Thriving Romford café with loyal customer base and prime location now available for purchase
Romford, London
- Status
FOR SALE
- Advert ID
632427
- Leasehold: £115,000 (Stock at valuation)
- Rent: £18,800 (£1,567 per month)
- Turnover: £215,000 (£4,135 per week)
- Profit: On request
Business Details
Cafe serving Breakfast & Sandwiches for sale in Romford London regular customers
For Sale: Established Café in Romford, London
This charming café has been a beloved fixture in Romford for 25 years, attracting regular customers and serving delicious English breakfasts. With a prime location in the town center, the establishment benefits from the hustle and bustle of local amenities, including shops and restaurants that help draw more patrons to the area.
The current owner has successfully run the café for the past 20 years and is seeking to sell due to health issues. This presents a unique opportunity for a new owner to step in and continue the legacy of a thriving business with established clientele.
One of the notable advantages of this café is that it faces little to no competition in the vicinity, as it is the only café in the area. This exclusivity can be greatly beneficial for your business growth. The café currently has four employees who are familiar with the operations and can assist in the transition.
As part of the sale, the owner is willing to provide training opportunities to ensure that the new owners can build on the existing success. The café is a leasehold opportunity, with a current turnover of £110,000 and an annual rent of £18,800. It comes fully fitted and ready for operation.
If you're looking for a small business with a solid foundation in a bustling location, this café could be the perfect venture for you. Inquire for the asking price and further details.
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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.
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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.
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.
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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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