Prime Location Bagel Bar & Coffee Shop in Benfleet Essex, Well-Presented & Newly Fitted
Benfleet, Essex
- Status
FOR SALE
- Date Submitted:
23/01/23
- Advert ID
506935
- Reference
C6682E RX258047 / Rightbiz
- Call Agent:
- Leasehold: £29,950 (Stock at valuation)
- Rent: £6,000
- Turnover: On request
- Net Profit: On request
Business Details
BAGEL BAR COFFEE SHOP BENFLEET
BAGEL BAR/COFFEE SHOP - BENFLEET - An enviably located premises which occupies a prime trading position just outside of a major Fenchurch Street line train station. The premises is well-presented throughout, newly fitted just over two years ago with quality fixtures, fittings and equipment all included within the sale price. Since establishing the business, our client has built up a highly enviable reputation, supported by a 5.2* Just Eat rating, 4.8* Uber Eats rating, 4.8* Facebook rating and a 5* food hygiene rating. Currently trading only four days a week Thursday to Sunday with trading hours of just 9am to 3pm (24 hours a week) means there is massive scope to significantly increase the turnover/profitability of the business by simply extending these hours to capture the morning/evening commuter trade and by opening Monday to Wednesday the days which the business currently closes. The last two years' accounts confirm a net profit of £25,549 and £44,007 so this is a highly profitable business even with short trading hours. Rent just £6,000 per annum. No business rates payable. Viewing recommended. OUR REF: RX258047 C6682E
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Listing Statistics
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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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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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