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Wonderful Wexford Seaside Cafe Bistro For Sale

Gorey (Surrounds), Wexford, Ireland
Asking Price:
€39,500 Furniture / Fixtures included
Turnover:
€220,000
Net Profit:
Available on request

A GREAT BUSINESS OPPORTUNITY!!!
ASKING PRICE: OFFERS IN THE REGION OF €39,950
(Thirty Nine Thousand, Nine Hundred & Fifty Euro)

BACKGROUND:
This well established Restaurant takeaway business has been an habitual destination for the Many Locals and the Enormous Seasonal Influx of Visitors to this wonderful nostalgic magnet that is this Seaside Town. People have been visiting for decades to this wonderful sun-drenched part of Wexford. The has been trading since 2016, growing in reputation and turnover since day one. While it now draws week-end visitors all year, The Cream is those long summer days with 1000’s of hungry visitors looking for comfort food in a crisp clean environment. The Unit has Excellent Prominent Location with unlimited outside seating. The Business Is Owner managed and would really suit this sort of hands on approach probably 5-6 staff on those very busy days. (While everything can be improved upon if it’s not broken don’t fix it)
LOCATION
Well it is Location Location Location , At the Main Entrance to town this is probably the most unmissable café/restaurant in town’ Taking up a huge street presence with 4 large Panoramic Windows overlooking The Town with eye-catching Alfresco Seating (40 – 50 Seats). This Striking centrally located unit, just minutes from the Beech and all other town amenities which seasonally can draw up to 10,000 visitors per week-end . The business is a great meeting place for many return visitors – but also in recent years has been doing well with local trade and week-end visitors. Caravan Parks and All water Sports are all close by, as locations go it doesn’t get much better.

FINANCIAL INFORMATION

(A) Terms of lease
(B) Lease Duration: 4 Years 9 Months - Renewable Lease
(C) Rent: A mere €230 Per Week. (€500/Month off Peak €1,000 Month on Peak €12,000 Year)
(D) Lease and Equipment - Price €39,950(Includes, Stock, Fittings, fixtures decor & Sundries).
(E) Rates: Less than €40 per Week
(F) The turnover although seasonal varied can do over €200,000 per annum. (with Huge Potential).
We are not offering financials for this unbelievably priced Business, simply key money sale and an indication of turnovers.

STAFF COMPLIMENT
The owner is very Hands-on and indeed has other conquests (hence the sale of this wonderful unit). Normally 2-3 but 5-6 peak times. The Current Well Trained Staff would be prepared to Stay-on to help this business to the next stage.

POTENTIAL

This Wonderful Unit on the Main Square has endless potential as it is the only Café/Restaurant of this style in town. Depending on owner appetite the potential is enormous - already recognised for it’s quality and simplicity this is the go to place in town but This Business is all about Location and Street Exposure with endless passing Trade. The Unit could easily adapt to dual purpose Menus such as daytime Breakfast/Sambo’s/Sides which a stronger evening menu capturing the wonderful Sea Air – with a quality Fish & Chip Bistro or Steaks. The Very Prominent Position will lend itself to any Cuisine Style . Slush Puppies and Ice-Creams would be a Daily Winner at this key site.
DÉCOR AND VENUE STYLE
This is a Particularly Bright Sharp Well Finished Unit of some 75M2 internally with and Additional Street Seating for 40 – 45. The Business makes full use of all possible seating space as seating is of a premium in this well-oiled Eatery. With tones of Sea Blues running through the colour scheme it does exactly what it needs. Perhaps it could benefit with softer touches for the more lucrative evening trade potential. Neat and Neutral Seating 28 Internal Café Style Seats and up to 45 External. W/C Facilities are very clean and adequate.

OPENING HOURS
Unrestricted - Current Owner opens weekends only off Peak Season
But all hands-on for those money making Summer Months.
DETAILS OF ANY ASSETS
This is a FULL complement business of approx. (75m2), Full Barrista Coffee Machine, Fryers, Hot Plate, Fridge and Freezer Storage, Prep Counters, Display Units, and much more kitchen equipment, fixtures, and furnishings. Its all there.. The biggest asset is the fact that the business is a known eatery location on the entrance to Town with a captive audience. Truly a Turn-Key Business in every sense of the word.
DUE DILLIGENCE
The figures and information above is provided by the seller of the business.
Further information/financials/staff contracts, the copy of lease and other details are available on the due diligence process, which documents will be open for viewing after an agreed offer is made and the booking deposit is paid to us as agents.

VIEWING ARRANGEMENTS

Buyers who have completed the confidentiality are welcome to visit the business as a paying customer, but it cannot be stressed any further that you are not to engage with staff other than the nature of normal customer questions. Please refrain from asking any probing questions, we have all the answers to all your questions. Formal viewings will be arranged through us as sole agents.

CONFIDENTIALITY
The sale is of an utmost confidential nature, and all potential buyers are requested NOT to simply arrive at the premises and talk to staff/seller direct. This agent is your contact person throughout all negotiations. Please respect the sellers herein.

Property Information

Real Estate:

Lease

Lease Terms:

Flexible Landlord.

Leasehold Rent:

€12,000 per annum

Location:

Idyllic seaside town in Wexford, surely the most popular!

Premises Details:

Smart well kept and fully fitted out.

Size in square feet:
1,000
Planning Consent:

Full coffee shop and take out.

Business Operation

Expansion Potential:

Ideal premises to add Beach kiosk and outside coffee and bagels to go during summer.

Competition / Market:

This is somewhat of a landmark, so no competition here.

Reasons for selling:

Early retirement

Trading hours:

(7am to 7pm) dependent on operator and season

Employees:
Depending on season, 4 to 9
Years established:
4 years

Other Information

Support & training:

Seller will do a full month handover.

Furniture / Fixtures value:
€20,000 - included in the asking price

Contact Information

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