Well established Cafe business for sale
- Asking Price: £60,000 +SAV
We are advised as per the 2020 accounts, the business generated a turnover in the region of £75,000, with an adjusted net profit in the region of £25,000. Full financials can be made available upon further request.
Please quote reference B06460
- Tenure: Leasehold
Please quote reference B06460
Hilton Smythe is delighted to welcome to the market on a leasehold basis a well-established and very popular café business benefiting from a coastal location.
The Shore Cafe has been under the careful and meticulous ownership of our client for a number of years and has only now been introduced to the market for sale as our client wishes to take well-earned retirement.
The business offers quality fayre in a pleasant and relaxed setting with patrons being able to dine both inside and outside taking advantage of the sea views.
The café has the ability to cater for 26 covers inside, with an outside area which can cater for 60. The business benefits from excellent local trade and return business from tourists and visitors to the area. It must also be noted that current turnover is generated on limited trading hours over 5 days a week, leaving a new owner with plenty of scope to increase trading options.
All fixtures and fitting are included in the sale along with;
- Microwaves, fridges, freezers, double fryer, double grill, halogen oven, toaster, sandwich toasters, steamer and water boiler, dish washer, crockery for 60 plus including China cups and saucers, till, inside tables and chairs, outside tables benches plastic seats, cake domes.
Very rarely do such well-established, popular businesses come to the open market, therefore early viewings must come highly recommended to avoid disappointment.
We are advised that the business is owner run and managed with the help of occasional part-time staff.
The business hours are -
Monday – 09:00 – 15:30pm
Tuesday - Closed
Wednesday – Closed
Thursday – 10:00 – 15:30
Friday – 10:00 – 15:30
Saturday – 10:00 – 16:00
Sunday – 10:00 – 16:00
The business is located in the popular village of Hest Bank, right on the shore. The village is well serviced with amenities including village stores, primary school, village hall and bus routes to Lancaster with the M6 motorway being easily accessible, providing links to areas further afield including the Lake District.
The business is located in charming café premises, briefly comprising, bright main café area with a mixture of tables and chairs, along with a service counter, located to the rear is a fully equipped kitchen area with a host of appliances. Externally there is an area for outside dining with a selection of tables with the premises further benefiting from having a large walk-in cellar, wooden shed for storage of garden furniture, private parking for 8 cars plus free parking for numerous cars and fantastic panoramic views across Morecambe Bay to the Lake District.
We are advised that the business is being sold on a Leasehold basis, with 12 years remaining on the 15 year lease. The rent is currently £830 per month.