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Popular Daytime Cafe For Sale In Prominent Eastbourne Position

Eastbourne East Sussex
Successful daytime cafe in prominent location benefiting from local and tourist trade. Currently open daytimes and for popular monthly events with further scope to open as an evening restaurant. Family friendly and highly regarded amongst locals. Lease to let or rent Popular Daytime Cafe For Sale In Prominent Eastbourne Position is located in East Sussex.

ADVERT NUMBER : 70395
ADVERT IMPRESSIONS : 12,298 TIME(S)

 
BUSINESS SECTOR: Catering
TRADE TYPE: Cafes
SALE: Private Sale

LEASEHOLD:

£55000

ANNUAL RENT:

£12000
 

BUSINESS DETAILS:

The business has been established since March 2011 and has grown to be a very popular business with locals and attracted a large amount of tourists over the summer months. The cafe seats up to 34 people inside and 8 outside. It has a relaxed atmosphere and is styled in a unique way which has been described as quirky, fun, relaxed, friendly, Brightonesque, just what Eastbourne needs' We appeal to familiess and individuals alike and our client base covers all ages. The cafe is used by a cross section of the community and provides toys and games for children as well as high chairs, it offers meal options for the more mature end of the spectrum. The business offers excellent coffee and homemade cakes with seasonal variations such as cream teas in the summer and soups in the winter. We currently display art by local artists and offers free wi-fi to attract other customers too. The food on offer is locally sourced wherever possible and the emphasis is on quality ingredients and flavoursome dishes at a reasonable price. The menu is easy to manage and provides great variety whilst keeping waste to a minimum. The business is currently open 7 days a week from 8am weekdays to 5pm and from 9am Weekends. The business also runs a successful steak and quiz night once a month and has recently started a photography club also once a month. There is further scope to develop the evening trade and the premises are fully licensed to attract evening customers. During the summer months we also ran an evening gourmet menu which was popular but we did not have the time to continue with this. This could be a new revenue stream for somebody willing to put the time into it. The business is currently NUMBER 1 on trip advisor and has a 5 Star Hygiene rating both figures that we are very proud of. The business also has a good presence on new media such as Facebook and Twitter which has helped to attract new customers. The front of house area is equipped with tables and chairs, bookcase for books and games, two cabinets for displaying goods for sale, various lamps and mirrors etc. The area behind counter is equipped with 2. 6m refrigerated display unit, Sharp programmable cash register. Beautiful San Remo Verona coffe machine less than 12 months old (this piece of kit is worth in excess of £3500 alone! ) Belling water boiler, 24 Bottle wine refrigerator, milk refrigerator. The kitchen is fully fitted with 2 freezers one of which is less than 4 months old and still under warranty, A large fridge as well as a foster 3 door bench fridge (In excess of £1000 new) The kitchen also has a Clasique Dishwasher which is also less than 12 months old. The kitchen houses 2 deep fat fryers and a six burner falcon cooker under a 1200mm extractor hood that was fitted in March. As well as all the above equipment the kitchen is also equipped with all the crockery, racking, storage, cutlery etc that you would expect. The front of house is equipped with all the crockery, teacups, teapots, milk jugs etc that you would need to run this succesful business including an excess stock to cater for the busier periods and glassware for special events. The building is currently held on a 5 year lease with 4 years remaining and a year 3 break clause. The rent is set at £11500 Year 2 raising to £12000 Per annum for the remaining 3 years of the lease. The building consists of main cafe area, kitchen, two toilets and external storage room as well as storage for bins and 2 off road parking spaces. We are looking to sell the business as although it has been great fun setting it up and running it, we have a young family and we have been unable to spend any time together as a whole whilst running the business. We cannot emphasis enough how lovely the customers are and how well the cafe is received and complimented and it will be a sad day to see it go but with two children under 5 we need to dedicate more time to them and focus on family life. We currently employ 1 full time and 2 part time staff as well as both owners working in the business. The business is expected to end year one with a profit of £20k plus this is taking into consideration:- £20k of set up costs plus the earlier months of the business were when it had no market presence the business should yield at lease £40k in Year 2 plus any additional revenue that could be generated by evening opening. Any questions or to arrange a viewing please do not hesitate to contact us. As mentioned we are a busy family so please no time wasters only serious buyers!.
   
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