Highly Profitable City Centre Cafe and Coffee Shop in Edinburgh - 10 Years Established
City of Edinburgh, Edinburgh
- Status
FOR SALE
- Date Submitted:
19/04/23
- Advert ID
511909
- Reference
1808 / Rightbiz
- Call Agent:
- Leasehold: £39,995
- Turnover: N/A
- Net Profit: On request
Key Features
- Fully Fitted
- Accounts Available
- Attractive Business
- Prime Location
- Established Business
- Town Centre location
Business Details
Very Successful City Centre Cafe and Coffee Shop High Net Profits Ref 1808
Central Business Sales is delighted to offer to the market a well established city centre sandwich bar and coffee shop. The owner set up the business 10 years ago and has built up an excellent reputation and has a very high level of repeat customers on a daily basis. It also benefits from a large amount of tourist trade with the High Street, Edinburgh Castle and the Royal Mile, and the new local council offices just yards from the business.
The business offers a freshly prepared menu including breakfast, brunch, lunch and desserts. The menu is available for sit in, takeaway and delivery. Due to the highly sought after location there is large potential to expand the opening hours into the evening with the many events that are organised throughout the year with the Edinburgh Festival being the busiest time bringing millions of tourist into the area.
The single front unit is approximately 45 square metres and is in very good condition. There is a seating area to the front with a kitchen and serving area. There is a further kitchen to the rear with small storage area. All equipment including coffee machine, grinder, panini machine, fixtures and fittings are included in the sale. There is seating inside with the possibility of outside seating
The business is being offered on a leasehold basis with a new extended lease available. The rent is £11,500 per annum and the business benefits from 100% small business rates relief. The business is currently run by the owner and is open from 7am to 3pm Monday to Saturday.
***PLEASE NOTE ALL VIEWINGS AND CONTACT MUST BE MADE THROUGH CENTRAL BUSINESS SALES – DO NOT MAKE A DIRECT APPROACH TO THE OWNER OF THE BUSIENSS***
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Listing Statistics
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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.
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