Licensed Restaurant/Cafe in Leigh-on-Sea Essex for Sale with Strong Growth Potential
Leigh on Sea, Essex
- Status
FOR SALE
- Advert ID
622468
- Reference
RX463695 / Rightbiz
- Call Agent:
- Leasehold: £120,000 (Stock at valuation)
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
RESTAURANT CAFE (LICENSED)
Thriving Cafe Restaurant in Leigh-on-Sea
An exciting opportunity to own a well-established and highly regarded restaurant/cafe in the heart of Leigh-on-Sea, a vibrant coastal town known for its lively atmosphere and strong community.
This business boasts a proven turnover with room for growth. Currently operating 5 days a week (closed on Mondays and Tuesdays), there’s significant potential to increase revenue by extending trading days and hours.
Key Features:
Prime Location: Situated in a busy, high-footfall area, perfect for attracting both locals and visitors.
Strong Reputation: Well-loved by the community for its quality food and welcoming ambience, recently winning Best Atmosphere in the Essex Life Food and Drink Awards 2024.
Turnkey Operation: Fully equipped kitchen, stylish dining area, and all operational systems in place.
Growth Potential: Opportunity to expand trading hours, introduce new menus, or add delivery services.
Loyal Customer Base: Regular patrons and positive reviews drive repeat business, supported by a 4.8* Google Review & 4.5* Tripadvisor rating.
This is an ideal venture for an aspiring restaurateur or an experienced operator looking to take a thriving business to the next level.
We are advised there are approximately 3 years remaining on the lease at a rental of £21,176 per annum exclusive.
We are advised the gross turnover currently averages around £6,700 per week, with the net turnover over the last 12 months being around £290,000 working to the usual high gross profit margins associated with the trade. Full financial information can be disclosed to seriously interested parties following a viewing of the business.
Don’t miss out on this fantastic opportunity to own a profitable and reputable restaurant/cafe with even greater potential.
For more information or to arrange a viewing, please contact us today! RX463695
Contact Agent
Listing Statistics
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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.
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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.
Be safe, use a Rightbiz Solicitor
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