Bakery and café for sale in Turnpike Lane Islington with fully equipped kitchen
Islington, London
- Status
FOR SALE
- Advert ID
636671
- Leasehold: £140,000
- Rent: £36,000 (£3,000 per month)
- Turnover: £286,000 (£5,500 per week)
- Profit: Not Applicable
Key Features
- Accounts Available
- Small Business
- New Lease
- Fully Fitted
Business Details
CAFE PATISSERIE FOR SALE IN TURNPIKELANE
Bakery & Café for Sale – Prime Location Near Turnpike Lane Station, London
Location
This bakery and café is located on one of London’s busiest high streets, just a short walk from Turnpike Lane Station and conveniently close to a bus stop. This prime location ensures exceptional foot traffic and a steady flow of customers throughout the day.
Business Features
- Fully equipped professional kitchen
- Stylish display units, refrigeration equipment, coffee machines, and bakery tools
- Included equipment and stock valued at approximately £130,000
- An established and loyal customer base
- A team of experienced staff ready to work
Current Financials
The business experiences significant financial activity:
- Peak season turnover: £6,000 – £6,500 per week
- Off-season turnover: £5,000 – £5,500 per week
The monthly rent for the premises is £3,000, while the asking price for the business is set at £140,000.
Key Advantages
- High potential for turnover and profitability
- Turnkey business opportunity with everything in place
- Consistent customer traffic due to an optimal location
- Ideal investment for both entrepreneurs and investors
Additional Details
For further details and to schedule a viewing, please contact us. Important highlights include:
- Modern interior design with stylish furnishings and vibrant decor
- Well-equipped display cases showcasing a variety of pastries and desserts
- Comfortable seating arrangements perfect for casual dining or coffee breaks
- An established brand with a loyal customer base
FAQs
How many years has the business been established?
Nearly one year.
Are any fixtures and fittings included in the price?
Yes, everything is included.
Has there been an increase in turnover over the year?
Yes.
What are the reasons for selling?
The owner is relocating abroad.
How many employees do you have?
Currently, there are four employees.
Does the business have an online presence?
Yes, it has a website and an Instagram account.
Will training be provided for the new owners?
Yes, training will be offered.
Additional Opportunity: Café Patisserie for Sale in Turnpike Lane
A patisserie in Islington is also available for sale. This leasehold opportunity is offered at a negotiable asking price, with a current turnover of £286,000. The annual rent is £36,000, and all stock is included in the price. Financial accounts are available for review.
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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.
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.
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