Licensed Cafe Bar in City of London - £3k Weekly Turnover, 65% Gross Profit, Lease & Fittings £79k
City of London, London
- Status
FOR SALE
- Date Submitted:
18/01/23
- Advert ID
506668
- Reference
R1448 / Rightbiz
- Call Agent:
- Leasehold: £100,000
- Turnover: £364,000 (£7,000 Per week)
- Net Profit: Not Applicable
Business Details
Licensed Cafe Bar e Class for Sale
WE ARE INFORMED by the owner the turnover currently averages £7,000 pw with a Gross profit of 65% approx. FEATURES:FORECOURT WITH SEATING FOR 8 PERSONS
5 STAR HYGIENE RATING
DOUBLE FRONTED PREMISES in the region of 800 ft² with ELECTRIC SHUTTERS. Industrial non-slip floor, ceiling with hanging lights. Bar, EPOS till. Tables and chairs providing seating for 30 persons. Glass fronted upright double door display fridge. Baking area with extractor unit, 2-group coffee machine, coffee grinder, counter fridge, toaster, blender, 2 ovens, single deck pizza oven and other equipments. Fire alarm, fire extinguishers. CCTV system
Toilet with w.c. and wash hand basin.
BASEMENT KITCHEN in the region of 390 ft². Electric cooker, 2 microwaves, 2 heavy duty salamander grills, 2 stainless steel fridges, freezer, double sink and drainer, preparation tables.
Wash room with 2 double sinks and drainer PRICE:
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £100,000 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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