Café for Sale in Canterbury Near the Cathedral with Staffed Operation and Solid Turnover
Canterbury, KentEst. 6 years
- Status
FOR SALE
- Advert ID
643344
- Leasehold: £59,995
- Rent: £19,250 (£1,604 per month)
- Turnover: £160,000 (£3,077 per week)
- Profit: £11,000 (ROI 18.33% • Payback 5.45 years)
Key Features
- High-quality fixtures and fittings
- Good weekly turnover
- Business training support
- Established cafe with growth potential
Business Details
Established Café for Sale in Canterbury – Staffed Operation – £160k Turnover
This established café is prominently located in Canterbury city centre, just a few doors from the main gates of Canterbury Cathedral, benefiting from exceptional footfall from tourists, students and local trade. The business has been successfully operated as part of a well-known local multi-site coffee group and enjoys a strong and consistent customer base.
The business generates approximately £160,000 in annual turnover with strong gross margins of around 79%. Under its current staffing structure, the business produced an operating profit of approximately £5,000 in the last financial year. When adjusted to remove group central overhead recharges, the maintainable profit is approximately £11,000 per annum.
The premises comprise a fully fitted ground-floor café with modern equipment and an efficient layout suitable for both takeaway and sit-in trade. In addition, the property benefits from a basement kitchen facility, ideal for food preparation or potential production use, and two upper floors, which are currently unused and offer significant scope for future development (subject to any necessary consents). Potential uses could include additional seating, office space, storage, staff facilities or alternative income streams.
The business is sold as a going concern and includes all fixtures, fittings and café equipment required to operate.
The café is currently operated as a fully staff-run business with an established team in place. All staff will transfer to the new owner under TUPE, providing continuity of service and allowing the buyer to acquire a genuine turnkey operation.
The business is being offered for sale due to the owners strategically refocusing on other sites within their group. This represents an excellent opportunity to acquire a highly visible, well-located café with experienced staff in place and clear potential to grow profitability through expansion, space utilisation or operational efficiencies.
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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.
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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.
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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.
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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.'.
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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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