CONFIDENTIAL
FOR SALE
657134
An exciting opportunity to acquire a well-established independent licensed café and retail business in the Whitstable area of Kent. Established in 2016, the business has built an excellent local reputation, a loyal customer base and a strong record of consistent trading.
The business operates from attractive leasehold premises in a well-regarded commercial location. The premises are fully equipped and offer approximately 36 internal covers together with substantial private outdoor seating accommodating up to approximately 50 additional covers. The property also benefits from kitchen facilities, dedicated storage and established retail display areas.
The business combines a successful café operation with complementary retail sales, including a diverse selection of gifts. The premises are licensed for the sale of alcohol, providing an incoming owner with additional opportunities to develop the existing daytime operation. Latest completed annual turnover was approximately £175,000, with sales having grown over the last three completed financial years. Detailed financial information and accounts are available to genuine prospective purchasers following the appropriate confidentiality process.
The business currently operates five daytime trading sessions each week, providing a new owner with considerable scope to develop the operation further. Opportunities could include extending opening days or hours, making greater use of the premises licence for evening trading, developing events and private bookings, expanding online retail and developing the business's existing digital and social media presence.
The sale includes the established business and goodwill together with an extensive range of owned fixtures, fittings, furniture and operating equipment. Food and beverage stock held at completion is intended to be included, with retail gift stock available separately at valuation.
An experienced part-time team is already in place, providing continuity for a new owner. The business also benefits from established supplier relationships and a strong customer review profile.
The owners established the business almost ten years ago and have worked hard to develop it into the successful operation it is today, including successfully navigating the challenges of the Covid pandemic and continuing to grow the business afterwards.
The business is now being offered for sale solely because the owners are planning to relocate. This represents a genuine opportunity for a new owner to acquire an established operation with substantial goodwill while retaining considerable potential for further development.
Guide Price: £94,950 plus retail gift stock at valuation.
This is a strictly confidential sale. Further information, including the identity and precise location of the business, will be provided to suitably qualified prospective purchasers following completion of the appropriate confidentiality process. Prospective purchasers must not attempt to identify or approach the business, its employees, customers, suppliers or landlord directly.
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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