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CONFIDENTIAL SALE
FOR SALE
626402
The café and bakery located in Coventry, West Midlands, is now available for sale. It has an established presence in the local community for 40 years. Currently, the business is priced at £44,900 for the leasehold, with an annual rent of £5,500. This sale presents an opportunity for investors or entrepreneurs to acquire a well-regarded establishment.
The current owner has operated the business for 7 years, during which they have taken care to maintain its reputation and customer base. The sale is prompted by the owner's commitment to managing three other businesses, leading to the decision to hand over the reins of this well-loved café and bakery. The owner is seeking a buyer who can continue the business’s legacy and maximize its potential.
This café enjoys a strategic location surrounded by various amenities, including shops, restaurants, and public services that are instrumental in drawing in customers. Additionally, the business currently operates online, providing further outreach to potential patrons.
The area has minimal competition, with only one other breakfast place and a café nearby. Prospective buyers will also benefit from included fixtures and fittings, offering a seamless transition into operations. The business employs two staff members, making it a manageable venture for an incoming owner.
This sale is driven by the owner's focus on other business interests, rather than any decline in business performance, ensuring that the opportunity remains promising for growth and continued success.
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.
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
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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