Business For Sale: Modern cafe bar situated in coastal town along the Wild Atlantic Way.
Go For Brokers are delighted to list this unique turnkey opportunity.
Great opportunity for someone living nearby or looking to relocate.
Asking: €85,000 - (includes fixtures, fittings and related additional eCommerce turnkey start-up business).
Turnkey refurbished cafe bar restaurant in an amazing waterfront location.
Characterful modern fitted out interior.
Extremely favourable rent: just €13,000 p.a. Rates: just over €1,000. Probably one of the lowest rents in Ireland!
The business currently opens just 4 days per week. A new owner could easily trade 6 - 7 days per week.
Turnover: Jan - June ‘22: €97,000 (projected turnover for the whole of 2022: €225k+). This projected turnover is based on opening 4 days per week (up until April ‘22 the business just opened just 3 days of the week.
A significant revenue source could be generated from an ecommerce opportunity related to food - owner is happy to discuss with a buyer the previous trials to date, and share details on the eStore which is ready for launch.
A new owner, without making any changes or launching the eStore, could expect to pay themselves a €50,000+ salary (based on current figures / salary paid).
Stock: €8,500 (available separately).
Reason For Sale: the owners are starting a family. One owner is returning to their previous career (non food).
The restaurant has built-up a great reputation for quality food and friendly service which is reflected with positive online reviews.
For more information (Information Memorandum) please get in touch with Go For Brokers via the link.
Photo for illustrative purposes only. Actual photos available within the Information Memorandum.