Popular St Ives Bar & Restaurant with 80 seats and 12K IG followers for Sale
Saint Ives, Cambridgeshire
- Status
FOR SALE
- Date Submitted:
27/06/23
- Advert ID
515714
- Reference
INT2784 / Rightbiz
- Call Agent:
- Leasehold: £225,000
- Turnover: £892,797 (£17,169 Per week)
- Net Profit: £60,468 (7% Profit margin)
Business Details
Thriving Bar & Restaurant for Sale in St Ives, Cornwall
This is a rare opportunity to acquire a thriving bar and restaurant located in the heart of St Ives, Cornwall. This well-established restaurant boasts an impressive capacity of 80 covers and has garnered immense popularity for its delicious fried chicken and locally brewed craft beer. With an extensive following of over 12K Instagram users, this casual dining spot has cemented its status as one of Cornwall's most beloved culinary destinations.
Renowned for its exceptional service and mouthwatering offerings, the business enjoys an outstanding reputation among both locals and tourists. The company currently boasts remarkable ratings of 4.5* and over on Google, Facebook, and TripAdvisor, reflecting its consistent quality and customer satisfaction.
Situated in a prime location within St Ives, this establishment benefits from its placement in one of the UK's finest seaside towns - St Ives draws in a staggering 750,000+ visitors annually. Moreover, the bar and restaurant occupy a central spot on St Ives' main shopping street, ensuring high visibility and foot traffic.
This restaurant provides an opportunity to tap into the thriving tourism industry in Cornwall, where year-on-year growth is projected at 3.8% until 2025. With its desirable location, loyal customer base, and strong online presence, this business promises a solid foundation for future success.
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Listing Statistics
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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