Established Waffle Cafe in Tring Hertfordshire with Growth Potential for Sale
Tring, Hertfordshire
- Status
FOR SALE
- Advert ID
629875
- Leasehold: £85,000
- Rent: £14,000 (£1,167 per month)
- Turnover: £180,000 (£3,462 per week)
- Profit: £40,000 (23% Profit margin)
Key Features
- High Turnover
- Offers Invited
- Accounts Available
- Prime Location
Business Details
Desserts Cafe Waffle Shop Great business
Located in a prime spot in the heart of Tring, Hertfordshire, this established waffle shop cafe presents a remarkable business opportunity. Over the last two years, it has built a loyal customer base, yet remains underutilized, boasting tremendous potential if operated five days a week. The business is set in a charming corner building, attracting customers with its inviting atmosphere and high-quality offerings.
The cafe features a varied menu specializing in both sweet and savory waffles, complemented by a selection of popular beverages, including milkshakes, coffee, and teas. A well-established outdoor seating area enhances the dining experience, while the tastefully designed interior adds to the cafe's appeal.
Priced at £85,000, this leasehold opportunity includes an impressive turnover of £18,000 and a profit margin of £40,000. The annual rent is set at £14,000. Buyers will appreciate the turnkey nature of the purchase, with all fixtures, fittings, and stocks included in the price, ensuring immediate operational capacity.
The current owner is offering comprehensive training and handover support to facilitate a smooth transition for the new proprietors. Additionally, the cafe already maintains an active online presence, which could be leveraged to further increase its customer reach and profitability.
This small business, ripe for growth, has its accounts readily available for review and invites offers from serious buyers. With its high turnover and potential for expansion, coupled with a new lease opportunity, this business stands out as an exceptional investment in a sought-after location.
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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.
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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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