Featured Brokers
CONFIDENTIAL SALE
FOR SALE
10/03/23
509677
2469 / Rightbiz
Key Features
· Proof of fund required
· Huge Potential
· Prime Location
· Heavy Footfall Area
· Unique Opportunity
· Residential Area
· All Fixtures & Fittings included
· Excellent Client Base
· Highly Rated
· Established Business
· Modern Interior Design
Business Description
Silk Letting Ltd is proud to present to the market a café in Leamington Spa. The business is very popular and has an established clientele by providing services such as
All Day Breakfasts
Afternoon Tea
Pasta
Jacket Potatoes
Baguettes
Desserts
Milkshakes
Much more…
The business has a very heavy footfall that consists mostly of the elderly community which offers supportive and dedicated customers throughout the day. As the business has a very broad menu it can bring custom to cater for all appetites. The business currently only has walk-in customers yet never struggles to make a profit, a new owner can have a contract with delivery services is they wish to broaden the customer base.
There is a great opportunity for a new owner to make a massive success of the business and have a stable and profitable income from day of handover!
The owner has made sure the food looks immaculate and is proud of the services the provide, this would be carried on through the staff giving a new owner a way to relax knowing the business is a booming success
Location and Amenities
The business is situated in a very busy town centre inside of a heavy traffic shopping centre on the ground floor surrounded by many shops inside and outside of the centre of Leamington Spa. The position of this business is situated in a place where you must walk past the building to access the car park and toilets, meaning this business cannot go unnoticed and have a huge potential. The location is a fantastic location as the shoppers entering the centre will call in to have a rest bite from shopping or they can call in to catch up with family and friends. Having a cinema close by gives the perfect opportunity for customers to grab a coffee or a bite to eat before or after their day.
Growth Potential
The business has an established name for itself, but the website will not be coming with the sale of the business as it was never maintained giving the new owner the chance to create their own with the style they prefer. They do benefit from social media platforms such as Facebook and Instagram which are included. The image of the business is nicely presented but could benefit from more platforms such as TikTok ads and more adverts delivered on google making sure they use the correct SEO to become the top searched café in the area. There is also a chance to use the shopping precinct to place advertising and leaflets in other stores to promote the business.
Financial Profile
Turnover available on request
6 years left on lease and also extendable
Property
The business within a shopping precinct, therefore a very appealing premises with a modern and clean look. There is a lot of glass to the front of the business giving customers the ability to look out and gain a bright and open look from the inside and gives any passers by the ease to see the inside of the busy business.
The premises is a nice space of just over 2000sqft consisting of a kitchen area linking to the kitchen at the back, 3 storage rooms to the back of the premises and 2 staff toilets and one multi use customer toilet.
The trading hours for this business are:
Monday - Friday 08:00 am – 05:00 pm
Saturday 08:00 am – 06:00 pm
Sunday - 10:00 am – 04:00 pm
These hours are restricted to the opening times of the shopping centre, but new owner could open till 06:00 om everyday if they wish.
Security Features
With the business being situated inside a shopping precinct this offers the biggest security a business could possibly ask for with 24/7 security guards and shutters at night. Alongside the main buildings security the owner has installed a full Very Sure security system. Shutters to the front that if broken into goes straight to the police, motion sensors on every entry point that are connected with the 4 CCTV cameras that all transmit to an app, giving you access to the shop floor view at any point. On top of all this amazing security there is also an alarm system.
Fixtures and Fittings
Business is equipped and ready to go with equipment such as:
Walk in Freezer
Coffee Machine
Patisserie Display Units
4 Fridges
2 Pizza Prep Benches
4 Ovens
Commercial Dishwasher
And plenty more…
The new buyer has the opportunity to buy the stock that is available at the time which will be around £2000 worth to get the new owner up and running!
With-In the business you will find 61 covers inside and 24 outside, creating customers the choice of seating preferences and the ability to cater to the elderly customers who like to dine in and socialise.
Staff
There is currently 10 staff members willing to stay after the sale of the business giving a massive benefit for a new owner to have a fully established team with great experience with how the business runs. The new owner will save money and time not having to advertise for staff members.
Reason for the business sale
Reason for sale of this business is due to the commute being too far for the current owner.
We do not anticipate for this opportunity to be on the market long so act fast and get your viewing booked in asap.
Viewing strictly by appointment only!
If you are interested, please contact us to discuss any sale enquiries or arrange a viewing on 0161 519 1205
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.
Do not 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 amount 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
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
Get Solicitor
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