This is a rare opportunity to acquire a fashionable catering business based in Lincoln

  • Leasehold Price: £65,000
  • Weekly Turnover: £3,000
Lincoln, Lincolnshire, England
Seller Ref:433
For Sale

This is a rare opportunity to acquire a fashionable catering business based in Lincoln

Lincoln, Lincolnshire, England
Seller Ref:433
  • Leasehold Price: £65,000
  • Weekly Turnover: £3,000

Overview

Seller Ref: 433

Description

This is a rare opportunity to acquire a fashionable catering business based in Lincoln. The business is available on a leasehold basis.
The business is a unique concept that has been successfully operating in its current format since 2020. The business primarily operates as a fashionable cafe selling the very best local produce, with the aim of creating a hub in the local community and bringing quality food to local people and tourists alike. They offer a traditional menu to their customer base and sell items such as breakfasts, sandwiches, hot meals, cakes, and much more. On an evening, the premises is rented out to a sushi business which operate from 4:00pm – 9:00pm Tuesday to Saturday, allowing the owner to bring in £12,000 per year.
The cafe has experienced steady growth on an annual basis since they began trading. However, the business has huge growth potential as the current owner is selling due to not having the time to dedicate to running the business, so a new owner would be in a position to grow the business significantly. They have built up an excellent reputation in their local community and are considered a household name in the town. They can also boast a loyal customer base which has resulted in a vast amount of repeat business.
The premises has been renovated to a very high standard throughout as the current owner has skilfully combined the character features of the building with modern fixtures and fittings. The business is also located in one of the busiest areas of the town and can boast 32 covers.
• High footfall and Passing Trade
• Highly Sought-After Location in the area
• Prominent Location in the area
• Loyal Customer base
• Quality Premises Renovated to a High Standard.
• 32 covers
• All Fixtures and fittings included
• Competitive lease
• Minimal Competition
• High Turnover – £3,000 (weekly approx.)
• Huge Potential for further growth and success.
It is with a heavy heart that the current vendor is selling because of other commitments. Due to the location and financial performance of the business, we strongly advise a viewing to avoid disappointment. This business represents an excellent opportunity for an entrepreneur looking an established business within the catering sector or an existing business looking for a lucrative acquisition.
We have received many enquiries on this business at an initial stage so please contact us to arrange a meeting to avoid disappointment.

Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
Stock at valuation

Listed By:

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