FOR SALE
645243
Discover an inviting takeaway bakery and coffee shop situated in the vibrant LN1 area of Lincoln, recently opened just eight months ago. This establishment offers a perfect blend of modern charm and a welcoming atmosphere, making it an attractive destination for both casual visitors and loyal customers.
With a beautifully designed interior and ample seating, the shop provides the perfect setting for guests to relax and enjoy a selection of specialty offerings. The menu features a delightful array of artisan bread, pastries, sandwiches, and salads, appealing to a variety of tastes. Coffee enthusiasts will appreciate the high-quality brewing equipment that ensures each beverage is crafted to perfection, elevating their experience further.
The bakery boasts eye-catching storefront signage that not only highlights its diverse product offerings but also successfully encourages foot traffic. This visibility, combined with a strong community presence and an established customer base, sets the stage for remarkable growth potential under new ownership.
Business Overview
The premises are nestled within a mixed-use area that benefits from nearby residential properties and local businesses. This advantageous location contributes to a steady flow of passing trade, providing a solid foundation for ongoing customer growth. While competition consists of a mix of independent food businesses, this situation creates ample opportunities for differentiation and continual improvement of services.
Growth Potential
As a relatively new venture, the bakery has demonstrated clear growth potential, evidenced by its early performance. The current owner has yet to implement comprehensive marketing strategies, leaving substantial room for turnover increase with the right focus and initiatives. This opportunity ensures that the new owner can make a significant impact shortly after taking control.
Sale and Transition
This business is being offered for sale due to personal circumstances and a desire for a change in focus, presenting an excellent opportunity for an enthusiastic buyer to step in and harness its full potential. Included in the sale price is a fully equipped workspace featuring modern food preparation and operational equipment, as well as all necessary business assets for seamless operation.
To facilitate an easy transition, the current owner will provide a comprehensive handover along with basic operational training, ensuring that the new owner is well-equipped to manage the business effectively. Any alterations to the concept or menu will be at the new owner’s discretion, allowing for a personalised touch in operations.
Financial Details
The leasehold price for this promising bakery and coffee shop is £20,500, with an annual rent set at £8,400. All current stock is included in the sale price, making it a completely operational opportunity for the new proprietor.
This vibrant establishment is ideally suited for an owner-operator looking to capitalise on its existing momentum and enhance its offerings further. With opportunities for marketing enhancement, extended hours, and even lease renewal, the bakery and coffee shop stands poised for continued success.
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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