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Leasehold Busy Cafe Fully Licensed with Staff

Sandwich, Kent
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Leasehold Busy Cafe Fully Licensed with StaffLeasehold Busy Cafe Fully Licensed with StaffLeasehold Busy Cafe Fully Licensed with StaffLeasehold Busy Cafe Fully Licensed with Staff
  • Status

    FOR SALE

  • Date Submitted:

    25/04/22

  • Advert ID

    294213

  • Leasehold: £37,500
  • Rent: £10,000
  • Turnover: £137,000 £2,635 Per week
  • Net Profit: £15,000 11% Profit margin

Business Details

Fully licenced cafe for sale 

It is in a prime position in a popular Kent Tourist Hot Spot, Sandwich. This popular cafe has been around for over ten years. It generates a consistent turnover of approximately £137,000 with an EBIT of around £20,000. There is considerable room to increase this.

It is currently open six days a week, 9 am - 3 pm. It is licenced to open until 10 pm, so there is plenty of room to increase revenue. The cafe is fully equipped with everything needed (currently open six days a week) and staff in place to run it without too much input, or of course, you could take on the job yourself!

There are 36 Covers outside and 22 Covers inside. It gives plenty of room, although in the summers you can still expect to have people waiting for a table to become available. The sale includes everything necessary like plates, cups, glasses, cutlery, kitchen equipment and more.

 I’ve listed a few big items below, but this list is not exhaustive:-

- Twin Tank Commercial Fryer

- two x Contact Grills (for paninis, burgers, etc.)

- Range Cooker

- Bains Marie

- two x Jura Coffee Machines (one large, one small)

- Various Fridges and Freezers

- two x Microwaves

- Toasters

There’s a lot of equipment here and most of it is less than a year old. It includes some of the fridges, the fryers and one of the contact grills. The coffee machines are around £6,000 and £4,000 to buy new on their own. A new seven-year lease will be available to the buyer, although the landlord is quite amenable to negotiating terms. It is a perfect first cafe/restaurant business and equally suited to someone with lots of experience looking for a new location.

Sandwich has a vibrant and active community and is surrounded by lots of small villages. Sandwich has a weekly market and in the Summer hosts a variety of festivals every year, not to mention having Royal St Georges Golf Club and Princes Golf Club just five minutes away which feature on The Open rotation for Championships and Qualifiers.

The town has become somewhat of a food destination in recent years and boasts a huge selection of eateries and is popular with cyclists and walkers visiting the local nature reserves, Sandwich Bay and Medieval Buildings.

Sandwich is reasonably busy all year round however, the Summer is busy with tourists either visiting for a day or staying at one of the many Air BnBs, hotels or campsites in the heart of the town. With the largest outdoor seating area of any cafe in Sandwich, you can expect to be very busy in the Summer and achieve average weekly sales of around £5,000.

It is priced for quick sale as we are moving abroad.

Get in touch for more information.

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Key Features

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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.

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