Exceptional Café and Deli in Prime Location
Romsey, Hampshire
- Status
FOR SALE
- Advert ID
651490
- Reference
GAT2171 / Rightbiz
- Call Agent:
- Leasehold: £95,000 (Stock at valuation)
- Turnover: £383,000 (£7,365 per week)
- Profit: On request
Business Details
Exceptional Café and Deli in Prime Location
Gator Business Sales are delighted to be able to offer for sale one of Romsey’s most established and highly regarded hospitality businesses.
Dish. Deli & Kitchen has been profitably trading in the town since 2011. The business is well-known for its consistently great food and friendly service. Breakfast, lunch and especially brunch items are always popular, with examples being their range of Benedicts, Bubble & Squeak, Welsh Rarebit and gourmet sandwiches.
The licensed café has a total of 66 covers – 54 inside and a further 12 outside at the front of the property. Complementing the café is a comprehensive range of take away food and drink options. Dish. Deli & Kitchen also undertake some selected catering assignments. As the business name suggests, there is also a retail deli which currently concentrates primarily on ambient products.
Busy throughout the year, Dish. Deli & Kitchen has a very loyal clientele with circa 80% of customers being regulars, many of whom visit several times per week.
The business is being offered for sale for the first time in 15 years to facilitate the relocation of its owners. It provides a unique opportunity to acquire an established and consistently profitable hospitality business which enjoys an exceptional reputation in the town.
Please note: The vendors have requested that no direct approach should be made to them or their staff, and all requests for information need to be made via Gator Business Sales.
Trading Hours: Monday-Friday: 9.00am-4.00pm, Saturday: 9.00am-5.00pm, Sunday: closed.
Employees: In addition to the two owners who both work full-time, there are currently 7 part-time employees.
Location: Dish. Deli & Kitchen benefits from a prominent location in the affluent and busy town of Romsey, with plentiful parking close by.
Premises Details: Spacious and very well maintained double-fronted ground floor premises totalling approx. 124 sq m/1,338 sq ft.
Lease Terms: The current 9 year lease runs through until September 2029. We are informed that the lease provides the right of renewal for the tenants. Passing rent is £38,900 paid quarterly in advance. Our clients have a rent deposit of £9,725 (one quarter) lodged with the landlord, and the incoming tenants will be expected to replicate this.
Reason for Sale: Relocation.
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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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