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CONFIDENTIAL
FOR SALE
646429
Charming and welcoming independent coffee shop, complete with an alcohol licence, that has become a beloved hub for the local community. With a reputation for serving delicious coffee and a simple yet appealing menu, this establishment has created a vibrant atmosphere that draws in patrons looking for both quality and comfort. Fun events further enhance the sense of community spirit, making it an ideal setting for anyone eager to take the reins of a thriving business.
Established for three years, this independent coffee shop has flourished under current ownership, who have also held the business for three years. It is perfectly positioned for a self-employed individual with a passion for coffee and cooking or for an ambitious manager wishing to build on the business's current successes with the support of an existing team of five employees.
Location and Market Position
The coffee shop benefits from its strategic location amidst an array of nearby amenities, including restaurants, shops, pharmacies, tourist attractions, student halls, and churches, all of which contribute to a steady stream of potential customers. Furthermore, there are no other independent coffee shops on the same street, ensuring a unique market position with less competition.
Turnover and Growth Potential
This business has demonstrated promising growth, with increased turnover over the past year reaching £60,000. The annual rent is set at £15,240, making this a manageable and attractive leasehold opportunity for prospective buyers. Included in the purchase price are all fixtures, fittings, tables, chairs, and decorative items necessary for immediate operation.
Community and Online Presence
A strong online presence on platforms such as Instagram and TikTok amplifies the coffee shop's reach to potential clientele. The inviting atmosphere and homemade food and drinks have cultivated a loyal following, resulting in high levels of pedestrian foot traffic, which is essential for long-term success. The business also features partnerships with local artisan food suppliers, enhancing its appeal.
Opportunities for New Owners
This coffee shop presents an excellent opportunity for first-time operators or those looking for self-employment. With a lean operational structure and low overhead costs, it promises both immediate business takeover and operational start. New owners will benefit from the goodwill established in the community and can expect minimal training requirements for staff, allowing them to focus on expanding the business further.
This leasehold opportunity offers a lucrative trading position in a sought-after tourist area, making it an ideal investment for anyone looking to step into a rewarding and profitable lifestyle.
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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