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Popular Diner in East Sussex

Brighton, East Sussex
Leasehold Price:
£180,000
Status
FOR SALE
Advert ID
195900
Reference
04998 / Rightbiz
    Established business with good reputation

    Fantastic location in fashionable area

    Huge growth potential

    High turnover and good profit margins

    Excellent premises in good condition

Intelligent Business Transfer are delighted to offer this unique opportunity to pick up an established business in this geographical location. The current owner has valued the business with the fantastic opportunities to be gained from the upcoming student apartment development in mind. While the business has been established for over 40 years, it is still seeing development potential, not just in the huge increase in customer base it will soon be experiencing, but also in possibly exploring more modern menu options to fit in with younger lifestyles. The current food offered certainly appeals to the customer base and has been integral to building a solid and friendly reputation, but there is potential to expand this to appeal to different demographics. There is also the potential to modernise the premises and improve the online presence of the business. The current owner has run the business since 2010 and has expressed a willingness to stay on for a short period to help with the transition of this fantastic business. He has started another business venture, hence his desire to sell, and indeed this business would suit somebody looking to buy their first café, or somebody looking to expand their current range of cafes.
Listing Details
Leasehold Price: £180,000
Tenure: Freehold
Tenure: Leasehold
Tenure: Other
Location: Brighton, East Sussex
Sector: Catering Businesses, Cafes
Financials
Annual Turnover: £350,000
Annual Net Profit: £60,000
Contact Agent
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Advert Reference: 04998 / Rightbiz

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