Cafes for sale in West Country

View the "CAFÉ BAR/RESTAURANT plus EVENT/OUTSIDE CATERING" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

CAFÉ BAR/RESTAURANT plus EVENT/OUTSIDE CATERING

Devon, England

  • Freehold Price: £550,000
  • Leasehold Price: £99,000
  • Annual Turnover: £309,607
Seller Reference: TR34418N
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Business Description
 
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Seller Reference: TR34418N
Request Details
Business Description
Unique CAFÉ BAR/RESTAURANT plus EVENT/OUTSIDE CATERING, daytime and evening trade, popular EAST DEVON town, close to coast, commands excellent reputation. Substantial 5* premises, offering masses of character, 2 storey café/restaurant premises, provide approx. 50 covers, alfresco terrace, bar, commercial kitchen, preparation area, storage to include walk in cold room, huge valuable equipment inventory . Adjoining self-contained event/outside catering premises, very spacious, recently refitted and comprehensively equipped, provide substantial covered store which can accommodate vehicles/trailers ensuring easy loading/unloading for events, additional adjoining main production premises, comprise preparation, kitchen, packing, wash-up and utility areas plus walk in cold room, no major expenditure considered necessary. Useful car parking area offering sufficient space to accommodate catering trailers, adjoining self-contained cottage providing 2/3 bedroom accommodation, suit owners or can be rented out. Established business which continues to grow, offering popular seasonal menu, drawing trade from wide catchment area, enjoying regular repeat trade, holding bookings in respect of events for all types of occasion, a side of the business lending itself to further development. Sales 2018 £309,607 ex Vat, Gross Profit £216,149 (70%), sound levels of profitability, rare opportunity. Freehold £550,000 sav OR Leasehold £99,000 sav Ref: TR/R/V34418N

Tenure:
Leasehold, Freehold
Is accommodation included?:
Yes
Listed by:
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