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Rare Lincoln Catering Business for Sale - 32 covers, High Footfall, Huge Growth Potential

Lincoln, Lincolnshire
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This is a rare opportunity to acquire a fashionable catering business based in Lincoln Photo 1
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This is a rare opportunity to acquire a fashionable catering business based in Lincoln Photo 3
This is a rare opportunity to acquire a fashionable catering business based in Lincoln Photo 4
This is a rare opportunity to acquire a fashionable catering business based in Lincoln Photo 5
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This is a rare opportunity to acquire a fashionable catering business based in LincolnThis is a rare opportunity to acquire a fashionable catering business based in LincolnThis is a rare opportunity to acquire a fashionable catering business based in LincolnThis is a rare opportunity to acquire a fashionable catering business based in LincolnThis is a rare opportunity to acquire a fashionable catering business based in LincolnThis is a rare opportunity to acquire a fashionable catering business based in LincolnThis is a rare opportunity to acquire a fashionable catering business based in LincolnThis is a rare opportunity to acquire a fashionable catering business based in Lincoln
  • Status

    FOR SALE

  • Date Submitted:

    13/06/23

  • Advert ID

    514789

  • Reference

    433 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £65,000 (Stock at valuation)
  • Turnover: N/A
  • Net Profit: On request

Key Features

  • With Car Park
  • High Turnover
  • Prime Location
  • Close to Local Amenities
  • Central Position in Affluent Village
  • Attractive Business
  • Town Centre location
  • Fully Fitted
  • Adjacent to Multiple Retailers

Business Details

This is a rare opportunity to acquire a fashionable catering business based in Lincoln

This is a rare opportunity to acquire a fashionable catering business based in Lincoln. The business is available on a leasehold basis.

The business is a unique concept that has been successfully operating in its current format since 2020. The business primarily operates as a fashionable cafe selling the very best local produce, with the aim of creating a hub in the local community and bringing quality food to local people and tourists alike. They offer a traditional menu to their customer base and sell items such as breakfasts, sandwiches, hot meals, cakes, and much more. On an evening, the premises is rented out to a sushi business which operate from 4:00pm – 9:00pm Tuesday to Saturday, allowing the owner to bring in £12,000 per year.

The cafe has experienced steady growth on an annual basis since they began trading. However, the business has huge growth potential as the current owner is selling due to not having the time to dedicate to running the business, so a new owner would be in a position to grow the business significantly. They have built up an excellent reputation in their local community and are considered a household name in the town. They can also boast a loyal customer base which has resulted in a vast amount of repeat business.

The premises has been renovated to a very high standard throughout as the current owner has skilfully combined the character features of the building with modern fixtures and fittings. The business is also located in one of the busiest areas of the town and can boast 32 covers.

·       High footfall and Passing Trade

·       Highly Sought-After Location in the area

·       Prominent Location in the area

·       Loyal Customer base

·       Quality Premises Renovated to a High Standard.

·       32 covers

·       All Fixtures and fittings included

·       Competitive lease

·       Minimal Competition

·       High Turnover - £3,000 (weekly approx.)

·       Huge Potential for further growth and success.

It is with a heavy heart that the current vendor is selling because of other commitments. Due to the location and financial performance of the business, we strongly advise a viewing to avoid disappointment. This business represents an excellent opportunity for an entrepreneur looking an established business within the catering sector or an existing business looking for a lucrative acquisition.

We have received many enquiries on this business at an initial stage so please contact us to arrange a meeting to avoid disappointment.

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Contact the seller for more details, or book a viewing

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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.

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Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

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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.

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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

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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.

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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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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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The data showed regarding this advert 'This is a rare opportunity to acquire a fashionable catering business based in Lincoln - 433 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.