Buy a business

Delicatessen and Cafe for Sale in busy East Sussex Town

Hove

Advert ref: 1037SPT

Business Partnership is pleased to have been appointed as sole selling agent to seek a purchaser for this very well positioned business, which has only been made available for sale due to our client wishing to concentrate on their other business.

Barneys delicatessen and cafe was established by our client just before the pandemic and fast become a very popular destination for locals and passing visitors to drop by to purchase fabulous locally sourced produce such as cheeses, jams, pickles etc. In addition to being a very well used cafe serving up lovely breakfasts lunches and sandwiches, again all made from locally sourced produce.

The business benefits from a license to sell alcohol and has had many cheese and wine evenings which proved very popular with the cliental.

They offer bespoke gift hampers, cheese and charcuterie boards, cheese lovers picnic boards and over 75 cheeses, chutneys, preserves the list goes on.

The business has one employee who operates on reduced hours as they are on their own, the potential to grow this deli therefore is pretty simple.

The business is very well equipped and fitted out to carry out its day-to-day trade with a full inventory of equipment to be supplied to seriously interested parties at the appropriate time.

We recommend any seriously interested party to make contact with us as soon as possible to discuss this opportunity in greater detail.

Key features:

Property Details: Leasehold
Asking Price: £80,000 (Leasehold)
Asking Price: Offers Invited
Lease Terms:

Leasehold – we understand that a fully renewable 10-year lease, which commenced in 2013, is in place for any purchaser at a rental of £14,000, per annum, and is subject to 5-year reviews. The landlord is happy to grant another lease immediately for any interested purchaser.

Expansion potential:
As this deli is only open on reduced hours at present we see the potential as very good, simply opening longer hours will increase revenue. Reinstating the cheese and wine evenings would also give a much higher return.

Trading hours:
Tuesday to Saturday 10-3 

Support & training:
Our clients have assured us that they will affect an excellent handover on completion.

Rates:
We understand the rates payable at present are £70 per month.

Costs:
Each party will be responsible for their own costs associated with the transaction, and will be subject to Business Partnership terms and conditions.

Delicatessen and Cafe for Sale in busy East Sussex Town Hove

Financial Details

  • Leasehold: £80,000
  • Turnover: undisclosed
  • Net profit: undisclosed
  • Fixtures value: undisclosed
  • Stock value: undisclosed
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