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Cafe Restaurant in Kings Lynn Norfolk for Sale - Established 10 Years, Prime Industrial Estate Location

Kings Lynn, Norfolk
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Cafe restaurant for sale in Kings Lynn Photo 1
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Cafe restaurant for sale in Kings LynnCafe restaurant for sale in Kings LynnCafe restaurant for sale in Kings Lynn
  • Status

    FOR SALE

  • Date Submitted:

    19/07/22

  • Advert ID

    299110

  • Leasehold: £79,000
  • Rent: £2,200
  • Turnover: £300,000 (£5,769 Per week)
  • Net Profit: On request

Key Features

  • With Car Park
  • Small Business
  • Established Business
  • Fully Fitted
  • Accounts Available

Business Details

Cafe restaurant for sale in Kings Lynn

Cafe restaurant for sale

The restaurant has been established ten years in Kings Lynn, Norfolk. I have owned it for three or four months. It is in a major industrial estate not far from the town centre. There are major retailers like Wickes Farmfoods in the area. The place has three hours of free car parking and is accessible through bus routes. There is no competition in the area.

The sale is for the leasehold of the business at £85,000 or your nearest offer. We have 50 covers and an option to have a garden as well with additional 20 covers. The stock will be included in the sale. There is a brand new kitchen which was recently refurbished.

The business makes a yearly turnover of £300,000. Ever since we have taken over the turnover has increased. I have four other business ventures and don't have enough time to commit to this business.

The current opening hours are nine am - nine pm, seven days a week. We recently started opening for evenings and introduced an evening menu. We have a staff of six employees.

We recently renovated the business when we took over and the business increased. It is a good location in a great area. We have a company website and a Facebook account. We partnered with JustEat recently, just two weeks ago.

We are willing to offer training opportunities to the new owners.

Get in touch for more information.

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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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