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Rare Chance to Own Award-Winning Catering Business in Long Eaton, Potential for Growth

Long Eaton, Derbyshire
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This is a rare opportunity to acquire a popular catering business in Long Eaton, Nottinghamshire Photo 1
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This is a rare opportunity to acquire a popular catering business in Long Eaton, NottinghamshireThis is a rare opportunity to acquire a popular catering business in Long Eaton, NottinghamshireThis is a rare opportunity to acquire a popular catering business in Long Eaton, NottinghamshireThis is a rare opportunity to acquire a popular catering business in Long Eaton, NottinghamshireThis is a rare opportunity to acquire a popular catering business in Long Eaton, NottinghamshireThis is a rare opportunity to acquire a popular catering business in Long Eaton, Nottinghamshire
  • Status

    FOR SALE

  • Date Submitted:

    08/09/23

  • Advert ID

    599144

  • Reference

    471 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £55,000 (Stock at valuation)
  • Turnover: £84,569 (£1,626 Per week)
  • Net Profit: £21,654 (26% Profit margin)

Key Features

  • High Turnover
  • Adjacent to Multiple Retailers
  • Established Business
  • Small Business
  • Central Position in Affluent Village
  • Attractive Business
  • With Car Park
  • Potential for Alternative Use
  • Fully Fitted
  • Close to Local Amenities
  • Prime Location

Business Details

This is a rare opportunity to acquire a popular catering business in Long Eaton, Nottinghamshire

This is a rare opportunity to acquire a popular catering business based in Long Eaton, Nottinghamshire. The business is available on a leasehold basis.

The business is a unique concept that was re-branded in 2020. Prior to this, the current owner started the business in 2015 and has continued to build upon its success. This award-winning 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 residents and employees alike. They offer a traditional menu to their customer base and sell items such as breakfasts, sandwiches, burgers, pizzas, paninis, cakes, street food specials, and much more. They occasionally offer an outside catering service and have a catering van which is not included in the sale but can be negotiated on separately should this be of interest to the new owner. There is also huge potential and demand to open the premises as a bistro in the evenings which would increase revenue significantly.

The business has experienced steady growth on an annual basis since they began trading and have built up an excellent reputation in their local community. They are considered a household name in the town and can 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 15 covers.

·       High footfall and passing trade.

·       Prominent Location in the area

·       Quality premises renovated to a high standard.

·       Fixtures, fittings, and equipment to be agreed upon

·       Minimal overheads i.e., competitive lease

·       Minimal competition

·       Car parking outside

·       Huge Potential for further growth and success.

·       Rent just £5,000 per annum!

·       Well-established business

·       Catering van available to purchase separately.

It is with a heavy heart that the current vendor is selling because of other business interests. 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 for 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 Agent

Contact the seller for more details, or book a viewing

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

Do not 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 amount 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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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 popular catering business in Long Eaton, Nottinghamshire - 471 / 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.