Sold

60 Cover Café in Prime Trading Location

Weymouth, Dorset

£125,000 +SAV

Ref: 14070 I

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Description

Hilton Smythe welcomes to the market Granby Diner, For Sale after several years of ownership due only to our client’s other pressing business interests. Ideal for a hands-on husband and wife team or partnership. A delightful café offering traditional light bites, tea & coffee, a fantastic breakfast menu, burgers, salads & sandwiches, lasagne, cottage pie, and plenty of other home cooked staples. Circa 60 covers, with very popular and imaginative menus on offer. The business is also locally renowned for its outside catering including sandwich rounds, buffets, corporate catering, and functions. A popular and busy business with plenty of genuine repeat custom, passing trade and a readymade on tap clientele from the business park. In our client's ownership for many years and locally renowned, the café has excellent online reviews from such sites as TripAdvisor very often scoring 4.5 to 5. Benefitting from Twitter exposure and a vibrant looking and engaging website which drives the outside catering business, there is still plenty of scope and growth remaining for new blood operators. Although an already successful business that has been growing annually for the past 4 years, there is always room for organic growth. The business turnover since our client’s take over has been consistent, and is currently on an upward trend. Plenty of scope exists to further the sandwich rounds and outside catering part of the business, offering excellent net profits for a more hands-on husband wife team or partnership. It is also worth considering experimenting with the opening times or seeking a liquor licence or A3 planning. Please contact Hilton Smythe for further information.

Tenure

Leasehold

We are advised the business is being sold as a Leasehold opportunityOriginal lease length: 25 YrsRemaining lease length: 4 Yrs Review period: 5 Yearly Rent: £926 PCM.

Hours

The business opening hours: Monday to Friday 07.00am to 3.00pmSaturday 08.00am to 2.00pmSunday closed.

Staff

The business is run largely by the 3 full time, 2 part time and hours worked by the Directors.

Financial Profile

We are advised that the turnover is circa £240,000 per annum net of vat, with gross profit margins of around 60%.

Location

Granby Diner is located on a prominent trading estate on the outskirts of Weymouth, within the county of Dorset. Situated at the centre of this busy and popular business park and trading estate, the café is surrounded by and benefits from plenty of adjacent businesses, trade counters, and complimentary operators. Easily identifiable with vibrant and attractive signage, there is plenty of off and on road parking to the front, surrounds, and approaches. On the outskirts of central Weymouth, Granby Industrial Estate is circa 2 miles from the centre of town and is home to Screwfix, Europcar, and Vauxhall amongst others. Following the legacy of the 2012 Olympic sailing events, Weymouth has benefitted from much investment and improvement in respect of local transport, infrastructure, and road networks and has superb links with nearby Dorchester, Lyme Regis, the West Dorset Heritage Coast, Bournemouth and the South Coast.

Premises

A pleasant looking mainly stone clad building, largely open plan restaurant style premises, circa 25 sqm. Well maintained and tastefully presented throughout, there are circa 60 covers in its current configuration. A nice colour scheme, décor and ambience make for pleasant surroundings, being light, airy and spacious, with plenty of window elevations to two sides. Briefly comprising, entrance vestibule, front of house with loose dining furniture, laminate flooring, and PVCu double glazing, counter servery and waitress station with refrigerated counters, back bar coolers, and coffee machine. Large and fully equipped stainless steel trade kitchen to rear complete with cooking range, extraction, prep and serve and hot cupboards. Ladies & Gents WC’s, good sized prep rooms, dry stores, and ancillary areas with rear door access to outside yard space. To the outside front is a delightful Al’Fresco area with external timber tables and foliage screening, circa 25 covers.

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