Coffee shop for sale in Penarth Vale of Glamorgan with a loyal customer base and growth potential
Penarth, Vale of Glamorgan
- Status
FOR SALE
- Advert ID
644806
- Reference
B09340 / Rightbiz
- Call Agent:
- Leasehold: £39,995
- Turnover: £142,974 (£2,750 per week)
- Profit: £11,292 (8% Profit margin)
Business Details
Pouring Profits: Stylish Coffee Shop for Sale
BusinessPlease quote reference B09340
CoGoGo presents an exciting opportunity to acquire a stylish, contemporary coffee shop that has quickly established itself as a popular destination since opening in July 2023.
Memo Bay Cafe is a vibrant, modern business with a strong brand presence, loyal local following and excellent online visibility. Offered as a business sale via the limited company, this opportunity is ideal for an owner-operator or investor seeking a turnkey hospitality venture with solid foundations and clear scope for growth.
Memo Bay Cafe trades as a modern, welcoming coffee shop offering quality coffee and light food in a relaxed, contemporary setting. Since launch, the business has developed a recognisable brand and a loyal customer base. Operated through Voyn Limited, the sale is structured to allow a buyer to take over the company and continue trading seamlessly, with the benefit of existing systems, branding and goodwill already in place.
There is clear scope to further increase turnover through extended opening hours, menu expansion, delivery partnerships and enhanced marketing activity.
This is a fantastic opportunity to acquire a young, profitable and well-branded coffee shop in a major city location, with strong margins, modern appeal and plenty of room to grow.
Early viewing is strongly recommended.
Location
The business is located in Cardiff, benefiting from good footfall and a strong local customer base. The area is well served by nearby residential and commercial occupiers, creating consistent daytime trade and repeat custom. The cafe enjoys additional exposure through its strong online presence and positive engagement across social media and search platforms.
Premises
The premises are well presented and suited to the current style of trade, with assets included within the sale. We are advised that the total asset value, including stock, is approximately £40,000. The layout supports efficient service and a welcoming customer environment, ideal for both takeaway and sit-in trade.
Tenure
We are advised that the business trades from leasehold premises with approximately eight years remaining on the lease. Rent is £5,250 inclusive of VAT per quarter, paid four times per year. We are advised that the landlord is open to a straightforward transfer of occupation, including company takeover or replacement, helping ensure a smooth transition for an incoming buyer.
Hours
The current operating hours are:
Monday to Saturday - 9:00 am to 6:00 pm
Sunday - 10:00 am to 6:00 pm
Staff
The business is run with the support of three employees, allowing for smooth day-to-day operations. Staffing levels are appropriate for current trading patterns, making the business manageable for either a hands-on owner or a semi-managed model.
Financial Profile
We are advised that the business generates a turnover of approximately £150,000 per annum. Full financial information can be made available to genuinely interested parties.
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Listing Statistics
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Stay Safe
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.
Stay Safe
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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