Charming Coffee Shop in Bustling Market Town - Established 5 Years, Health Forces Sale
Spilsby, Lincolnshire
- Status
FOR SALE
- Date Submitted:
18/06/23
- Advert ID
515052
- Leasehold: £20,000 (Stock at valuation)
- Rent: £4,980
- Turnover: £85,000 (£1,635 Per week)
- Net Profit: On request
Key Features
- Established Business
- Fully Fitted
- Small Business
- Retirement Sale
- Prime Location
- Offers Invited
- Close to Local Amenities
- Accounts Available
- Attractive Business
- Town Centre location
- Price Reduced
Business Details
Beautiful little Coffee Shop in a busy Market Town
Business established for over five years.
Reason for selling, owners health has deteriorated so looking to retire.
There are lots of other businesses and a variety of shops in the area, many tourist attractions and events run locally.
Competition in the town is a small take-away deli and a couple of Cafes offering a very different offering and products. The business has a good loyal client base of regular visitors.
The opening hours are currently 10am to 3pm 5 days a week so lots of potential to increase the business.
The business is currently run and managed by the current vendor with the assistance of two part-time staff on reduced opening hours.
All fixtures and fittings included, Coffee machine owned not leased included of the best quality.
There are currently no business rates or service charges payable as these are covered by the local council SBRR scheme.
There is a residential garden flat adjoining but would be by seperate negotiation with the landlord. A reasonable rent for a large two bedroom flat convenient for owner accommodation.
A lovely small cafe, with much potential for growth under the right new owners care.
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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.
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.
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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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