Coffee shop for sale in Northallerton, North Yorkshire with loyal customer base and expansion potential
Northallerton, North Yorkshire
- Status
FOR SALE
- Advert ID
657275
- Reference
RB10771 / Rightbiz
- Call Agent:
- Leasehold: £47,500 (Stock at valuation)
- Turnover: £165,000 (£3,173 per week)
- Profit: On request
Business Details
Highly Regarded, Popular and Welcoming Coffee Shop Business
Alan J Picken are delighted to offer this highly regarded, popular and welcoming coffee shop business in the heart of Northallerton onto the market.
The business has established an excellent reputation and a strong, loyal customer base, attracting customers from Northallerton and the surrounding areas. Offering a delicious selection of food and beverages, the business currently trades six days a week and benefits from a successful combination of local regular customers, visitors and tourists from further afield.
Currently operating Monday to Saturday, there is significant scope for a new owner to further develop the business by extending trading hours into the evening, potentially until 9:00pm, as well as opening seven days a week. These opportunities provide considerable potential to increase turnover and maximise the trading potential of this well-positioned business.
Taking circa £165,000 on March 2025 accounts.
Gross Profit circa 70%
Only by personal inspection do we consider that justice can be given to the deceptively spacious premises, with all necessary quality fixtures, fittings and quality equipment.
We trust this will prove a highly successful acquisition, especially for a dedicated, enthusiastic working proprietor to continue to develop the business and derive maximum profits.
Early inspection of this magnificent opportunity is strongly recommended even for the most discerning of purchasers.
Business: £47,500 SAV
Leasehold
Northallerton
Reference: RB10771
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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.
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.
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