Profitable Salad and Wrap Bar in Holborn with Strong Customer Base and Growth Potential
City of London, London
- Status
FOR SALE
- Advert ID
632231
- Leasehold: £40,000 (Stock at valuation)
- Rent: £30,000 (£2,500 per month)
- Turnover: £156,000 (£3,000 per week)
- Net Profit: On request
Key Features
- Adjacent to Multiple Retailers
- Offers Invited
- Price Reduced
- Fully Fitted
- Attractive Business
Business Details
Salads and Wrap Bar for sale
Business Overview
This well-established salad and wrap bar is located in the prime area of Holborn Chancery Lane, City of London. With a strong weekly revenue averaging £3,000 to £4,000, and peak weeks exceeding £5,000, the business attracts over 400 customers each week, making it a lucrative investment for potential buyers.
Price and Inclusions
The business is available for sale at a price of £40,000. The sale includes equipment valued between £25,000 and £30,000, along with a website ordering system, ensuring a seamless transition to the new owner.
Growth Potential
The potential for growth is significant. Opportunities exist to enhance lunchtime and late-night sales, as well as expand direct ordering to minimize platform commissions. Additionally, there is an untapped catering market for events such as student parties and office gatherings, which could further increase revenue.
Additional Details
The business has been in operation for five years, and the current owner has successfully managed it for the last two years. There are two employees, and the business maintains an active online presence. Training and a full handover will be provided to ensure the new owners are adequately supported.
Location and Amenities
The location benefits from nearby amenities including shops, restaurants, and public services, which attract a steady flow of customers. The annual rent is set at £30,000, further underscoring the business's strong potential within a vibrant area.
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Listing Statistics
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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.
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