Gibson's Bistro in Cromer Norfolk - Thriving Restaurant Business Opportunity For Sale
Cromer, Norfolk
- Status
FOR SALE
- Advert ID
623873
- Reference
B08458 / Rightbiz
- Call Agent:
- Leasehold: £259,999
- Turnover: £700,000 (£13,462 Per week)
- Net Profit: £86,000 (13% Profit margin)
Business Details
Thriving Bistro For Sale
BusinessPlease quote reference B08458
CoGoGo presents a well-established restaurant, Gibson's Bistro based in Cromer.
Are you ready to step into a thriving business with immense potential? Gibson's Bistro, a popular and stylish eatery, is up for sale! Located in a bustling area and renowned for its vibrant atmosphere and exceptional dining experience, this is your chance to own a turnkey business with an established reputation.
Why Choose Gibson's Bistro?
- Proven Success: With a turnover of £700,000 and a net profit of £86,000, Gibson’s Bistro is a solid investment.
- Beautifully Set Up: Over £46,000 was spent on high-quality renovations and equipment, ensuring an inviting and efficient space for staff and customers.
- Flexible Lease Terms: The leasehold comes with a manageable rent of just £1,000/month, offering great value in today’s market.
- Established Brand: Operating successfully for 2 years, Gibson's Bistro has built a loyal customer base and a strong online presence through its website.
Bistro Details
- Operating Hours: Monday to Saturday: 10 am – 11 pm Sunday: 10 am – 7 pm
- Location: Highly visible, footfall-heavy area, ideal for a bistro.
- Potential Growth: Extend hours, introduce delivery services, or expand the menu to maximize profitability.
Don’t Miss Out! Contact us today to schedule a viewing and take the first step toward owning your dream bistro.
Location
The bistro is located at 2 Church St, Cromer NR27 9ER it operates in a desirable location, attracting both local customers and visitors. Its central placement ensures high visibility and steady footfall, making it a popular choice for casual dining, celebrations, and events.
Premises
The premises are leasehold, featuring a fully furnished dining area, a well-equipped kitchen, and a stylish décor that enhances the dining experience. The space is designed to maximise customer comfort and operational efficiency.
Tenure
The business is offered on a leasehold basis with a manageable monthly rent of £1,000.
Hours
- Monday to Saturday: 10:00 AM – 11:00 PM
- Sunday: 10:00 AM – 7:00 PM
Staff
The business is operated by a dedicated team of staff, ensuring smooth day-to-day operations and excellent customer service.
Financial Profile
Annual Turnover: £700,000.
Net Profit: £86,000.
Full financials can be made available upon request.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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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