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Cafe for sale in Coventry with additional income from a rented flat available for acquisition.

Coventry, West Midlands
Cafe for sale in Coventry Photo 1
Cafe for sale in Coventry
  • Status

    FOR SALE

  • Advert ID

    659994

  • Leasehold: £75,000
  • Rent: £9,000 (£750 per month)
  • Turnover: £120,000 (£2,308 per week)
  • Profit: £21,000 (ROI 28% • Payback 3.57 years)

Key Features

  • Network of loyal customers
  • No additional investment required
  • Off-road parking available
  • Ongoing community regeneration

Business Details

Cafe for sale in Coventry

Discover an exceptional opportunity to acquire a vibrant café located in the heart of Coventry, West Midlands. This well-established business not only boasts a prime location with a high volume of foot traffic but also includes a rented flat above, providing an additional income stream. With a modern exterior design and prominent signage, the café attracts customers both new and returning, making it a cornerstone of the local community.

This café is well-equipped to cater to today's dining trends, featuring partnerships with delivery services such as Deliveroo and Uber Eats. Its functional layout provides ample space for customers, with the added potential for outdoor seating to enhance the dining experience. The business has successfully built a loyal customer base and enjoys a positive reputation in the area, which is essential for steady growth and profitability.

Established Business with Growth Potential

Founded in 2022, the café has been in the family's ownership since 2016. Its established presence in an area with minimal competitive cafés offers a significant advantage. The café benefits from nearby amenities, including shops and barbers, which draw even more foot traffic and potential customers. However, the current owner is selling due to time constraints from a full-time job, creating a unique opportunity for a new owner to step in and expand on the existing foundation.

Comprehensive Support for New Owners

The café currently maintains a strong online presence through platforms like Facebook and Instagram, effectively engaging customers and promoting its offerings. In addition, the owner is willing to provide training opportunities to ensure a smooth transition for the new buyer. This includes sharing valuable insights into the café's operations and customer relationships.

Key Features and Opportunities

Several attractive features make this café a compelling investment. The business requires no additional investment to maintain current operations, and there is ample off-road parking for customers. With ongoing community regeneration efforts in the vicinity, the potential for future growth is substantial. The café is open year-round, six days a week, providing opportunities for special events and promotions, as well as sales of food and drinks both in-person and online. The scalable business model allows for further expansion, including the use of an outdoor garden area, additional storage space, and more.

This café represents an owner-managed investment opportunity with a network of loyal customers already in place. With owner transition assistance offered, this venture could be your pathway to success in the thriving hospitality sector of Coventry.

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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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