Leasehold coffee house for sale in Bedford with strong potential for new ownership
Bedford, Bedfordshire
- Status
FOR SALE
- Advert ID
633159
- Reference
VC479B / Rightbiz
- Call Agent:
- Leasehold: £59,999 (Stock at valuation)
- Turnover: £175,000 (£3,365 per week)
- Profit: £30,000 (18% Profit margin)
Key Features
- Town Centre location
- Close to Local Amenities
- Small Business
- Established Business
Business Details
FRESCOES COFFEE HOUSE BEDFORD, INDEPENDENT PROFITABLE AND LEASEHOLD PRICE REDUCED
Frescoes is a well known, highly respected, professionally run and long-established coffee lounge situated in the market town of Bedford, easily accessible from the riverside embankment, major car parks and retailers. The business has been in its current location since 2002, this landmark business is renowned for its professional service, high levels of customer care and excellent produce including ‘own brand’ coffee.
With a current turnover of over £175,000 and an adjusted net profit of £30,000 which could be easily raised to over £50,000 for a full-time working couple, this is a business that needs to be viewed. With room for an increase in hours into the evening bistro market and an alcohol licence already in place, new enthusiastic owners could see a remarkable return on their investment.
Price to include the goodwill of this excellent profitable, reliable and sustainable going concern, the renowned trading name, the current lease and the entire inventory of trade fixtures, fittings and equipment. Our client will also provide any advice or assistance on handover if required.
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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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