CONFIDENTIAL
FOR SALE
638512
S1904 / Rightbiz
An excellent opportunity to acquire Time For Tea, a well-established and highly regarded vintage tearoom occupying a prominent High Street position in a thriving Somerset village.
Established in 2014, Time For Tea has developed an enviable local reputation and a loyal base of repeat customers, complemented by a steady flow of visitors to the area. The business is known for its warm, welcoming atmosphere, charming vintage character and quality homemade food.
The tearoom offers a popular and varied menu, including breakfasts, light lunches, hot and cold drinks, homemade cakes and traditional afternoon teas, making it a much-loved destination for both local residents and visitors.
Having successfully traded for more than a decade, the business has demonstrated consistent and sustainable growth, achieving a peak annual turnover of approximately £100,000.
The current owner is now looking towards retirement, presenting an exciting opportunity for a new owner to acquire a fully operational, turnkey business with an established brand, loyal customer base and considerable scope for further development.
Key Features
While the business is already well established, there are numerous opportunities for a new owner to increase turnover and profitability.
Potential avenues for growth include:
These opportunities provide an incoming owner with the potential to build upon the existing success while retaining the character and reputation that have made Time For Tea so popular.
Time For Tea would suit a variety of purchasers, including an owner-operator, hospitality professional, entrepreneurial couple or family, as well as someone seeking an established lifestyle business with proven trading performance.
With its established reputation, attractive vintage character, loyal customer following and clear opportunities for expansion, Time For Tea represents an exciting opportunity to acquire a genuine turnkey hospitality business in a desirable Somerset location.
Offers invited.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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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