Recent content by seasunrise

  1. S

    Buying an existing store & cafe

    yes this is true re the emotional attachment. Have engaged an accountant! yes it would be a lifestyle business with the chance for an online presence also.
  2. S

    Buying an existing store & cafe

    Thank you. I've engaged an accountant to check the numbers over. The staffing is my main area of concern. I've budgeted to increase it and allowed for the new NI and wage increases. I wouldn't be paying myself a wage. I'm financially stable and don't currently work. I can't see that the owner is...
  3. S

    Buying an existing store & cafe

    Thanks for your advice
  4. S

    Buying an existing store & cafe

    Thank you!
  5. S

    Buying an existing store & cafe

    Genuinely interested to know why I'm fooling myself? And why the 20k doesn't exist? Please can you clarify? When I was in there last week it was busy and people left without buying things. There's no other shop for miles around and a steady stream of people passing on their way to and from the...
  6. S

    Buying an existing store & cafe

    Why would the 20K profit not exist? This is after staffing costs.
  7. S

    Buying an existing store & cafe

    Hi I'm currently buying a local beach store/cafe in a popular tourist area in Cornwall. The agreed price is 110k for a 15 year lease. There is a 4 bed apartment above the property with rent of 10k a year payable. The business currently runs at about 20k profit and whilst open all year makes half...
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