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French Creperie Restaurant for Sale in Ryde Isle of Wight

Ryde, Isle of WightEst. 5 years

CONFIDENTIAL

  • Status

    FOR SALE

  • Advert ID

    657614

  • Leasehold: £75,000
  • Rent: £13,000 (£1,083 per month)
  • Turnover: £175,000 (£3,365 per week)
  • Profit: On request

Key Features

  • Flexible operating hours
  • Flexible viewing arrangements
  • Additional amenities and car parking nearby
  • Additional investment opportunities available

Business Details

French Creperie Restaurant

Discover an extraordinary opportunity to acquire a well-established French creperie restaurant, operating successfully since 2021. With a solid foundation laid over five years, this business is poised for continued growth. Nestled in a prime location along the bustling High Street, the restaurant enjoys proximity to popular establishments such as Costa Coffee and Boots pharmacy, attracting a steady stream of customers.

This creperie stands out in its competitive landscape, facing minimal rivalry for its unique offerings. All fixtures and fittings are included in the sale, ensuring a seamless transition for the new owners. Over the past year, the restaurant has experienced an impressive turnover increase of 10 to 15%, highlighting its potential for sustained profitability. Unfortunately, personal health and reasons compel the current owner to sell.

Currently employing four dedicated staff members, the restaurant boasts a robust online presence across platforms such as Facebook and Instagram, alongside its dedicated website. The outgoing owner is willing to provide training and co-manage the business for a transitional period, ensuring continuity for the new proprietors.

Exceptional Features and Amenities

This creperie offers flexible operating hours and viewing arrangements, facilitating an effortless integration for potential buyers. The location benefits from an abundance of nearby amenities, including ample parking, making it convenient for patrons. Notably, the restaurant enjoys low operating costs and rent, contributing to its financial attractiveness.

The premises are well-equipped with essential infrastructure, including air conditioning and comprehensive kitchen facilities, alongside a professional CCTV system. The ambience created within the space is perfect for social gatherings, supported by an attractive and spacious layout that accommodates ample customer seating.

Community Engagement and Compliance

With a community-focused environment, the restaurant engages with local events, fostering goodwill and brand loyalty. All necessary licenses, including the potential for an alcohol license, are in place, ensuring compliance with health and safety regulations. This attention to detail, combined with the charming decor and inviting atmosphere, makes this business an appealing prospect for any buyer.

In summary, this French creperie restaurant offers an exceptional investment opportunity for those looking to step into a thriving culinary establishment in a prime location. With significant growth potential and a supportive community environment, this business is set to continue its successful trajectory.

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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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