Famous 60's Style Busy Seaside Cafe For Sale

Business description

The Ritz Cafe is famously remembered as one of the last remaining traditional cafes. Family owned & run for 100 years, it has provided an excellent income for 4 generations. It is situated in the heart of the town, adjacent to an amusement arcade, cycle hire shop, harbour & bus terminal. The extensive property can accommodate 90 customers and is being sold with all working equipment, CD jukebox and large storage shed. SAV.
At present only a limited snack menu, coffees, teas, ice cream & confectionery is sold. The turnover could be vastly increased by offering a larger menu and expanding opening hours. We benefit from a very busy summer season and also a loyal local trade in the winter months. School Holidays, Special 'theme' weekends & New Year bring many visitors to the island. Millport is perfect for a family day out, being only 7 mins on the ferry from Largs & 45mins to Glasgow.
Accommodation is not included in the sale, however a newly renovated, detached cottage (at the rear of the cafe) is available for sale by separate negotiation.

Property information

Property:

Freehold

Location:

In the main trading area of the town, adjacent to an amusement arcade, cycle hirer, harbour & bus terminal.

Other information

Expansion potential:

Expansion of the menu to include meals, chips & breakfasts.
At present the cafe is open 7 days a week June - August. In winter months (Nov - March) we only open Thurs, Fri, Sat & Sun
April, May, Sept & Oct we are open 6 days a week.
Our hours are 10 - 8pm, but could be expanded by opening earlier and selling breakfasts, and openig later and selling chips would vastly increase turnover.
Selling chips all day would be a money spinner too, as they are frequently asked for.

Competition / Market:

Restaurants offering more up-market menus.

Support & training:

As we do not intend to leave the town, we would be on call for any support and guidance that may be required, however the cafe is easily run.

Reasons for selling:

Other business commitments (non conflicting), semi-retirement

Trading hours:

10 - 8

Website:

www.millport.org.uk/ritz