Established Cafe with Regular Customer Base for Sale in Finsbury Park, London
City of London, London
- Status
FOR SALE
- Date Submitted:
27/10/23
- Advert ID
601797
- Reference
B07598 / Rightbiz
- Call Agent:
- Leasehold: £109,995
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Well established cafe for sale
BusinessPlease quote reference B07598
CoGoGo are happy to welcome to the market The Front Room Cafe Limited, a well established and highly rated cafe and coffee shop in the Finsbury Park area of North London.
The business was first established by our client in 2004, building up an excellent reputation and regular client base. As seen by the many online ratings and reviews, the business is extremely popular within the local area.
The Front Room Cafe Limited has now come to the market due to our clients desire for a change of direction.
The Front Room Café is a homely and friendly establishment situated at Tollington Park. The business is just off the popular eating strip of Stroud Green Road and not far from Finsbury Park Theatre.
The business is truly part of the local community with loads of regular customers, many of whom are known on a first name basis by the owner who is a popular and well respected member of the local scene.
The business aims to offer a taste of home from the freshly prepared food using local ingredients wherever possible to the unique front room style interior décor.
The menu includes breakfast, brunch, lunch and afternoon dishes which includes firm favourites that the locals and the loyal clientele love along with;
- Eggs done all ways, Benedict, Florentine, Royale, on toast etc
- Cereals and toasts
- Sandwiches
- Salads
- Burgers
- Daily Specials
- Kids menu
- Hot and cold drinks
- Sweets and treats
The sale will also include the company website and social media platforms, with the business enjoying great visibility online with lovely reviews.
Key selling points -
- A well established business with an enviable reputation and many regular customers
- Current owner would be happy to offer a handover to ensure the continued success of the business
- Ideal owner managed or partnership business
- Prime trading position with loads of footfall and passing trade
- A real opportunity to increase turnover and profits significantly, the current owner has been running at a pace to suit
- Advertising and Marketing campaign, a local leaflet drop usually yields good results
- Extend the opening hours, perhaps opening as a bistro in the evenings
- Introduce a delivery service, there is real demand in the area
- Start a sandwich round delivering to local businesses at lunchtimes
- Develop an outside catering arm to the business
Location
The Front Room Cafe Limited is located on Tollington Park, in the Finsbury Park area of London.
The business is beautifully presented and maintained with clear visible signage and sits alongside other complimentary retail businesses.
The cafe is close to the Emirates stadium benefiting from really high levels of footfall and passing trade.
Premises
The business occupies ground floor premises ideally suited to the trade with a generous café area with tables and chairs providing approximately 32 covers, open plan kitchen and sandwich preparation area.
There is seating outside for approximately 16.
Tenure
We are advised that the business is being sold on a leasehold basis, currently on a 12 year lease. The rent is £36,000 per annum.
Hours
The current trading hours are -
Monday to Saturday - 8:00am - 5:00pm
Sunday - 9:00am - 5:00pm
Staff
We are advised that the business is run and managed by our client, with the help of 3 full-time and 1 part-time staff members.
Financial Profile
Further financials can be made available upon request.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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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Contact seller
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.
Be safe, use a Rightbiz Solicitor
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