- Advert ID: 640873
- (Seller ref: ref2000)
Freehold Cafe Restaurant and Gift Shop For Sale
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Summary
- Asking price:
- £200 < 500k (Furniture / Fixtures and Inventory / Stock included)
- Sales revenue:
- < £200k
- Net profit:
- < £100k
Business description
Freehold Cafe/Restaurant and Gift Shop for sale. A highly regarded and thriving day time cafe/bistro and evening restaurant in a prime North Wales location, an extremely popular visitor destination. The business, established in 2005, is in a prime location next to a World Heritage Site which attracts 170,000 visitors a year.
The premises and business is immaculately presented in a modern contemporary style.Turnover has grown substantially and the business is now well placed to exploit the three income streams - daytime cafe/bistro, evening restaurant, and gift shop.
Property information
- Property:
- Freehold
- Location:
- Freehold Cafe/Restaurant and Gift Shop for sale. A highly regarded and thriving day time cafe/bistro and evening restaurant in a prime North Wales location, an extremely popular visitor destination. The business, established in 2005, is in a prime location next to a World Heritage Site which attracts 170,000 visitors a year.
The premises and business is immaculately presented in a modern contemporary style. Brand new catering equipment and facilities were all installed during 2005. The restaurant has 40 covers indoors with a further 36 outdoor covers within a courtyard area, of which 16 seats are under a heated canopy.
The business operates during the day as a cafe bistro and opens on occasional evenings as a restaurant. Additional revenue is sourced from an upmarket gift shop incorporated within the building. Turnover has grown substantially and the business is now well placed to exploit the three income streams - daytime cafe/bistro, evening restaurant, and gift shop. Further possibilities for growth include offering outside catering services, functions and private parties, none of which have been exploited to date. The services of the current chef, who has built up an excellent reputation in the locality, may be retained . Staff are generally employed on part time basis (more during busy periods) and the business is currently managed by the present owners. This is an ideal purchase for an owner manager or chef wishing to run their own business in a superb location.
Turnover c. £200K GP 65%
Asking Price £375,000 inclusive of freehold valued at £265K.
Contact the seller
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