Leasehold Seafront Café Bar & Takeaway Located In Portreath. Fully Licensed and highly profitable.
Veritas Business Sales are delighted to offer for sale this well established prominently positioned Seafront Café Bar & Takeaway which is located in the seaside village of Portreath, Cornwall. The business has been established for over 50 years and has been in the careful hands of our clients for the past 4 years and is now being offered for sale so that they can enjoy a well deserved retirement.
Since ownership they have totally refurbished, redecorated 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 8 full time and 8 part time members of staff (depending on the time of year) and has an annual turnover of £937,759 with a GP of £574,296 (61%) and producing very high profits. The Atlantic Cafe benefits from a fully licensed bar & restaurant and serves a fine selection of traditional cooked breakfasts, breakfast sandwiches, starters, homemade soups, light bites, fish & chips, burgers, snacks for the beach, condiments which can be accompanied with a selection of local draft beers, local wines and hot & cold drinks. All fayre is cooked to order using only the finest local ingredients.
We believe that there is further potential to increase trade should you wish by investing in a new state of the art website to enable click and collect and by joining the online delivery portals such as Just Eat & Deliveroo . The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many visiting tourists. This is a superb opportunity to purchase an established and highly profitable business which is a great base to build upon and as such early viewing is highly recommended.