Daytime Cafe and Coffee Shop for sale in Exmouth, Devon with modern premises and 64 covers.
Exmouth, DevonEst. 20 years
- Status
FOR SALE
- Advert ID
659175
- Reference
TR37361N / Rightbiz
- Call Agent:
- Leasehold: £99,500
- Turnover: £223,075 (£4,290 per week)
- Profit: £172,747
Business Details
DAYTIME CAFE COFFEE SHOP
Famous destination CAFE/COFFEE SHOP, proving highly profitable, situated in the popular developing EAST DEVON coastal resort of EXMOUTH, short walk seafront/beach, marina, and railway station. Occupying bustling town centre trading position, easily accessible and highly visible, fronting busy pedestrian, shopping, and vehicle thoroughfare, surrounded by other popular businesses to include national retailers, along with bus stops ensuring substantial pedestrian foot flow, surrounded by residential areas.
Superior modern premises, very well maintained, and presented to a high standard with substantial and valuable equipment inventory. Deceptive in appearance, extending to the rear a considerable length, providing 64 cover dining area, courtyard offering additional 20 alfresco covers, servery counter/waitress/coffee station, main kitchen/wash-up area, secondary 'cooking' kitchen, and cloakroom facilities.
Top performing business, offering popular affordable menu, enjoying strong local following with visitor boost, same owners for more than 20 years, retirement sale. Trades 6 day week, daytimes only, Sales £223,075 ex Vat, Gross Profit £172,747, very efficiently managed with Net Profits approaching 6 figures to working couple. Still offers further opportunities through takeaway trade, introduction of Sunday opening, alcohol licence, and teatime/evening trading, especially in the busy summer months.
Leasehold £99,500 sav, Ref: TR37361N
VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01404 813762.
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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.
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Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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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.
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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.
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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.
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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.
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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.'.
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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.
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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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