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Beach concession Kiddies Corner in Margate Kent available for sale

Margate, Kent
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  • Status

    FOR SALE

  • Advert ID

    652561

  • Leasehold: £100,000
  • Rent: £9,200 (£767 per month)
  • Turnover: On request
  • Profit: On request

Key Features

  • Family run business
  • Low initial investment cost
  • Positive local reputation
  • Potential for revenue growth

Business Details

Beach Concession for sale

Kiddies Corner, a well-established beach concession located on Margate's main sands, has been a cherished family-run business for over 50 years. This long-standing presence not only speaks to the reliability of the operation but also to its integration into the local community, making it a recognisable name along this popular coastline. There exists substantial potential for new ownership to revitalise this business and embrace a vibrant lifestyle by the sea.

Situated in a prime location, Kiddies Corner benefits enormously from its proximity to various amenities, including shops, restaurants, and essential public services. The availability of a high-speed train link to London further enhances its appeal, drawing a diverse range of visitors to Margate. Importantly, the area boasts very little competition, positioning the business favourably for continued success.

The current owners have enjoyed a fruitful tenure of more than a decade at Kiddies Corner. Recent adjustments, such as an increase in the price per ride to £3.00, have resulted in improved turnover, reflecting a robust business model that capitalises on its popularity. Additionally, all fixtures and fittings relevant to the operation are included in the sale, allowing for seamless transition and the potential for further investment to enhance or modernise equipment.

Reasons for Selling

The decision to sell comes as the owner seeks to prioritise family life, with young children prompting a desire for a more conventional 9-to-5 job. This transition opens the door for an enthusiastic new owner ready to take the helm.

Business Overview and Opportunities

Kiddies Corner boasts a range of appealing features that position it well in the marketplace. As a family-run business, it possesses a loyal customer base and a positive local reputation that enhances its visibility. Furthermore, the low initial investment cost makes it accessible for aspiring entrepreneurs, while the potential for revenue growth remains significant. The business is well-suited for seasonal events, providing additional opportunities for revenue generation and community engagement.

Currently, the business has a flexible staffing structure, employing 3 to 5 staff members as needed during peak times. However, there is room for improvement in terms of online presence, representing an untapped avenue for enhancing the customer reach and brand visibility. Overall, Kiddies Corner presents a rare opportunity for anyone wanting to establish a thriving business in a beautiful seaside location.

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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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