Lease a Thriving Cafe with Expansion Potential in Balerno, Edinburgh
Balerno, Edinburgh
- Status
FOR SALE
- Date Submitted:
15/09/23
- Advert ID
599644
- Leasehold: Price on Application
- Turnover: £73,000 (£1,404 Per week)
- Net Profit: On request
Key Features
- Fully Fitted
- Unique Business
- Close to Local Amenities
- Small Business
- Offers Invited
- Established Business
- Prime Location
- New Lease
- Attractive Business
Business Details
Successful cafe for lease in Balerno
This café presents an excellent leasing opportunity for a well-known, highly reputable business with significant potential for expanding its capacity and services. Over time, the café has built a loyal customer base, reflecting the increasing demand for such services in the heart of Balerno village. New owners can leverage the existing infrastructure and the café's established reputation to launch a successful new food and beverage venture.
This opportunity will appeal to both enthusiastic startups and existing restaurant/takeaway businesses looking to enter the dine-in market, in the rapidly growing village of Balerno, southwest of Edinburgh.
Key features include
- Centrally located on busy commercial main street, Balerno
- Fully furbished, well-maintained facility, covering 688 sq ft
- Scope for expansion through specialized cuisine offering, extended operating hours and online operation
- £18,000 annual lease thus placing this opportunity under the threshold for business rates
- Business sale price on request
- Minimum 5 year lease
Sales figures
The business operated as a restaurant for a couple of years since commencing operations in Jun 2018 and decided to operate in limited capacity (5 days, 10 to 4) 2020 onwards. This is reflected in the sales figures
- £120k (2018)
- £175k (2019)
- £75k (2020)
- £70k (2021)
- £73k (2022)
- £60k (2023, doesn't include full & final)
Get in touch as early viewing is highly recommended.
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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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