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Established Cafe/Restaurant in Cumbria for Sale - Profitable, Popular, Prime Location

Undisclosed, Cumbria

PHOTO COMING SOON

  • Leasehold: £94,995
  • Turnover: Not Applicable
  • Profit: Not Applicable

Business Details

Reputable Cafe Restaurant For Sale

Business
Please quote reference B06869

CoGoGo are pleased to present the sale of a well-established Coffee Shop / Restaurant with a renowned reputation amongst local residents. This is a superb opportunity to take on a popular, profitable and well-used local business in an area teeming with customers.

There has been a food-based business at this site for many years. The current owner has been running it for the last eight years, and the business has been a real labour of love for her, accruing an impressive number of regular customers and an unrivalled reputation.

This wonderful business is now being sold, albeit reluctantly and with a heavy heart, only due to the vendor's need to concentrate on her other businesses. She is keen to see her beloved coffee shop cum restaurant pass to an ambitious and entrepreneurial new owner(s) who can take this already thriving business to the next level.

The business is a Mediterranean Restaurant which prides itself on its ability to whisk its customers off to sunnier climes with its authentic dishes. The business offers a varied menu, with its meals being lovingly and carefully prepared on the premises using local ingredients and seasonal products wherever possible. A sample menu includes;

  • Pittas
  • Salads
  • Loaded Fries
  • Feta Sto Fourno
  • Beef Stifado
  • Moussaka
  • Vegetarian Options
  • Platter Boards
  • Kids menus
  • Desserts
  • Wines, Beers and Spirits
  • Coffees, Teas and Soft Drinks
  • Freshly baked cakes, including a Cake of the Day
  • Gluten-free options
The business is dog and family friendly, fully licensed and offers free Wi-Fi. The business is proud of its 5-star hygiene rating.

The sale will include the company website and Facebook and Instagram pages, and the business enjoys great visibility on the internet along with impressive reviews such as;

“Food freshly cooked and OMG it tastes incredible”

“Fantastic Greek meal with the best of staff and hosts”

“Food is very fresh and tasty, staff very friendly, great service “

Scope to Improve

  • Advertising and marketing campaign
  • Upgrade the existing website, perhaps adding a booking facility
  • Introduce a customer loyalty card/ Scheme
  • Explore online voucher discounters such as Wowcher, Groupon and Tastecard
  • Develop the outside catering side of the business
Reasons to Buy

  • A well-established business with an enviable reputation and many existing customers
  • A real lifestyle business offering a lucky new owner the opportunity of living and working in this lovely seaside town
  • Includes owner's accommodation or immediate rental income
  • Current owner happy to offer a handover to ensure the continued success
  • Ideal owner-managed or partnership business
  • Little or no competition locally
  • All fixtures and fittings included, making this a real Turnkey business opportunity
Very rarely do restaurant businesses of this calibre come to the open market, especially those including living accommodation, so early enquiry is highly recommended. This lovely little business is likely to attract considerable interest.



Location
The business is located in Cumbria.

The business is ideally positioned in the centre of the town and sits alongside other complementary retail businesses and thus benefits from high levels of footfall and passing trade, along with regular custom.

The business is beautifully presented and maintained with clear, visible signage and distinctive livery.



Premises
The business occupies generous premises arranged over two floors, briefly comprising;

Restaurant/ Café

Windows and glazed double doors to front creating a light, airy and inviting interior with a pleasing upmarket feel, expensive looking wood effect flooring, LED spotlights enhance with pendant lighting, tongue and groove wood panelling to dado height, nice quality tables and chairs currently providing approximately 34 covers but room for more, velvet tub chairs with gold legs, leather effect tub chairs and low tables, multi fuel stove on marble effect plinth, feature wall papered walls, bar area with brick effect and timber work top, coffee machine and grinder, EPOS till system, bespoke shelving, freestanding glass cake and gateau display.

Cellar

Generous cellar, dry with power and light

Office

With space for desk, filing cabinet, etc

 

Dry Goods / Freezer Room

Corridor

A useful corridor with shelving

Rear Room

Currently used for drinks storage

Store Room

 A further small room providing additional storage

Preparation Room

To the rear of the premises

Kitchen

Comprehensively equipped catering kitchen with access to;

Rear Yard

Providing a seating area for the flat

Flat / Owners accommodation

Included in the lease is a self-contained flat with its own entrance comprising 2 bedrooms, shower room and open plan kitchen/living area. This could be used for owners/managers' living accommodation or could be rented out for approximately £695 per month. The flat offers holiday let or Airbnb potential, which would maximise the lucrative rental income.



Tenure
We are advised that the business is being sold on a Leasehold basis.



Hours
The business trades Monday to Saturday from approximately 10:30 am until 10:00 pm, with last food orders at 8:00 pm.

Sunday - Closed



Staff
This business is run and managed by a large team.



Financial Profile
Further financial information can be made available upon request.

Please quote reference B06869



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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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