Thriving, Profitable Cafe with Loyal Customers and Growth Potential For Sale in Eastbourne
Eastbourne, East Sussex
- Status
FOR SALE
- Advert ID
623155
- Reference
B08442 / Rightbiz
- Call Agent:
- Leasehold: £47,000
- Turnover: £150,000 (£2,885 per week)
- Profit: £75,000 (50% Profit margin)
Business Details
Profitable Cafe For Sale In Eastbourne
BusinessPlease quote reference B08442
CoGoGo presents an exceptional opportunity to acquire Bill’s Cafe, a well-established and profitable business in the bustling seaside town of Eastbourne.
Situated in a prime location with high footfall and significant passing trade, this charming cafe has built a loyal customer base over its remarkable 25-year history, with the current owner successfully running the business for the past eight and a half years, demonstrating stability and consistent performance.
Business Overview Type:
- Cafe Ownership: Sole Trader
- Established: 25 years, owned for 8.5 years
- Turnover: £150,000
- Net Profit: £75,000
- Large Rear Unit with Storage / Accommodation Potential
Operating Hours are Tuesday to Sunday: 8 am to 3 pm and Sunday 9 am - 3 pm, offering an ideal work-life balance for the new owner.
Lease Details
- The business currently has 4 years remaining on the lease, with a new lease available for incoming buyers, offering long-term security and flexibility.
The current owner is seeking a quick sale due to a planned relocation abroad, presenting a unique opportunity for an aspiring entrepreneur to step into a thriving business.
The cafe enjoys a fantastic location in Eastbourne, known for its vibrant community and year-round tourist appeal. Surrounded by local shops, businesses, and amenities, the area benefits from consistent foot traffic from both residents and visitors.
Scope for Growth
While already profitable, there are numerous ways to expand Bill’s Cafe and maximise its potential:
- Extended Opening Hours: Capitalise on early morning commuters or evening trade.
- Menu Expansion: Introduce a broader range of offerings such as vegan, gluten-free, or premium coffee options.
- Delivery and Takeaway Services: Partner with food delivery platforms to reach a wider audience.
- Marketing Campaigns: Leverage social media and online promotions to attract new customers.
- Catering Services: Offer catering for local businesses and events.
Location
Bill's Cafe is located at 148 Seaside, Eastbourne, BN22 7QW.
Premises
Bill's Cafe occupies a single-fronted premises, featuring eye-catching signage that draws attention from passersby. The cafe offers both indoor and outdoor seating, complemented by a well-organised service area and a fully equipped kitchen to ensure efficient operations.
At the rear of the premises is a substantial additional unit, currently utilised for storage but offering excellent potential to be converted into the owner’s accommodation (subject to the necessary permissions). This provides a valuable opportunity for live-in ownership or further business expansion.
Tenure
Leasehold. We are advised that the business currently has 4 years remaining on the lease, with a new lease available for incoming buyers, offering long-term security and flexibility.
Hours
The current operating hours are:
Tuesday to Saturday - 8:00 am to 3:00 pm
Sunday - 9:00 am to 3:00pm
Staff
The business is run and managed by our client with the help of 2 full-time staff members, who can manage to run the business and 1 part-time staff.
Financial Profile
This business generated a turnover of £150,000. Full financials can be made available upon further request.
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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.'.
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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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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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