Prime Location Coffee Shop for Sale in Heart of Worthing, West Sussex
Worthing, West Sussex
- Status
FOR SALE
- Date Submitted:
24/09/23
- Advert ID
600145
- Leasehold: £95,000
- Rent: £20,000
- Turnover: On request
- Net Profit: On request
Key Features
- Town Centre location
- Close to Local Amenities
- Prime Location
- Ideal for Full Refurbishment
- Small Business
Business Details
Prime location Coffee shop in Worthing
Our successful café, located within the heart of Worthing, West Sussex is currently for sale. Established 13 months ago, this bustling business has flourished in Worthing's town centre, predominantly due to its prime location. Flanked by Worthing pier – a popular tourist attraction – and situated on a main road, this café enjoys unparalleled visibility.
Priced leasehold at £95,000, with the current turnover amounting to £234,000, the asking price is up for negotiation.
Having owned this business since its inception, I can attest to the fact that it has remained busy throughout the years, a feat largely due to its location. Nestled amidst a busy area and situated right opposite Worthing pier, this café has the unique advantage of being the heart of the action. Besides our unrivaled position, we also offer a unique proposition. Unlike other franchise chains in the area that serve lunch and breakfast, we offer a different experience. This element of uniqueness has given us an edge and led to us facing little to no local competition.
The sale includes all fixtures and fittings, setting up the new owners for an easy transition. Over the past year, turnover has continuously been on the rise. The café layout boasts an open kitchen on the ground floor for service, while the prep kitchen is conveniently located on the first floor. Unfortunately, due to certain health circumstances within my family and my partner's intent to relocate abroad, we've decided to put the café up for sale.
The café holds an alcohol license but isn't currently leveraging this for sales. This presents a significant opportunity for expansion, should the new owner choose to introduce alcohol sales. Our current opening hours are from 9 am to 5 pm. However, a new owner could choose to extend these hours until 11 pm, providing an additional avenue for increased revenue.
The café currently employs two on-board employees and has partnered with Just Eat delivery platforms.
In addition, there is potential to expand the café's social media presence. To ensure a smooth handover, we are more than willing to provide training opportunities to the new owners. If you require further information or complete business details, please feel free to contact me.
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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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