Kings Business sells long-established coffee shop to first time buyer
5th September 2019
Kings Business helps first time buyer acquire thriving coffee shop in Farnborough, Hampshire.
Established in 2008, Farnborough’s Retro Coffee Shop enjoys a strong relationship with the immediate community, with the impressive amounts of repeat custom acting as a testament to the superb quality of the expansive menu and homely service.
The business is wonderfully presented, with retro stylings and furnishings being displayed throughout, adding character and enhancing the accommodating atmosphere the shop is synonymous with.
The Retro Coffee Shop also enjoys a central location on the high street, surrounded by residential properties, and commercial buildings with high amounts of footfall being attracted to the Café thanks to the regular events and exhibitions that take place in the area.
Once the business was put onto the market by Kings Business it received 3 offers on the back of 5 viewings, with the successful bid of £26,000 being made by first time buyer, Minish Georgakos, who hopes to continue the success of the cafe.
Lead Negotiator of the sale, Adam Hussain commented;
“I was delighted to have overseen the sale of Retro Coffee Shop. I wish both parties every success in the future.”