Bakery, Deli, Cafe in Barkingside London for Sale - 10+ Years in Business with New Equipment
Barkingside, London
- Status
FOR SALE
- Date Submitted:
17/03/23
- Advert ID
510142
- Leasehold: £105,000 (Stock at valuation)
- Rent: £26,400
- Turnover: Not Applicable
- Net Profit: On request
Key Features
- Currently Closed
- With Car Park
- Ideal for Full Refurbishment
- Potential for Alternative Use
- Prime Location
Business Details
Bakery, Deli, Cafe for sale
The business has been trading as a Bakery / Café / Deli serving a variety of freshly baked breads, cakes, hot pastries, and confectionery, as well as offering a range of sandwiches, teas, and coffee. The business has been operating for over 10 years. Brand new equipment throughout, producing a lot of their own bread, cakes, sandwich fillers, and confectionery which produces a very high-profit margin.
Currently, the business trades from Tuesday – Sunday 0800 – 1600 - closed Monday, achieving a TURNOVER OF £4,000 PER WEEK and an additional income from outside and events catering (per bookings and orders).
The business is superbly fitted throughout, and benefits from a full A3 licence, 15-20 internal covers, 10 external covers with awning, a large double serving counter with integrated glass display serve over, till system, display chiller, coffee machine, coffee grinder, ample shelving, and work surfaces, separate fully fitted kitchen complete with full extractor canopy, five trade bakers oven, 35 KG dough machine, bread slicer, dough roller, electric bakers oven, WALK IN CHILLER, dough proving fridge, bagel boiler, two bowls stainless steel sink, separate store room to rear with a boiler. Outside there is ample owner parking, a bin store, and a separate WALK-IN FREEZER.
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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.
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.
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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.
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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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