London Decor Cafe: Sandwiches, Pastries, Gelato - £150,000 incl. Lease & Fittings, £5k Weekly Sales
Undisclosed, London
- Status
FOR SALE
- Date Submitted:
30/03/22
- Advert ID
293021
- Reference
R9992 / Rightbiz
- Call Agent:
- Leasehold: £95,000
- Turnover: £260,000 (£5,000 Per week)
- Net Profit: Not Applicable
Business Details
Décor Cafe, Sandwiches, Pastries & Gelato for Sale
WE ARE INFORMED by the owner the turnover currently averages £230,000 per year with a gross profit of 65% approx. Potential to increase income to £336,000 by including:1. 7-day opening week to an income potential increase by £33,000 (based on current earning averages)
2. Delivery apps. £73,000 per year FEATURES:
6 DAYS OPENING
NEWLY FITTED business established 6th August, 2020
SINGLE FRONTED PREMISES in the region of 250 ft² with Victorian awning, shop-front window used as a display for sandwiches, pastries and so on. Woodstrip floor, Avant Garde lighting system, Gentrified shop interior design (predominantly bare brick, wood, and metal exposed). New air conditioning unit, bread and pastries oven, new 2 group Espresso machine (under warranty), open front display drinks fridge, new double panini grill, electric rise and drop salamander grill, ice machine, new double door freezer, new upright fridge, 2 single door upright freezers, new horizontal worktop fridge, new salad fridge, new air extraction system, new 14 pan ice cream display freezer, new sandwich preparation stainless steel work ben, storage cupboards, rear storage racks for packing, cups, 30 litre instant hot water system
Basement, used for storage purposes
Staff toilet with w.c. and wash hand basin PRICE:
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £95,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
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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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