Profitable Greek Cypriot Restaurant and Bar in Wisbech Cambridgeshire for Sale
Wisbech, Cambridgeshire
- Status
FOR SALE
- Advert ID
615704
- Reference
B08179 / Rightbiz
- Call Agent:
- Leasehold: £95,000
- Turnover: £150,000 (£2,885 per week)
- Profit: £60,000 (40% Profit margin)
Business Details
Well Established & Popular Restaurant and Bar For Sale
BusinessPlease quote reference B08179
CoGoGo present to the market Oasis Grill Bar, a highly acclaimed and profitable restaurant and bar, which is now available for sale in the thriving town of Wisbech.
Renowned for its Greek Cypriot Cuisine, succulent steaks, and burgers, this vibrant dining establishment offers a unique and memorable dining experience. With a loyal customer base and stellar reputation, Oasis Grill Bar presents an exceptional investment opportunity for aspiring restauranteurs or seasoned business owners.
Key Features:
Cuisine -
- Specialises in authentic Greek Cypriot dishes including traditional mezes, souvlaki and moussaka.
- Offers a wide range of perfectly grilled steaks and gourmet burgers.
- Curated menu attracts food enthusiasts from near and far.
- Dine In: Cozy and welcoming indoor seating with a vibrant atmosphere perfect for families, couples and group gatherings.
- Outdoor Seating: Beautifully designed outdoor area for al fresco dining, providing a charming and relaxing environment.
- In-Store Collection: Convenient in-store collection service for customers who prefer to enjoy their meals at home.
- Situated in a prime area of Wisbech, attracting both local residents and tourists.
- High footfall area with excellent visibility and accessibility.
- Surrounded by other popular businesses, shops, and attractions, making it a go-to dining destination.
- Fully Equipped modern kitchen.
- Stylishly decorated dining area with a comfortable seating arrangement.
- Licensed bar offering a wide selection of wines, beers, and cocktails.
- Ample parking space for customers.
Opportunities For Growth:
- Expansion of Menu - Introduce new dishes or seasonal specials to attract a broader customer base.
- Marketing - Implement targeted marketing campaigns, including social media promotions and collaborations with local businesses to increase brand visibility.
- Delivery Service - Expand the business by introducing a delivery service to cater to a wider audience.
- Loyalty Programs - Implement customer loyalty programs and special offers to retain existing customers and attract new ones.
Don't miss this chance to own a thriving restaurant and bar in a sought-after location. Invest in Oasis Grill Bar and continue the legacy of serving a delectable cuisine in a warm and inviting setting.
Location
Oasis Grill Bar is located in prime area of Wisbech, it boasts high foot traffic, excellent visibility, and easy accessibility.
Premises
Oasis Grill Bar a spacious, independent premises, offering a welcoming and versatile dining experience. The ground floor features a comfortable seating area, complemented by a fully equipped kitchen and a well-stocked bar, ensuring a delightful culinary experience for patrons. The second floor provides additional seating, accommodating larger groups and offering a more private dining ambiance. This setup allows Oasis Grill Bar to cater to a diverse clientele from casual diners to those seeking a more intimate setting.
Tenure
This opportunity is being sold on a Leasehold basis.
A 5-7 year lease will be offered.
The rent will be £20,000 per annum.
Hours
The current operating hours are:
Monday & Tuesday - Closed
Wednesday & Thursday - 12:00pm to 11:00pm
Friday & Saturday - 12:00pm to 12:00am
Sunday - 12:00pm to 11:00pm
Staff
The business is run and managed by our client with the help of 4 full-time staff members and 1 part-time staff member.
Financial Profile
This business generated a turnover of £150,000. Full financials can be made available upon further request.
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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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