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AC207 -Traditional English Style Restaurant with Locally Caught Fish a speciality

Asking Price: GBP 75000
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Business Location: United Kingdom » Kent » Kent coast 
Category: Food » Cafes & Restaurants
Description:
Traditional English Style Restaurant with Locally Caught Fish a speciality
Ref.AC207
Location Kent coast
Asking Price £ 75,000
Although a relatively new establishment having opened in August 2008, this traditional English style restaurant, ideally located in the heart of a picturesque Kent coastal town and situated just a few yards from the seafront, is rapidly becoming a firm favourite amongst the large volumes of local residents and holidaymakers visiting the area as a result of its wide range of delicious food and wine.

One of the few quality restaurants in the town, this business enjoys a fairly exclusive mid market position. Occupying a very attractive building that was refurbished when the business was opened in August 2008, this business offers a very high standard of very well-cooked and very reasonably priced food in a very relaxed, modern, intimate and enjoyable atmosphere. Compact – with just over 30 covers in all, stripped wooden floors, wooden tables, linen tablecloths and napkins, the décor is light and airy whilst being warm, welcoming and informal – as appropriate for a low key business lunch during the day as it is for a romantic meal for two, dinner with friends or colleagues in the evening or a party to mark a wedding anniversary or special birthday.
Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
N/A
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area: N.A.
Year Established: 2008
Is Relocatable?:
Yes
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Reasons for selling:
Having been involved in the catering and restaurant trade for a number of years the current Owner feels it is time for a change in direction.
Market competition and expansion:
Situated in the heart of the restaurant area in the town – an area which over the years has become synonymous with excellent food and drink, this business benefits from high levels of awareness and footfall from people drawn to the area in general. What marketing the business has undertaken has revolved around press advertising in local glossy magazines and mailings to businesses and local residential areas. The business is also about to embark on a very cost effective local radio campaign and operates a customer loyalty scheme offering a 10% discount and priority bookings for key trading periods.
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