Leicestershire's Popular Cafe and Gift Shop with High Google Rating for Sale
Undisclosed, Leicestershire
- Status
FOR SALE
- Date Submitted:
07/12/23
- Advert ID
603633
- Reference
B07697 / Rightbiz
- Call Agent:
- Leasehold: £69,995
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Highly rated cafe for sale
BusinessPlease quote reference B07697
CoGoGo are delighted to welcome to the market The Bay, a highly rated cafe and gift shop opportunity in Melton Mowbray, Leicestershire.
The business was first established by our clients in 2021, building up an excellent reputation and regular client base during its short time of trading. As seen by the online ratings and reviews, the business is extremely popular with the area.
The Bay has now come to the open market due to our clients wish to retire.
The Bay has a traditional cafe menu, with additonal revenue generated through the gift shop side of the business. They currently have a 8am to 9pm trading licence, with the opportunity to apply for an increase.
The business boasts a 4.5 star rating on Google, with many excellent reviews.
Key selling points -
- Repeat custom
- Handover period offered
- Scope for expansion
- High footfall location
- Create a business website
- Look at marketing/advertising
- Increase trading hours
- Offer a delivery service in the local area
Location
The Bay is located on Sherrard Street, in Melton Mowbray, Leicestershire.
The business has eye catching signage and receives high levels of footfall and passing trade.
Premises
Well designed with modern decor throughout the cafe. Renovated to a high standard.
18 Covers to the front of the cafe, with 14 to the rear and 16 upstairs. 28 Covers outside, with 3 picnic benches and 6-8 tables.
2 Bedroom flat on the first floor - currently used as living accommodation
Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 5 year lease. The rent is £15,000 per annum.
Hours
The current trading hours are -
Monday to Thursday - 9:00am - 3:00pm
Friday - 9:00am - 5:00pm
Saturday - 9:00am - 3:00pm
Sunday - Closed
Staff
We are advised that the business is run and managed by both owners with the help of 1 staff member.
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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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.
Be safe, use a Rightbiz Solicitor
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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