Authentic Italian Bistro in Lincolnshire

Lincoln, Lincolnshire
REF: R06164

Asking Price:
£60,000
Annual Turnover:
£76,817
Annual Net Profit:
£24,639
REF: R06164

Overview

Tenure:
Leasehold
Established:
2005
  • Awarded one of the best places to eat in Lincoln by The Guardian
  • Cater to a variety of dietary requirements
  • Featured on Deliveroo
  • Long-standing and established
  • Huge scope for growth

The business for sale is an authentic café/bistro serving delicious Italian cuisine in a cosy, welcoming atmosphere.

For over 11 years, the bistro based in Lincoln has delivered a swift service preparing fresh, made to order Italian cuisine. The business serves a wide range of food and beverages to their clients, including baked/homemade goods. The business also sells light snacks such as paninis and cakes, in addition to a full menu featuring starters, main courses and desserts.

This impeccable Italian café serves only the most authentic of dishes in its beautifully presented premises. The business has maintained an exceptionally high standard throughout the years by sourcing the finest ingredients. It has since garnered a great reputation and loyal customer base through its broad menu and friendly service.

The café caters to a wide variety of dietary requirements and offers both takeaway and delivery through Deliveroo™. The business is for sale on a leasehold basis.

The premises are compact making it extremely manageable for a potential buyer. As clients enter the premises, they are greeted to a seating area for 16 customers. There is a refrigerated counter showcasing some of the stock. Towards the rear of the seating area there is a small kitchen for the use of staff to prepare the ingredients. The business also has an outside terrace which is hugely popular during the summer months. This area can accommodate another 16 covers.

All fixtures and fittings are integrated within the sale. This includes all tables and chairs, coffee machine and other cooking equipment.

Despite firm foundations set there are still ways in which the business can be grown.

Opening earlier and serving breakfasts could be one way of expanding profits. A new owner may also consider offering outside catering; perhaps marketing themselves at wedding fairs or to event organisers. They could offer corporate packages, where they cater for business meeting lunches and corporate events.

Currently advertising has been done mostly by word of mouth. There is a huge potential to market the business online or by banners or leaflet distribution throughout the town.

The purchase opportunity may appeal to someone keen to enter the catering industry, wishing to purchase a business that is ready-to-go, with a loyal customer base.

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  • Lincoln
  • Town centre location
  • High footfall location .
  • Ample amount of parking
  • Limited amount of competition.
Rent
£9,800
Rates
£910
Lease Term
New lease to be negotiated
Lease Expiry
10 years available
Square Footage
TBC
Accommodation Included
No
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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