FOR SALE
656709
Lunch / Rightbiz
An outstanding opportunity to acquire a highly profitable and well-established café, coffee house and sandwich bar, occupying one of the town centre’s most prominent trading positions.
Successfully trading for over 10 years, the business has developed an excellent reputation amongst local residents, shoppers and the surrounding business community, with reported average weekly takings of approximately £8,000.
The substantial premises extend to approximately 1,600 sq ft across two floors and have been configured to maximise several income streams throughout the day. The business benefits from strong breakfast, sandwich, takeaway and coffee trade before transitioning into a popular daytime and evening food operation.
Internally, there is seating for approximately 50 customers, comprising around 30 covers on the ground floor and a further 20 upstairs.
A major feature is the attractive outside seating area providing approximately 30 additional covers, creating excellent visibility and valuable additional capacity during busy periods and warmer months.
The business is supported by an experienced team of approximately 6–7 full-time and 4 part-time staff, providing an established operational structure for an incoming purchaser.
The premises are held on a lease with approximately 3–4 years currently remaining. The existing tenancy benefits from Landlord and Tenant Act protection, with the opportunity to negotiate an extension, providing an incoming purchaser with a route towards longer-term occupation.
The combination of its 10 year trading history, prominent location, substantial premises, strong weekly sales and approximately 80 internal/external covers makes this an attractive opportunity for an owner-operator, experienced hospitality group or established café brand.
There is further potential to increase revenue through extended trading hours, delivery platforms, corporate catering, events, enhanced takeaway operations and continued development of the evening trade.
Key Highlights
Leasehold Asking Price: £299,950
Further financial, lease and operational information is available to qualified purchasers following completion of the required confidentiality documentation.
IMPORTANT PURCHASER INFORMATION
The business is being marketed under a Sole Selling Agent Agreement. All prospective purchasers and viewing requests are subject to qualification and vetting, which may include proof of funds, identification and confidentiality documentation prior to the release of sensitive information or arranging a viewing.
Where a purchaser wishes to secure the business and obtain a period of exclusivity, a reservation fee may apply, subject to the applicable reservation terms and conditions.
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
Get SolicitorThe data showed regarding this advert 'Highly Profitable Café, Coffee House & Sandwich Bar – Prime Town Centre - Lunch / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.