Restaurants for sale in Shrewsbury

View the "A rare opportunity to acquire a long established and well renowned wholefood café/restaurant" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

A rare opportunity to acquire a long established and well renowned wholefood café/restaurant

Shrewsbury, Shropshire, England

  • Price: £65,000
Seller Reference: The Good Life
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Business Description
 
 
 
 
 
 
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Seller Reference: The Good Life
Request Details
Business Description
The restaurant trades form an historic two storey retail accommodation providing a café and counter area at ground floor and café restaurant area on first floor as well as storage space at cellar level. There are male and female toilets within the accommodation. The quality of the premises can only be appreciated after undertaking an inspection of the business.

(Detailed accounts on request to genuinely interested parties, disclosure agreements may apply).
The existing proprietor has owned the business for 14 years as a sole trader, although the Good Life café/restaurant has been trading for around 40 years. Turnover for the past 3 years has averaged £173,000, with strong net profits. The business has grown successfully and the cafe has consistently been considered Shrewsbury’s best café/restaurant specialising in vegetarian and vegan foods.

Normal opening hours are 8.45am – 4pm Monday to Saturday. There is currently one full time member of staff and three part time, while the business owner does not work in the establishment they do oversee the business in a management role. The business has a five star food hygiene rating and is fully licensed to serve alcohol.

As of March 2019 Trip advisor rank the restaurant 6 out of 266 in Shrewsbury and has awarded it a Certificate of Excellence while Google reviews rank at 4.7 out of 5 and Facebook reviews are 4.9 out of 5.

Although the business has a loyal customer base, there is scope to increase opening days/hours and further use the licensing of the business. There is potential via developing a dedicated website to increase awareness of the business together with use of Facebook and Instagram. The business is only reluctantly offered for sale as the proprietor has relocated away from the area.
Location Details:
The Good Life Restaurant forms part of an historical building within Barracks Passage which is access from the top of Wyle Cop. Wyle Cop serves as a main tourist route to the town centre. The neighbouring occupiers include Henry Tudor House, Casa Naranjo Tapas restaurant with other occupiers on Wyle Cop including The Lion Hotel, Tanners Wine Merchants, Juliet Chilton Flowers & Interiors, The County Sleep Shop, and a variety of other local specialist traders. The NCP Wyle Cop and St Julian’s Fri
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