Thriving Italian bakery with strong profits and growth potential in Bedford awaits new owner!
Bedford, Bedfordshire
- Status
FOR SALE
- Advert ID
631978
- Reference
VC476 / Rightbiz
- Call Agent:
- Leasehold: £49,950 (Stock at valuation)
- Turnover: £90,000 (£1,731 per week)
- Profit: £42,000 (47% Profit margin)
Key Features
- Potential for Alternative Use
- Accounts Available
- Price Reduced
- Adjacent to Multiple Retailers
Business Details
PROFITABLE LEASEHOLD ITALIAN BAKERY AMALFI PASTICCERIA IN BEDFORD PRICE REDUCED
This independent, popular, profitable Italian Bakery business has been built from scratch by our client over the last 16 years. Based in Bedford, this bakery operates from one half of a large premises, after many successful years of trading the owner has decided to bring the business to market for the first time. A fantastic opportunity for a ‘hands on’ Owner/Operator to take on an already profitable going concern.
The Business produces a healthy turnover and margins financial accounts show consistent average turnover of over £90,000 for the last 2 financial years, with an adjusted net profit in excess of £42,000. This turnover and net profit could easily be increased if the owner decided to expand the business into the other areas of the premises with space for a café/bistro/deli.
This extremely popular Italian bakery has an enviable reputation with an emphasis on fine quality ingredients, prepared and baked on site. This is backed up by excellent service confirmed by its Trip Advisor score of 4.5 (Previous reviews from 2017 bring score down to this!) Google reviews of 4.7 and Facebook reviews of 4.6 as well. The business has a 5* hygiene rating and is without doubt one of the best establishments of its kind that you will come across.
The business is ideal for owners who want a turnkey successful business with immediate returns and a business that is still growing! Price to include the goodwill of this going concern, the assignment of the commercial lease and the entire inventory of trade fixtures, fittings and equipment.
Ref. VC476B.
Please make first contact with Vandervells as we are handling all enquiries on behalf of the owner.
VIEWING STRICTLY BY APPOINTMENT ONLY, APPOINTMENTS WILL ONLY BE OUTSIDE OF OPENING HOURS – PLEASE DO NOT MAKE DIRECT CONTACT AND UPSET THE VENDOR – THE STAFF ARE UNAWARE OF THE SALE.
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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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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.
Be safe, use a Rightbiz Solicitor
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