FOR SALE
25/02/23
508979
This established Coffee shop/Restaurant in North London has been in business for 20 years, and I have owned it for 7 years.Busy Brunch Breakfast Lunch Caffe/Restaurant(A3 Licence) with lots of regular custumers and 4.9 star Google Review. We have recently also added a sitting in rear garden with serving/storage area. The leasehold price is on application and the current turnover is Available On Request.
A new lease for 10 years has been agreed.
It is situated on a bus route, main road location, located within a parade of shops in a village residential area with little or no competition locally.
All fixtures and fittings are to be included in the sale, and the turnover has been increasing substantially. The business also includes a 1 bedroom flat with separate entrance.
We are selling due to retirement, and the cafe is open from 9 - 5pm / 7 days with a fully licensed A3 cafe, alcohol license, and business licence to open until late 11:30pm. There are 4 employees, and we have a presence on Facebook and Instagram. We are also partnered with food delivery justEAT. A lot more potential for expansion of sitting and take away/delivery option.
We are willing to offer training opportunities to the new owners. For complete details about this business please contact me. Strictly visits by appointments on (available on request)
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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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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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