No.9 Coffee & Restaurant Perfect Owner Operator
Stornoway, Na h Eileanan an IarEst. 6 years
- Status
FOR SALE
- Advert ID
658461
- Leasehold: £199,500
- Rent: £37,440 (£3,120 per month)
- Turnover: £500,000 (£9,615 per week)
- Profit: On request
Key Features
- Sought-after location in community
- Storage space for inventory
- Streamlined operational model
- Strong sales performance
Business Details
No.9 Coffee & Restaurant Perfect Owner Operator
No.9 is a vibrant coffee shop and restaurant situated in the heart of Stornoway, Isle of Lewis, now available for sale. This busy tourist destination attracts over 100,000 cruise passengers annually and boasts a strong local customer base. The establishment offers a diverse menu throughout the day, featuring brunch, lunch, and dinner options, complemented by a stylish lounge on the first floor, which is ideal for weekend coffee, cocktails, and wine. With seating for 55 and the capacity to accommodate larger groups, this licensed venue also benefits from a fully equipped bar with beer taps, presenting significant opportunities for an owner-operator to thrive in this lucrative market. It can be successfully run from a distance, as the current owner has done.
No.9 showcases a diverse and innovative menu, featuring high-quality dishes that highlight local seafood, meats, and creative appetizers. The inviting and stylish interior design, complete with comfortable seating and ambient lighting, enriches the dining experience for all guests. The fully stocked bar area offers a wide variety of beverages, including an impressive selection of wines and custom cocktails. With an established customer base and a strong online presence, bolstered by positive reviews, No.9 is well-positioned for continued success.
Business Information
Established in 2020, the business has flourished under the current ownership for six years. Located in a bustling tourist town with vibrant local trade, No.9 benefits from a prime location that attracts significant foot traffic. While competition is present, there is ample market share for all businesses in the area. The sale includes all fixtures and fittings, providing a comprehensive package for prospective buyers seeking a turn-key operational solution.
Growth Potential and Support
The reasons for selling reflect a desire for a change in lifestyle rather than any issues with the business, which continues to thrive. The team comprises 12 dedicated employees who are an asset to the operations, ensuring a seamless experience for customers. Furthermore, the current owner is committed to assisting with the transition, providing support and guidance to the new proprietors.
No.9 benefits from numerous advantages, including:
- A sought-after location within the community
- Ample storage space for inventory
- A streamlined operational model that enhances efficiency
- Robust sales performance with strong takeaway options
- A healthy year-round trade bolstered by word-of-mouth recommendations
- Stylish interior decor that caters to a thriving café culture
- A flexible space suitable for various cuisines and dining experiences
- Comprehensive trading and financial information available for review
- Facilities including toilets and wash areas to accommodate customers
With its unique café concept and ample growth potential, No.9 presents an attractive opportunity for anyone interested in joining the thriving hospitality scene in Stornoway.
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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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