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Busy Cafe, Bistro And Restaurant
Location United Kingdom
Asking Price Range < $250K
Gross Revenues $625377
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1940
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Training The vendor would be happy to help out for as long as is necessary, to complete a smooth transaction.
Reason for Sale The vendor has other business interests and has not been able to spend as much time on running the business as he would like to and feels that the business would benefit from someone who could dedicate themselves to the business full time. Reluctantly he
Description Busy Restaurant & Bistro
Ref.AC123
Location Alnwick, Northumberland
Asking Price œ 115,000
This is a superb opportunity to aquire a thriving Restaurant & Bistro located in one of the most popular tourist towns in North East England.
Located in a busy town centre, market place / high street location, the business has traded as a caf‚ since the 1940's. In 2007, the current owner transformed the business adding an upstairs Restaurant to the already profitable bistro. This has been an enormous success doubling the turnover.
During the day the caf‚ serves teas, coffees and light meals. In the evening the licensed restaurant serves excellent, steak meals which are prepared in the modern fully fitted commercial kitchen using locally raised cattle from the neighbouring butcher, ensuring great quality of meat. All of the food produce is locally sourced, with finest quality meat from the local butcher and vegetables also grown and supplied locally.
The premises are extremely attractive with no expense spared on re-furbishment in both the caf‚ and restaurant . The restaurant has a contemporary feel to it and is in a building steeped in history. The building lends itself beautifully to different times of the day, making it a perfect place to have a daytime coffee or to enjoy the welcoming and relaxed atmosphere for an evening meal.
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