Profitable Seafront Café Blue in Weymouth Dorset Up for Sale, Offers Growth Potential
Weymouth, Dorset
- Status
FOR SALE
- Date Submitted:
26/04/24
- Advert ID
610439
- Reference
GAT2150 / Rightbiz
- Call Agent:
- Leasehold: £41,950
- Turnover: £72,800 (£1,400 Per week)
- Net Profit: On request
Business Details
Popular Seafront Café
Gator Business Sales is pleased to be able to offer for sale this exceptional seafront café.
Café Blue enjoys a superb position on Weymouth’s famous Esplanade offering customers (and the owners!) sea, beach and palm tree views.
The current owners have profitably operated the cafe for in excess of 15 years and are now looking to retire.
The café is particularly well-known for its breakfasts and has fantastic Google and social media reviews.
Well-presented premises with a total of 32 covers – 20 inside and 12 outside on the popular pavement seating area.
5 star FSA hygiene rating.
Low operating costs.
The property benefits from 100% Small Business Rates Relief so no business rates are currently paid.
Whilst both popular and profitable, Café Blue has been gently traded by choice of our clients over the fast few years. This includes limiting the days of operation between October and Easter, together with an extended closure of 2 months in the winter. As such, the purchase offers lots of opportunities to growth-minded new owners.
Trading Hours: Spring and summer (7 days): 8.30am-2.00pm, autumn and winter (4 days Friday-Monday): 8.30am-2.00pm.
Employees: The business is principally operated by one of the owners who is assisted by weekend and casual staff as and when required.
Location: Prominent position on Weymouth’s Esplanade.
Premises Details: Nicely presented ground floor premises totaling approx. 36.7 sq m/395 sq ft. In addition there is a large basement of approx. 43.6 sq m/469 sq ft which is used primarily for storage. The outdoor seating area is approx. 12 sq m/129 sq ft.
Lease Terms: The current 5 year lease runs through until September 2025. Passing rent is £12,500 per annum and is payable quarterly in advance. We are informed by our clients that the lease is fully renewable.
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Listing Statistics
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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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