Exciting Opportunity: Thriving Family-Owned Fully Licensed American BBQ Restaurant for Sale in Whitstable!
Are you ready to step into the sizzling world of American barbecue and take over a highly sought-after establishment? Look no further! We are thrilled to present our successful family-owned business, which has been tantalizing taste buds since 2018. With a dedicated local following and a growing number of out-of-town customers, this restaurant is a proven winner!
Financially rewarding: With a turnover of £109,000 and steadily increasing, this business offers a fantastic opportunity for financial success. And the best part? We're not done yet! With plans to expand from 16 to 22 covers this summer, we only operate 4 days a week, with dinner on Thursdays and Fridays and only lunch on Sundays, so the potential for even greater profits is within your grasp.
Prime Location: Situated on Whitstable's bustling high street, your restaurant will be at the heart of the action. Benefit from high foot traffic and the vibrant atmosphere that comes with it. Whether it's a cozy winter's evening or a bustling summer day, you can count on a steady stream of customers.
Health Issues Prompt Sale: Sadly, due to unforeseen health issues, we have made the difficult decision to pass the torch to a passionate and capable entrepreneur like yourself. It's time for someone new to continue the legacy and take this thriving establishment to even greater heights.
Don't miss out on this amazing opportunity to own a successful American BBQ restaurant with a fantastic reputation and a loyal customer base. Contact us now to learn more and secure your future in the mouthwatering world of barbecue!
- Asking Price:
- £47,000 Inventory / Stock included
- Turnover:
- £109,000
- Net Profit:
- £37,000
Property Information
- Property:
-
Leasehold
- Lease Terms:
-
This is on a rolling 1 year license, perfect for ultimate flexibility, Landlord is great.
- Leasehold Rent:
-
£8,750 per annum
- Location:
-
Whitstable High Street
- Premises Details:
-
Great little gem, up to 22 caps kitchen, back stock room, with garden currently unused.
Business Operation
- Expansion Potential:
-
We currently operate 4 days, just dinner during the week, lunch and dinner on Saturday and just lunch on Sunday, we currently have 16 caps but thinking of upgrading to 22 for this summer, we also have a garden which we do not use but could be an additional 10+ seating. Making this a potential 30+ seater.
- Competition / Market:
-
There’s a multitude of businesses on this high street we are directly across the road from the recently coveted Grain & Hearth on the Good Food channel,
- Reasons for selling:
-
Unfortunately due to health reasons we cannot devote the time business requires to reach its true potential.
- Trading hours:
-
Thursday 5pm-9pm
Friday 5pm-9pm
Saturday 12-3 - 5-10pm
Sunday 12-3
- Employees:
- 5
- Years established:
- 2018
Other Information
- Support & training:
-
We are happy to offer full support on how the business operates, we have great relationships with all our suppliers and we would even be happy to teach the potential buyer the smoking process.
- Furniture / Fixtures value:
- £12,000
- Inventory / Stock value:
- £1,000 - included in the asking price
