Asian Indian Sweets Dessert Shop for Sale in Luton Bedfordshire on a Busy High Street
Luton, Bedfordshire
- Status
FOR SALE
- Advert ID
653289
- Leasehold: £49,999
- Rent: £12,000 (£1,000 per month)
- Turnover: £120,000 (£2,308 per week)
- Profit: £35,000 (30% Profit margin)
Key Features
- Room for expansion and growth
- Secure storage area
- Separate storage and kitchenette facilities
- Shop lease for sale
Business Details
Asian Indian Sweets Dessert Shop for Sale in Luton
South Asian Mithai & Dessert Shop for Sale – Prime Luton High Street Location
An excellent opportunity to acquire a well-established South Asian sweets and dessert business situated on a busy high street in Luton, benefiting from strong footfall and ample customer parking.
Established from scratch over the past three years, the business has built a loyal customer base and enjoys a strong reputation within the local community. The shop specialises in Bangladeshi, Pakistani and Indian sweets (Mithai/Mishti), desserts and related products.
The business was originally opened for my father, who is now retiring and relocating abroad. As I already operate my own takeaway business, I am unable to dedicate the time required to manage two businesses simultaneously.
Business Highlights
- Established and trading successfully for 3 years
- Busy high street location with excellent visibility
- Ample parking nearby
- Strong local customer base
- Significant proportion of repeat customers
- Additional rental income generated from an in-store Boba station
- Healthy gross margins, with net profit estimated at around 30%, depending on product mix
- Suitable for an owner-operator or experienced catering entrepreneur
- Potential for further growth and expansion
Included in the Sale
- Leasehold business
- Existing lease assignment
- Fixtures and fittings
- Remaining stock
- Cold room (cost in excess of £8,000)
- Display refrigeration units (cost in excess of £5,000)
- Equipment receipts available for inspection
The business currently supports one full-time and one part-time position and offers an excellent opportunity for a hands-on operator to further develop and grow the brand.
The valuation reflects the business's trading performance, profitability, goodwill, fixtures, fittings and stock.
Serious enquiries only.
Further information can be provided to genuinely interested purchasers following initial discussions.
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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.
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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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