Business for Sale in England: West Sussex - VERY POPULAR CAFÉ/RESTAURANT IN CHICHESTER - Leasehold: £190,000

Key Information

Ref
C33343T
Type
Food Service Businesses: Cafes
Location
England: West Sussex
Tenure
Leasehold
Status
For Sale
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This very popular café/restaurant has an excellent location in the centre of Chichester with a good number of offices and major retailers nearby.

Established by the vendor in 2003, the business has since gone from strength to strength and has established an excellent reputation backed up by some glowing online reviews. Entirely staff-run at present, the number of employees varies according to the time of year.

This is a popular daytime meeting and eating venue serving a quality freshly prepared menu including breakfasts, salads, light bites, a selection of main meals and daily specials, sandwiches, wraps and desserts. Beverages include teas, coffees, soft drinks and a range of beers, wines and spirits.

The most recent trading accounts show annual sales of £294,574 with a gross profit of £215,983. With a favourable rent and no business rates payable at present, the business returns an excellent net profit to the current owner.

There is ample scope to extend the current opening hours, perhaps introducing an evening bistro menu and/or running special evening events. We understand that the premises are licensed until midnight, and are already used for private functions and parties from time to time.

For new owners, this is a rare opportunity to purchase a thriving and renowned catering business in a prime city centre location.

This is a highly confidential business sale. For further information, please email markjameson@emfgroup.com or call 01273 803777.

Ref: C33343T LEASEHOLD: £190,000

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