Status: For Sale
Tenure: Leasehold
Leasehold Rent: £2,000 per month
Turnover: £120,000
Café Set Within Leisure Centre Open To PublicCafé Set Within Leisure Centre Open To PublicCafé Set Within Leisure Centre Open To PublicCafé Set Within Leisure Centre Open To PublicCafé Set Within Leisure Centre Open To PublicCafé Set Within Leisure Centre Open To PublicCafé Set Within Leisure Centre Open To Public
£65,000 + SAV

Café Set Within Leisure Centre Open To Public

For Sale
  • Reference: 14053 F
  • Location: Lincoln, Lincolnshire
The Café has been operated by the current vendors for just under twelve months and due to them relocating this busy site is now available for a new operator to continue the rapid success and take the opportunity to the next level.

The site has the benefit of its location within the leisure centre and the guarantee of footfall through the Café all year round. The business provides a range of hot and cold snacks including sandwiches and salads as well as a range of delicious hot meals, it also has the benefit of vending machines providing snacks and drinks to customers when the café is not open and has proved to be a lucrative income stream. The current operators have also expanded into protein supplements for gym users which is yet another area for growth. The site is licenced to serve alcohol during certain times.

During the warmer months, the café has the use of the outside courtyard providing an additional 16 covers; which they have used to stage events and BBQ's which have proved very popular. Kid's party catering is provided at weekends, the leisure centre has 4-6 parties on every Saturday and Sunday of the year, of which the cafe provides party catering options for. Various large events also take place during the year; such as the Lincoln 10k running race, Lincoln cycle Grand Prix, athletics events, swimming galas etc. All of which provide additional revenue.

The Wellbeing Café is a rare opportunity for an operator to secure a site in a modern and busy leisure centre with guaranteed footfall as well as a strong lease covenant with little going in costs as all the refurbishment work has already been undertaken.

The hours and the food offering could be expanded further with the new operator putting their own spin on things as well as organising parties and events for the various classes in the gym etc. Opportunity to expand other business avenues with the leisure centre, utilising the business hub onsite and providing business lunches in partnership with the council/leisure centre should also be considered.

TENURE

We are advised the business is being sold as a Leasehold opportunity with the current rent passing at £2,000 per month.
A new 5-year lease is available.

HOURS

The opening hours are currently:

Monday to Friday: 8.30am to 7.30pm
Saturday & Sunday: 8am to 4pm

STAFF

The business is run and managed by the current vendors with the assistance of three-part time staff members assisting.

FINANCIAL PROFILE

We are advised the business has a current turnover in the region of £120,000 per annum, trading limited hours.

There are no rates payable on the business.
Situated in a prime location within the Yarborough Leisure Centre which is run by the City of Lincoln Council. The site is extremely popular with members and the general public alike.

The café is located next to the reception area and enjoys the footfall of participants passing by to gain access to the facilities.

The centre is easily accessible from the centre of Lincoln and the surrounding areas being on a direct bus route as well as having the benefit of ample free parking.
Ground floor café situated within the Yarborough Leisure Centre to the front of the premises.

Additional store rooms just off the café are also included in the lease.

All cooking equipment included in the sale:
Ovens
Grills and stainless steel preparation equipment
Refrigerated display units
Deep freeze and fridges
Cooking utensils and storage.

The seating and tables on the site are included as well as the outside furniture and partitions for the outside BBQ's and events. A turn key business operation for the new incoming operator.

The café area has been refurbished and everything is new.

The café has 40 covers inside.
External seating for 16 covers.

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