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.
