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Cafe & Sandwich Bars, North Yorkshire

£180,000

Business rates & charges may apply

Ernest Wilson & Co Limited, EW Leeds
SIZE

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SECTOR

Cafe for sale

Key features

  • Operated totally by staff
  • Thriving business in a fabulous location
  • Beautifully appointed and superbly presented throughout
  • EBITDA in excess of £90,000

Description

CAFE, BAR AND RESTAURANT in Scarborough for Sale.

This is a fantastic and genuinely rare opportunity to acquire a successful business in what must be one of the most prominent trading locations in Scarborough. Situated on the sea front close to the harbour and beach, the business benefits from a fabulous passing trade both day and night, right throughout the year but during the summer months, the site is literally jam-packed with tourists and a better site would be very hard to find! Run from superb premises, held on lease with sensible rent, the business achieves a net turnover in excess of £721,112 and EBITDA* in excess of £90,000 whilst predominantly run by staff. Our client oversees the business from a management perspective but day to day, the business is run by staff which offers a new, working owner, plenty of scope to increase profitability even further. This is a super opportunity to acquire a THRIVING BUSINESS in a FABULOUS LOCATION and earn a very good living.

Premises briefly comprise:
Entrance leads to impressive and extensive main bar with dining area which is both beautifully appointed and superbly presented. Disabled WC. Pot wash with commercial dishwasher and store. Half landing leads to commercial kitchen which offers an array of quality catering equipment with prep area.
Floating mezzanine floor: second dining room offering 30 covers with views over the harbour. Staircase leading to ladies and gent’s WC’s.
Externally, Six tables offering 20 covers to the front.
This landmark building has been sympathetically converted to its present use to a high standard and no expense spared. Viewing here is HIGHLY RECOMMENDED BY THIS OFFICE.
*Earnings before interest, tax, depreciation and amortisation. EPC Band C.

About Ernest Wilson & Co Limited, EW Leeds

The Business Centre, Deanhurst Park, Gelderd Road, Gildersome, Leeds, LS27 7LG

Selling a Business?

Selling a business in the UK? We’ll be with you every step of the way

Selling any business can be a daunting task, but even more so when you’ve worked hard to build your own. That’s why finding the right business transfer agent is so important; you need to trust that you are working with people who have your best interests at heart.

That’s exactly what you’ll find at Ernest Wilson. Our clients’ interests are at the forefront of everything we do, and we’re pleased to have built a reputation based on our passion for what we do, implicit trustworthiness and thousands of recommendations over the last 60 years. Selling your business can be a time of mixed emotions, but we’ll be with you every step of the way.

Ernest Wilson is the leading business transfer agent with offices throughout the UK. We will never ask for payment in advance, not only do we have the necessary expertise to correctly value your business, we also have the resources to professionally market that business and obtain the best possible price in the market.

No advance payments

We don’t believe in asking for payment in advance, so we simply won’t do it. We often find that those who do are more interested in obtaining your signature than finding you a buyer, leaving their clients underwhelmed by the lack of advertising and efforts put in to selling their business.

Our advice is straight forward: if an agent asks for any payment from you in advance, don't use that agent.

Confidential, discreet support

Selling your business calls for discretion balanced with commerciality. We know that simply putting up a For Sale sign often does little more than set tongues wagging and unsettle your staff, and we’re pleased that we sell over 99% of businesses without the need for one.

We don’t give out details of your business to a potential buyer unless they are registered with us. Only then will they receive the full particulars of sale on your business. Our drive, passion and attention to detail in selling your business means we’ll only introduce it to people who are the very best fit.

Unrivalled, interested contacts

Our database of potential buyers is unrivalled by other transfer agents, and we’re proud of our relationships with potential buyers that allow us to understand exactly what they are looking for – meaning we can sell your business faster.

We offer local, regional and online advertising, and have extensive links to finance through a variety of financial institutions which help to complete your sale.

Thinking of Selling

Notes

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Disclaimer - Property reference 590861. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Ernest Wilson & Co Limited, EW Leeds. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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