This is a rare opportunity to acquire a popular catering business based in Long Eaton, Nottinghamshire

  • Leasehold Price: £55,000
  • Annual Net Profit: £21,654
  • Annual Turnover: £84,569
Long Eaton, Nottinghamshire, England
Seller Ref:471
For Sale

This is a rare opportunity to acquire a popular catering business based in Long Eaton, Nottinghamshire

Long Eaton, Nottinghamshire, England
Seller Ref:471
  • Leasehold Price: £55,000
  • Annual Net Profit: £21,654
  • Annual Turnover: £84,569

Overview

Seller Ref: 471

Description

This is a rare opportunity to acquire a popular catering business based in Long Eaton, Nottinghamshire. The business is available on a leasehold basis.
The business is a unique concept that was re-branded in 2020. Prior to this, the current owner started the business in 2015 and has continued to build upon its success. This award-winning 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 residents and employees alike. They offer a traditional menu to their customer base and sell items such as breakfasts, sandwiches, burgers, pizzas, paninis, cakes, street food specials, and much more. They occasionally offer an outside catering service and have a catering van which is not included in the sale but can be negotiated on separately should this be of interest to the new owner. There is also huge potential and demand to open the premises as a bistro in the evenings which would increase revenue significantly.
The business has experienced steady growth on an annual basis since they began trading and have built up an excellent reputation in their local community. They are considered a household name in the town and can 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 15 covers.
• High footfall and passing trade.
• Prominent Location in the area
• Quality premises renovated to a high standard.
• Fixtures, fittings, and equipment to be agreed upon
• Minimal overheads i.e., competitive lease
• Minimal competition
• Car parking outside
• Huge Potential for further growth and success.
• Rent just £5,000 per annum!
• Well-established business
• Catering van available to purchase separately.
It is with a heavy heart that the current vendor is selling because of other business interests. 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 for 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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