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Renowned Essex Cafe with High Footfall and Expansion Potential For Sale

Undisclosed, Essex

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    29/11/23

  • Advert ID

    603234

  • Reference

    B07682 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £84,995
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Well Established Cafe For Sale

Business
Please quote reference B07682

CoGoGo are delighted to welcome to the market a highly rated and well established cafe, based within Essex.

The business was first established by our client in 2009. It's built up an excellent reputation and repeat client base during its many years of trading.

This lovely little business is now being sold, albeit reluctantly and with a heavy heart only due to the vendors wish to move onto other business ventures.

The business offers light lunches, traditional breakfasts with speciality teas and coffees, the team room also undertakes private hire and outside catering.

The business boasts a 5 star rating on TripAdvisor.

Key Selling Points:

  • High footfall location
  • Scope for expansion
  • Staff in place
  • Outstanding reputation
  • Repeat custom
Scope for Further Development:

  • Increase trading hours
  • Offer local delivery
  • Push outside catering


Location
The business is based within Essex.



Premises
The business is comprised of the following:

Modern bespoke décor and furnishings throughout the business.

The business has 42 covers, but this could be increased to utilise the space available.

  • Fitted kitchen with ample storage
  • WC
  • External seating for 6 customers
  • Ample parking and high foot fall area 
The business also benefits from having large eye catching signage with full glass front.



Tenure
We are instructed to sell the business on a Leasehold basis, with an original 10 year Lease in place. The rent is £26,400 per annum.



Hours
The business trading hours are:

Tuesday to Saturday - 09:30am to 16:00pm



Staff
We are advised the business is run and managed by 1 full time and 3 part time staff members.



Financial Profile
Financial information can be made available upon request.

Please quote reference B07682



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Contact Agent

Contact the seller for more details, or book a viewing

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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.

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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

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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.

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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.'.

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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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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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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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The data showed regarding this advert 'Well Established Cafe For Sale - B07682 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.