Authentic French Delicatessen & Bistro in Kent

Sandwich, Kent
REF: R06295

Asking Price:
£150,000
Annual Turnover:
£472,866
Annual Net Profit:
£52,683
REF: R06295

Overview

Tenure:
Leasehold
Established:
2001
  • Excellent testimonials
  • Massive growth potential
  • Limited competition
  • Prime location

The business for sale is a fully licensed, authentic French delicatessen and bistro in Sandwich, Kent, together with a smaller delicatessen in popular, nearby Deal.

Affectionately known as ‘No Name’, due to its Sandwich location in ‘No Name Street’, it is renowned for its French delicacies, including cheese, charcuterie, freshly baked bread and patisserie.

The business started in 2001 and has grown into a sophisticated French delicatessen and bistro renowned for its fine food and friendly service. The business expanded with a second delicatessen shop in Deal in 2007.

This is a lucrative opportunity for a new buyer to acquire a niche business providing the local community with fine French produce.

The Sandwich location is found within a historic building opposite the Guildhall, with many original features still intact. Sandwich is a popular tourist destination due to its historic setting and several world class golf courses. A variety of French produce, including cheese, olives, charcuterie and bakery items are available in the ground floor delicatessen. There are three large fridge display counters showcasing the refrigerated items. The bistro upstairs has 34 covers and a rustic Parisian theme with stylish, contemporary furniture, exposed beams and an attractive bar. There is an office and small seating area on the second-floor mezzanine.

The Deal shop sells a slightly smaller, but equally good quality French produce, freshly baked bread and patisserie, as well as an attractive range of ceramics. Deal has become a second Brighton, popular with tourists, London families, and couples. The shop is located in the High Street, winner of The Telegraph’s Best High Street Award.

The ideal suitor for the business would be a couple or partnership who can minimise running costs and maximise profits from the business. The purchase opportunity may also appeal to someone keen to enter the catering industry, wishing to purchase a business that is ready to go, with a loyal customer base.

Despite firm foundations set there are still ways in which the business can be grown. The business currently operates during day time only, and the new owner may consider operating the bistro during evening hours. They could also consider offering outside catering, perhaps marketing themselves at wedding fairs or to event organisers. Additionally, they could provide corporate packages, where they cater for business meetings, lunches and corporate events. Currently, advertising has been done mostly by word of mouth. There is a huge potential to market the business through SEO marketing, by banners or leaflet distribution throughout the town.

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  • Historic town locations
  • Tourist destination
  • Car parking nearby
  • Good transport links
  • High street location
  • No local competition
Rent
TBC
Rates
£9,948
Lease Term
Vendor owns freehold
Lease Expiry
###
Square Footage
TBC
Accommodation Included
TBC
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
C 51-75

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

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