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Established Licensed Cafe With Garden In Nottinghamshire For Sale

Eastwood, Nottinghamshire, UK
Asking Price:
£58,750 Furniture / Fixtures included
Sales Revenue:
£80,000
Cash Flow:
Under £50K

An ideal opportunity for someone to take over a successful established business, we have a great reputation and are currently number 1 cafe in the Eastwood area and highly ranked within Nottingham area on Trip Adviser.

The cafe has previously won runner up in a National Cafe of the Year competition and Best of Broxtowe Awards and has a prime position on the street.
We are well known for our outside catering and we have a number of high profile corporate clients on our books plus venues that recommend us regularly for functions.
We have run this family business since 2011 making it into a versatile cafe which can easily turn into a Bistro or Cocktail Bar/Micro Pub in the evening or be hired out for private hire.

We have a lovely walled garden and sheltered garden which can be split into 2 for use Summer or Winter.
Eastwood Town Centre over the last couple of years has increased its footfall and popularity and has an active night life which could be exploited to increase turnover.
It is with sadness that we are selling our business but due to health and personal reasons we have decided that the time has come to wind down and hand over the cafe to someone who can reach its full potential.

We open from 8.30-2pm Monday - Saturday serving breakfast, lunches, snacks, afternoon teas and Picnic Tables.
We have WiFi set up, credit card terminal, 5000 likes on Facebook and an excellent website.

We have an alcohol license and the decor of the cafe can easily transform it from a coffee shop to Bistro/cocktail bar.
There is lots of scope to improve the turnover which we have been reluctant to utilise due to personal disabilities restricting us but this is an ideal opportunity for someone to build on what we have already achieved.

If interested, please contact the seller through the form on this page.

Property Information

Property:

Leasehold

Lease Terms:

Currently on a rolling lease but Landlord is open to doing different terms if required

Leasehold Rent:

£6,713 per annum

Location:

Eastwood, situated on the main high street with a large public car park at back of premises and bus stop very close. Excellent Location

Premises Details:

The cafe holds 26 covers with an extra 45 covers outside. The only cafe locally with a large lovely walled garden plus a smaller sheltered garden.

Business Operation

Expansion Potential:

There is an ideal opportunity for the buyer to expand. Eastwood Night life has increased so much during the last couple of years and there is potential for evening opening, Sunday opening and expending opening hours.

Competition / Market:

There are other eating places in Eastwood but during our 9 years here we have survived Costa Coffee opening (and then shutting), Wetherspoons (opened about 5 years ago) and other eating places opening keeping our high reputation and customers.

Reasons for selling:

Selling due to Health reasons, had major operation last year and cannot give it the time and effort required. Ready to wind down and put feet up more.

Trading hours:

Monday - Saturday 8.30-2pm

Employees:
3 plus Saturday staff
Years established:
9

Other Information

Support & training:

Happy to offer any help or support to keep the business a success

Website:
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Contact Information

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