Summary
- Asking price:
-
£365,000
- Sales revenue:
- Available on request
- Net profit:
- Available on request
- Years established:
- many
Business description
Coastal taerooms with significant scope for expansion.
Property information
- Property:
- Freehold
- Living accommodation:
- Large residential apartment 3/4 bedrooms in beautiful condition
- Location:
- Prime location in the heart of this historic town.
Other information
- Expansion potential:
- The owners have created a very attractive and prosperous business which revolves around a very simple business model, arguably the facilities are currently underutilised and there is significantly an opportunity for growth, the town is short of an evening dinner venue and maybe new owners would look to offering both daytime and evening menus there is certainly the space for these types of activity and the location would suit this departure; especially as additional soft seating area’s could be created to provide a pre dinner reception and maybe a small bar.
There are potentially additional retail areas in the business that could be created with a little modification these could be used to merchandise other food related products, a deli for example.
New owners could change the overall theme of the facility and create an new catering genre in which case there is even an opportunity to have a takeaway reception which would not interfere with the diners and as such make the facilities especially useful for a pizzeria or Asian/oriental takeaway cum restaurant restaurant. We are advised that there is nothing similar in the immediate locality.
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