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Well Established Cafe With A Renowned Reputation For Sale

Barry, South Glamorgan, UK
Asking Price:
£39,995
Turnover:
£100,000
Net Profit:
Available on request

Business
Please Quote Reference B05763

Hilton Smythe are pleased to have been given the opportunity to manage the sale of The Eating Room which is a well-established Cafe / restaurant with a renowned reputation amongst residents. This is a superb opportunity to take on a high turnover local business in an area teeming with customers.

The Eating Room was founded by the current owner in 2018 and the business has been a real labour of love for him, accruing an impressive number of regular customers and a burgeoning reputation.

The business is now being sold albeit reluctantly and with a heavy heart only due to a need to relocate, possibly abroad. The vendor is keen to see his beloved food business pass to an ambitious and entrepreneurial new owner who can take it to the next level.

The Eating Room offers an extensive range of English and Chinese dishes which are freshly prepared on the premises using local ingredients wherever necessary. The menu includes:
Starters.
Classic Dishes.
Chicken.
Ploughman lunches.
Homemade Burgers.
Rice dishes.
Chop Suey dishes.
Peking Sauce dishes.
Chow Mein dishes.
Curry dishes.
Extras.
Desserts.
Hot and cold drinks.
Daily specials.

The sale will include the company Facebook page and the business enjoys great visibility on the internet.

Scope to improve:
Advertising and marketing campaign, a local leaflet drop always yields good results.
Maximise the use of social media.
Website ideally with an online ordering facility.
Extend the opening hours.
Expand the outside catering side of the business.

Reasons to Buy:
A well-established business with an enviable reputation and many existing customers.
All fixtures and fittings included making this a real Turnkey business opportunity.
Current owner happy to offer a handover to ensure the continued success.
Ideal owner managed or partnership business.
Low running costs with inexpensive rent and no business rates.

Hilton Smythe highly advise early viewing to avoid disappointment.

This lovely little business is likely to attract considerable interest.

Location
The Eating Room is in Barry Island.

Barry Island is a district, peninsula and seaside resort, forming part of the town of Barry in the Vale of Glamorgan, South Wales. It is known for its beach and Barry Island Pleasure Park. It was used as the setting of the BBC TV show Gavin & Stacey.

The Eating Room is ideally situated just off the main shopping area of the town and thus benefits from high levels of footfall and passing trade.

The business is nicely presented and maintained with clear visible signage and distinctive livery. There is free on street parking nearby as well as several inexpensive public car parks.

Premises
The Eating Room occupies the ground floor of an attractive, period style property and briefly comprises:
Café / Restaurant;

Windows and glazed door to front creating a light, airy and inviting interior, generously proportioned and fastidiously maintained, wooden flooring and high ceilings, refrigerated gateau display, pendant lighting, tables and chairs currently providing approximately 30 covers but room for more if required, bespoke counter with tiled front and timber worktop, glass fronted drinks chiller, Fracino coffee machine, Fracino coffee grinder, perimeter shelving.

Kitchen;

Tiled floor, full extraction system with stainless steel canopy, meat fridge, upright fridge, upright freezer, Buffalo Salamander grill, Flavel 5 ring range cooker, griddle, Panasonic microwave, 2 single basket fryers, Inferous induction oven, stainless steel preparation tables, 1 ½ bowl sink with Monobloc tap, range of base units and complimentary worktop, magnetic utensil storage.

WC;

With tiled floor and white, close coupled toilet and hand wash basin.

Leading To:
Bin storage.
Freezer / Dry Goods Room.
Stainless steel sink, perimeter shelving, Hotpoint upright fridge, 2 chest freezers, upright Blizzard fridge.

Tenure
We are advised that The Eating Room is being sold as a leasehold business opportunity.

The existing 5-year lease has approximately 3 ½ years remaining and we are advised that the landlord would be happy to negotiate a mutually acceptable lease with a new owner.

The current rent is £7992 per annum which is reasonable given the size and location of the premises.

We are advised that the business benefits from being exempt from business rates.

Hours
Monday to Saturday: 09.00 – 14.00, 17.30 – 22.00

Sunday: 12.30 – 15.30

Staff
The business is run and managed by our client with the help of a part time member of staff and a part time delivery driver.

Financial Profile
The Eating Room generates an advised current turnover of circa £100,000 per annum and continues to grow at an impressive pace. For further information quote reference B05763.

Property Information

Property:

Leasehold

Contact Hilton Smythe

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