1960s Diner Cafe in Kent

Whitstable, Kent
REF: 05057

Asking Price:
£59,950
Annual Turnover:
£69,400
Annual Net Profit:
TBC
Recently Sold
REF: 05057
Photo of 1960s Diner Cafe in Kent
Photo of 1960s Diner Cafe in Kent
Photo of 1960s Diner Cafe in Kent
Photo of 1960s Diner Cafe in Kent

Overview

Tenure:
Leasehold
Established:
2013
  • Established four years ago
  • Prime location
  • 5 star food hygiene award
  • 1960’s themed fixtures and fittings throughout
  • Excellent growth potential

This is a great opportunity to acquire a well-established 1960’s themed diner situated in a prime location in a affluent part of Whitstable.

The business is well-established, has an excellent reputation and offers the new owner vast scope to increase the business sales and turnover.

The business is highly successful and offers customers high quality food and beverages.

The premises have a 5-star food hygiene award and use fresh, local produce.

The business trades as a catering company, operating as a cafe. The current owner has built a business with an excellent reputation and loyal customer base. There is still great opportunity for growth.

Currently the business is only open Monday - Saturday 7.30am - 2.30pm. Increasing opening hours and opening on a Sunday could increase turnover. Adding new menu items such as sundaes, knickerbocker glories, a range of ice creams and Crepes could also develop the business.

Total covers between the outside (12) and inside (26) are 38. Inside there is a mix of open plan tables & bench seats/ chairs. There is a service counter, large Coca Cola display fridge and cash Register.

At the back, there is a fully equipped kitchen, stockroom and customer toilet. Also included are 2 Freezers/ glass fronted shop shelving (worth over £1,000) and air conditioning units. To the rear of the cafe is a small warehouse and car parking spaces for up to 12 cars.

Turnover is in the region of £120,000, though the business has previously been more profitable. The vendor has recently secured a new 10 year lease for the new owner.

Intelligent Business Transfer are pleased to offer this catering business for sale. The business operates as a cafe but also has an A1 Licence for a convenience store as well as an A3 Licence for catering. Currently they do sell a small range of convenience goods, however there is a lot of scope to expand this further.

Established in 1986, the business serves customers from the local area with a menu including breakfasts, hot and cold drinks, a lunch menu, kids menu, dinners and snacks.

The business can be grown by increasing opening hours, adding more menu items and better marketing & advertising. Increasing the use of Facebook, Google and TripAdvisor could all attract more customers.

This represents a good opportunity for anyone who is looking for a catering business which is well established, successful and has vast scope for growth.

Intelligent Business Transfer has been requested to find a suitable buyer.

Location

Property

Annual Rent
TBC
Annual Rates
TBC
Lease Term (Years)
TBC
Lease Expiry (Years)
TBC
Accommodation Included
TBC
EPC Rating
C 51-75

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

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