Bistros for sale in Loughborough

View the "Busy & Profitable Cafe Bistro" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

 Daltons was easy to use and resulted in a number of very positive leads. 

Mr K. Hall (November 2016)
View More
Leasehold Price: £65,000 Price Reduced Under Offer Annual Turnover: £180,000 Annual Net Profit: £30,000
Request Details
Business Description
This bistro café, established in the busy market town of Loughborough in early 2015, provides high quality breakfast, brunch and lunch menus to both the local and student population. There is a strong emphasis on producing a quality experience which is reflected in an excellent Trip Adviser ranking.

The business has an alcohol license and generates sales of c. £180,000 per year, split approximately 70% food sales and 30% wet sales. Sales peak during student term times and also on market day, twice a week. The business is marketed predominantly via social media channels, having developed a strong social media following and has a clean, contemporary website.

The premises covers an area of approx. 2,700 square feet and consists of a 40 seat eating area inside and additional picnic garden, seating 36, with outdoor bar. There is also an open plan kitchen, a back food preparation area and a large cellar. Above the café is a spacious 2 bedroom apartment, for staff use or available for sub-let. The lease is £25,000 per annum (plus rates of £6,897 per annum), with 13 years remaining and rent reviews / break clauses every 3 years. The lease also allows for the tenant to purchase the property after a year, if desired.

In addition to the owners who both work in the café full time, there are 2 part-time members of staff who the owners believe would be keen to stay with the business when it is sold.

There are substantial growth opportunities, including developing an evening menu and potentially an outside catering service. The current owners have enjoyed growing the business to a turnover of c £180,000 and yielding a profit before owners drawings of around £30,000, but the commitments don’t allow the family lifestyle they are seeking and hence the sale. The guide price for the assets and goodwill of the business is £65,000 which will include equipment, fixtures and fittings of around £15,000. The vendors will support the buyer in sensible handover arrangements.

In the first instance please do not try to contact the business direct, but express interest via
Tenure: Leasehold

Number of bedrooms: 2

Accommodation Details: 2 Bedroom apartment

Leasehold Term:
13 years remaining and rent reviews / break clauses every 3 years. The lease also allows for the tenant to purchase the property after a year, if desired.

Listed by:
Find out more about this business for sale opportunity by submitting the form below.
Contact Details Fields marked with an * are required by the seller
* * *
* * *
* *
* *

What happens next?
  • 1We send your email to the business seller
  • 2They will be in contact with you as soon as possible
Would you like ASC to contact you about finance options?
This is a no-obligation service. You will ONLY be contacted by your local
ASC Finance director. Your details will not be passed on to any third party.

Seller Reference:
Bookmark and Share
You May Also Like...