Leasehold Café/Restaurant Located In Newquay. Prominent Town Centre Location. Licensed.
Veritas Business Sales are delighted to offer for sale this outstanding café, which is located in the Cornish seaside town of Newquay. The business has been established for 50 years and has been in the careful hands of our clients for the past 8 months. Reluctantly, the business is now being offered for sale so that they can concentrate on their other business interests.
Since ownership, they have completely redecorated the premises and continually invested in new equipment along with fixtures & fittings which are all bought and paid for, and included within the sale price, which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The business is owner operated with the help of 1 full time and 5 part-time staff members (depending on the time of year) and has an annual turnover of circa £200,000 with a high GP & net profit. Bunters Café serves a fine range of breakfasts, lunches, cream teas with homemade scones & cakes (all made with fresh local ingredients), cold drinks, freshly made specialist coffee, and fruit teas. The café has internal seating for 60 and external seating for 12..
We believe that there is further potential to increase trade should you wish, by advertising to the many local businesses for lunchtime deliveries during the out-of-season months, making more use of the delivery portals, and opening in the evening. The business has many requests for this but currently closes at 4 p.m. The business enjoys a very strong reputation within the local community and beyond, and as such, it has a high level of regular and repeat business, along with many visiting tourists. This is a superb opportunity to purchase an established business, which is a great base to build upon, and as such, early viewing is highly recommended.