Lomond Coffee, Thriving Specialty Coffee and Café Business in South London for Sale
City of London, London
- Status
FOR SALE
- Date Submitted:
21/03/24
- Advert ID
608602
- Reference
BTB2311232 / Rightbiz
- Call Agent:
- Leasehold: £95,000
- Rent: £19,979
- Turnover: £347,856 (£6,690 Per week)
- Net Profit: On request
Key Features
- Established Business
- Offers Invited
- High Turnover
- Prime Location
- Unique Business
Business Details
Explore the World of Coffee and Culinary Delights at Lomond Coffee!
Explore the World of Coffee and Culinary Delights at Lomond Coffee!
Welcome to Lomond Coffee, where the aromatic blend of passion, quality, and creativity infuses every sip and bite. Here's your opportunity to step into a thriving South London speciality coffee and café that's ready to make a mark.
Premises Highlights:
Fully Fitted: Immerse yourself in a space adorned with modern equipment and furnishings.
Prime Location: Strategically placed near Deptford Train Station for easy access.
Capacity: Welcoming 16-20 customers indoors and 40-50 outdoors, featuring a licensed bar, delightful food options, and inviting outdoor seating.
Growth Potential: A turnkey business poised for future success.
What Sets Lomond Coffee Apart:
Quality & Creativity: Experience responsibly sourced and freshly roasted coffee made with exceptional speciality beans. Our commitment to sustainability and quality extends to our food menu, known for homemade, flavourful brunch offerings.
Dining: Renowned for our brunch experience, everything is crafted with care, ensuring both exceptional taste and presentation. We source our supplies from other London brands, creating a culinary synergy that delights our customers.
Business Strengths: Celebrate strong sales with a turnover of c£347,856 (2022). Our social presence has garnered attention, with mentions in Evening Standard and endorsements from notable influencers.
Financials and Growth Opportunities:
Remaining Lease: 2 years, extendable for an additional 3 years.
Rent and Service Charge: An attractive £19,979 annual rent inclusive of service charge and Zero business rates, showcasing robust financial performance.
Potential for Growth:
Extended Operating Hours: Embrace the dawn of a new era by extending your operational hours. Cater to the early risers and night owls, amplifying your customer reach and revenue potential.
Morning and Evening Services: Introduce specialised morning and evening services tailored to your customer base. From power breakfasts to relaxing evening gatherings, diversify your offerings for a broader market appeal.
Adjust Pricing Strategies: Align your pricing with industry standards to position yourself competitively. By gauging the market, you not only enhance your perceived value but also ensure sustainable profitability.
Collaboration with Delivery Platforms: Harness the reach of popular delivery platforms like Deliveroo and Uber Eats. Bring your culinary delights directly to the doorsteps of your customers, expanding your market footprint beyond physical boundaries.
Why Embrace These Changes:
Revenue Surge: Capture untapped market segments and witness a surge in revenue as you extend your services and embrace competitive pricing.
Wider Outreach: Connect with a broader audience through delivery platforms, making your delectable offerings accessible to customers who prefer the convenience of home dining.
Enhanced Reputation: Position your business as dynamic and customer-centric. By adapting to evolving trends and customer preferences, you fortify your brand's reputation as an industry leader.
Join us at Lomond Coffee, where every cup tells a story, and every bite is a culinary journey. Embrace the opportunity to own a thriving business that's not just a coffee haven but a community treasure.
Contact Agent
Listing Statistics
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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.
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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.
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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.
Be safe, use a Rightbiz Solicitor
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