. Workshops and Classes: Introduce baking or cake-decorating classes to attract enthusiasts and generate additional income.
  8. Custom Catering: Expand offerings to cater for corporate events and larger-scale parties.

     

     

The owners, are selling due to health issues and commitments to other business ventures. This presents a rare chance to acquire a well-regarded business with a proven track record and loyal customer base.

This is a fantastic opportunity for an aspiring entrepreneur or existing business owner to step into a profitable enterprise with significant growth potential. Act now to secure this rare gem in the thriving Kingston market!



Location
Glutopia Cake Boutique is located at 3, The Griffin Centre, Kingston upon Thames KT1 1JT.



Premises
The bakery operates from a well-maintained leasehold premises with ample space for production, display, and customer service. The shop includes a modern, fully equipped kitchen, a welcoming storefront with attractive displays, and storage facilities. Recent investments in equipment ensure that the business is ready to continue operations seamlessly.



Tenure
The business is offered on a leasehold basis, with 7 years remaining on the lease. Flexible lease terms may be negotiable with the landlord, providing opportunities for long-term stability.



Hours
Current Business Hours

Monday to Friday: 10 am–7 pm

Saturday: 9 am–8 pm

Sunday: 10 am–6 pm

Suggested New Hours To maximize turnover and attract additional customers, extending hours earlier in the morning for breakfast options or later evenings could be explored.



Staff
The business is currently managed by the owners, with support from part-time staff during peak periods. There is scope to increase staffing levels as the business grows or for a hands-off operator to take over and focus on expansion.

No employees come with the sale.



Financial Profile
This business generated a turnover of £160,000. Full financials can be made available upon request.



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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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