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FOR SALE
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For sale is a bespoke cake and catering shop in the vibrant area of Southsea, standing as a unique opportunity for aspiring entrepreneurs. Established in 2012, this business has grown significantly and showcases an impressive track record, having tripled its turnover since relocating to a prominent retail space. Currently, the shop enjoys a turnover of £160,000, with an annual rent of £17,500 and a profit margin of £24,000. The appealing leasehold price is set at £85,000.
Situated just off the pedestrian high street, the shop benefits from a variety of nearby amenities that attract a steady flow of customers. There are no direct competitors in the form of other patisseries, although a couple of local bakeries offer different products, allowing this establishment to stand out. Its reputation is bolstered by a loyal customer base and positive reviews from satisfied clients.
The shop features a fully equipped kitchen capable of producing exceptional artisan cake creations. All fixtures and fittings are included in the sale, ensuring a seamless transition for new owners. The business comes with all current stock inventory, allowing immediate operation without the hassle of sourcing ingredients and materials.
Commitment to Quality and Growth
This thriving shop emphasises high-quality bespoke cakes, made with premium ingredients. There is substantial growth potential not only in product range but also by leveraging existing online platforms. Currently, the business has a luxury branded website and active social media engagement, particularly on Facebook. The records provided indicate a well-established weekly turnover complemented by a strong financial foundation.
Support for New Owners
The current owner is ready to offer a handover period of 2-4 weeks, ensuring that new proprietors have all the necessary support to maintain the business’s momentum. With two dedicated employees already in place, this is a turnkey operation that promises both stability and the potential for further expansion. Additionally, the modern decor and fittings create a welcoming atmosphere that appeals to a wide range of customers, suitable for various occasions.
Unique Selling Proposition
As a specialist shop, this business is not just another bakery; it offers unique and high-quality products that resonate with discerning customers. The shop's long-standing trading history and strong supplier relationships further reinforce its established position in the market. Open to reasonable offers, this opportunity is perfect for someone looking to step into a well-regarded business with ample room for innovation and growth.
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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