Cafe kiosk for sale in London, located at a prime station with local presence and potential
City of London, London
- Status
WITHDRAWN
- Advert ID
655703
- Reference
B09755 / Rightbiz
- Call Agent:
- Leasehold: £59,999
- Turnover: £96,000 (£1,846 per week)
- Profit: £36,000
Business Details
Popular Station Side Cafe Kiosk
BusinessPlease quote reference B09755
CoGoGo is delighted to bring to the market K.afe, a modern and well-positioned cafe kiosk trading directly outside Totteridge & Whetstone Underground Station in North London.
Owned for approximately 3.5 years, the business has built a strong local presence, benefitting from commuters, residents and passing trade throughout the week. Its convenient grab-and-go format and prominent station-side setting make this an exciting opportunity for an owner-operator or cafe entrepreneur. The business is offered for sale due to the owner moving abroad.
With an established trading base, attractive profitability and plenty of potential to develop the offering further, this is a compact business with big appeal.
Viewings to be arranged strictly by appointment only via CoGoGo!
Location
K.afe occupies a superb trading position on Totteridge Lane, London N20, directly outside Totteridge & Whetstone Underground Station. This highly convenient location provides excellent visibility and access to regular commuter traffic alongside an established local residential catchment.
Premises
The business operates from a compact leasehold kiosk, ideally suited to a fast-moving cafe and takeaway model. Its station-side position supports efficient service and convenient grab-and-go trade, while the manageable footprint helps keep operating requirements streamlined.
Tenure
We are advised that this opportunity is being sold on a Leasehold basis.
Hours
The business currently trades:
Monday to Friday: 7:00 am to 6:00 pm
Saturday & Sunday: 9:00 am to 6:00 pm
Staff
The business is currently run and managed by our client, presenting an attractive opportunity for a hands-on owner-operator.
Financial Profile
We are advised that the business generates an annual turnover of approximately £96,000, with a net profit of approximately £36,000.
Current stock is advised to be approximately £2,000, while business rates are currently £0, helping maintain an attractive overhead profile.
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This listing has been withdrawn by the seller or their agent. Please check back soon for any future updates.
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.
Be safe, use a Rightbiz Solicitor
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