Beautifully appointed franchise resale bakery and dessert parlour located on busy shopping parade.
Eastcote, London
- Status
FOR SALE
- Advert ID
659959
- Reference
PLM/NM10 / Rightbiz
- Call Agent:
- Leasehold: £145,000 (Stock at valuation)
- Rent: £32,000 (£2,667 per month)
- Turnover: £82,000 (£1,577 per week)
- Profit: On request
Key Features
- 15-year lease agreement
- Accessibility features included
- Competitive rental costs
- Comprehensive customer amenities
Business Details
Beautifully appointed franchise resale bakery and dessert parlour located on busy shopping parade.
Operating under the globally renowned 7th Heaven brand, this beautifully appointed dessert parlour on Fieldend Road, Eastcote's main shopping parade, is offered for resale only weeks after opening and is keenly priced for a quick sale. Franchise agreement term: 10 years.
Reason for sale: Unexpected illness in the family means relocation abroad.
The business is run by the owners with the support of part-time staff, with a wage bill of c. £4,000 per month. An owner-manager working in the business personally could substantially reduce this overhead.
Competitively priced against a brand-new franchise, the store is fully fitted and ready for immediate operation, sparing a purchaser the cost, time and risk of a new fit-out and launch.
Full handover training will be provided by the outgoing franchisees, alongside the franchisor's own training and induction programme and ongoing franchise support.
7th Heaven is known for celebration cakes, cake slices, cheesecakes and fusion desserts served alongside barista coffee. The shop sits close to Eastcote
Underground station (Metropolitan and Piccadilly lines), with passing footfall from commuters, shoppers and local schools, and a family catchment across Eastcote, Pinner, Ruislip and Rayners Lane.
Clear growth levers not yet applied exist, including delivery apps, social media advertising and influencer partnerships, celebration cake pre-orders, parties, events and catering, and longer evening trading.
The sale includes the goodwill, fixtures, fittings and equipment, with stock at valuation. Transfer of the franchise is subject to the franchisor's approval of the purchaser, and assignment of the lease to the landlord's consent who has indicated willingness.
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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.
Be safe, use a Rightbiz Solicitor
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