Brunch cafe for sale in Hornchurch London newly refurbished with a loyal customer base
Hornchurch, London
- Status
FOR SALE
- Advert ID
650621
- Leasehold: £60,000
- Rent: £18,000 (£1,500 per month)
- Turnover: Not Applicable
- Profit: Not Applicable
Key Features
- Quick sale price consideration
- Refurbished with new equipment
Business Details
Brunch cafe newly refurbished
We are pleased to present an exciting opportunity to acquire a well-established brunch bar, available for sale due to personal circumstances. This thriving business has been successfully operating for four years and has been lovingly owned and managed by the current proprietor during that time. The establishment is situated in a prime location, providing a solid foundation for continued growth and profitability.
The premises are available with a seven-year lease at a competitive rate of £1,500 per month. Additionally, the business incurs monthly business rates of £240, ensuring minimal overhead while operating in a vibrant area. The asking price for a quick sale is £70,000, representing an appealing opportunity for those looking to enter the hospitality industry or expand their current ventures.
Included in the sale are various fixtures and fittings, with the premises recently refurbished and equipped with new machinery, enhancing both functionality and aesthetics. This provides a smooth transition for the new owner, allowing them to step into a fully operational business without the need for immediate investment in upgrades.
The decision to sell is driven by personal reasons, specifically separation, making it a timely opportunity for potential buyers. With a focus on a swift sale, interested parties are encouraged to consider this valuable proposition seriously.
Key Highlights of the Business:
- Established for four years with a loyal customer base
- Well-maintained premises with new equipment
- Strategically located to attract both regular patrons and new customers
This brunch bar offers the ideal environment for passionate entrepreneurs ready to make their mark. Seize this chance to lead a bustling business with a great reputation and ample growth potential.
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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.
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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