Bistro business for sale in East Molesey Surrey with diverse menu options available
East Molesey, Surrey
- Status
FOR SALE
- Advert ID
634908
- Leasehold: £65,000
- Rent: £21,000 (£1,750 per month)
- Turnover: £150,000 (£2,885 per week)
- Profit: £60,000 (40% Profit margin)
Business Details
Breakfast Lunch Dinner Cafe Bistro Business for Sale
An established bistro located in East Molesey, Surrey, offers a diverse menu featuring breakfast, lunch, and dinner options, which include both traditional and vegan dishes. The bistro benefits from a prime location opposite Hampton Court Station, enjoying high visibility and foot traffic that attract a steady stream of customers.
The bistro has been in operation for one year, and the owner has successfully managed the business during this time. Pricing is set attractively, and special offers are implemented to encourage repeat business as well as to draw in new customers.
Competition in the area is minimal, as this bistro is the only one of its kind on the street. There are various nearby amenities, including shops and restaurants, that further enhance its appeal. The business is sold as a leasehold for £65,000, with a current turnover of £150,000 and an annual rent of £21,000, resulting in a profit margin of £60,000.
Included in the sale are fixtures and fittings, adding further value to the offer. There has been a noticeable increase in turnover over the past year, showcasing the business's growth potential. Currently, the bistro employs three staff members and maintains an online presence to improve marketing and outreach.
The reason for selling the business is due to the owner's plans to move abroad, presenting an opportunity for prospective buyers to take over and continue its success.
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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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