30-Year Established Cafe Restaurant on Willesden High Road, London, Great Potential
Willesden, London
- Status
FOR SALE
- Advert ID
626158
- Leasehold: £100,000
- Rent: £20,000 (£1,667 per month)
- Turnover: £247,000 (£4,750 per week)
- Profit: On request
Key Features
- Potential for Alternative Use
Business Details
Cafe restaurant in Willesden high road
The coffee shop, boasting over 30 years of successful operation, is strategically located on the bustling Willesden High Road in London. This prime location benefits from high foot traffic, particularly with new flats being developed in the surrounding area, promising potential growth for the business. Despite its well-established reputation and loyal clientele, the current owner is eager to sell due to unexpected health issues and fatigue after 11 years of ownership.
The establishment features a spacious seating area adorned with modern decor, a fully equipped kitchen, and a comprehensive beverage station. It serves as a popular spot for breakfast, lunch, and dinner, catering to a diverse range of customers. Presently, the café is operated by a dedicated team of 3 to 4 employees, with a current turnover of £247,000.
This leasehold opportunity comes with an annual rent of £20,000, and the asking price is available upon request. The business not only offers a visible signage advantage but also promises increased profits under the management of an experienced new owner, as the increasing local residential developments are set to bring in more patrons. Serious inquiries and offers are welcomed from potential buyers.
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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.
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.
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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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