Coffee shop for sale in Angel London with equipment included
City of London, London
- Status
FOR SALE
- Advert ID
644605
- Rent: £40,000 (£3,333 per month)
- Turnover: £190,000 (£3,654 per week)
- Profit: Not Applicable
Key Features
- Busy retail location
- Recent maintenance on facilities
- Seating capacity
- Strategic location benefits
Business Details
Offers in excess of £50k (inclusive of £30k worth of equipment), Coffee shop in Angel, EC1V 4NJ
This exceptional coffee shop for sale is ideally situated in the vibrant heart of Angel, London, a neighbourhood renowned for its commitment to high-quality specialty coffee. Focused exclusively on specialty-grade coffee, our business offers a distinct product that stands out from the offerings of standard high street cafés. Having recently opened a brand-new shop designed to the highest standards, the business is poised for exceptional growth from day one.
The location boasts a bustling atmosphere, with significant daily foot traffic from local residents, students, theatre-goers, and office workers. A major new office development has just completed nearby and is set to open shortly, which is expected to attract a large influx of new professionals to the area, further enhancing customer traffic. In addition to our quality coffee, we also serve a selection of complementary products, such as our exclusive specialty matcha drinks, which open additional avenues for revenue generation. With an excellent local reputation, a premium product range, and significant commercial expansion in the vicinity, this coffee shop presents remarkable potential for continued prosperity.
Key Features
Our coffee shop offers an inviting storefront that prominently features “Speciality Coffee,” attracting both passers-by and dedicated coffee enthusiasts. The spacious interior is adorned with modern décor and provides ample seating options for customers looking to enjoy their drinks in comfort. Additionally, the shop includes a fully equipped kitchen and sufficient storage space to accommodate supplies easily. Restroom facilities have been well maintained to ensure customer convenience, while the established customer base leaves room for further growth and expansion.
Business Background
This exceptional venture was established just one year ago, during which we have seen a consistent increase in turnover. As the current owner, I have also managed the business for a year and am prepared to offer training opportunities to the new owners, ensuring a smooth transition. Our team comprises four dedicated employees who share a passion for delivering top-notch service and high-quality products.
Financial Overview
The leasehold price for this thriving coffee shop is available on request, with a current turnover of £180000. The annual rent stands at £40,000, making this an attractive investment for anyone looking to step into a successful business operation in one of London's most dynamic areas.
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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.
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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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