FOR SALE
631753
Introducing a charming breakfast and brunch café located in Palmers Green, London, which opened its doors in May 2024. Since its inception, this establishment has experienced remarkable growth, doubling its turnover and establishing itself as a popular destination for both local residents and social media-driven customers. The café represents an exceptional investment opportunity, especially given the upward trend in revenue. However, due to family commitments, the current owner is regrettably seeking to sell.
This café benefits from its proximity to a train station and various local amenities, making it an easily accessible spot for patrons. Furthermore, the sale includes all fixtures and fittings, ensuring that the new owners can seamlessly continue operations without the need for additional upfront investments. The business has shown a consistent increase in turnover over the past year, indicating a solid customer base and growing market presence.
The café employs three dedicated staff members, contributing to its warm and inviting atmosphere. It also boasts a robust online presence through platforms like Instagram and TikTok, which have significantly aided in attracting a diverse clientele. The seller is willing to provide training opportunities for the new owners, ensuring they are well-equipped to take over the business smoothly.
The leasehold price is set at £95,000, with the current turnover documented at £156,000. The annual rent for this thriving café is £25,000, making it a noteworthy venture for anyone looking to invest in a flourishing business.
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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