Restaurant for sale in Derby, England, United Kingdom DE21, £65,000

65,000.00

Offer Nr.:
66686058
Type of ad:
for Sale
Property type:
Restaurant
Contact name:
Hilton Smythe Business Sales
Phone(s):
01204 351867

_Business_
_Please quote reference B07767_
CoGoGo are pleased to have been given the opportunity to manage the sale of
The Clock Bistro which is a well established restaurant with a renowned
reputation amongst local residents. This is a superb opportunity to take on a
high turnover local business in an area teeming with customers.
This lovely restaurant was founded approximately 10 years ago and the current
owner has run it as ‘The Clock Bistro’ since 2021. The business has been a
real labour of love for him and enjoys a great reputation and has an
impressive number of regular customers, many of whom have been using the
business for many years and are known on a first name basis by the vendor who
is a well respected member of the local community.
The business is now being sold, albeit reluctantly and with heavy heart only
due to the owners wish to pursue a change in direction He is keen to see his
beloved restaurant pass to an ambitious and entrepreneurial new owner who can
take this already thriving business to the next level.
The Clock Bistro is a restaurant that aims to bring a European vibe to
Derbyshire serving a wide range of Mediterranean cuisine. Freshly prepared
each day and using local ingredients wherever possible, the business aims to
bring authentic recipes to their customers delivering dishes that are bursting
with flavour.
They are delighted to have been approached and be on board with Colombier
Wines, they supply only select restaurants in Derby including the likes of
Darley's and Morley Hayes. The company is Derbyshire based, they import their
wines directly from the vineyards rather than being bottled here in the UK,
some of which are vegan and gluten free having won international awards and
recognition for taste and quality, this amazing range will get your taste buds
tingling.
The restaurant boasts an extensive menu and wine list with daily specials and
events. The business always strives to ensure a warm welcome within a friendly
atmosphere.
Customers can eat in (60%) or have their food delivered (40%) via Just Eat,
Uber Eats or Deliveroo.
The sale will include the company website (and social media pages and the
business enjoys great visibility on the internet with impressive reviews and a
Google rating of 4. 4 and over 320 reviews.
Key selling points -
* A well established business with an enviable reputation and many regular customers
* Prime trading position with good footfall
* Current owner happy to offer a handover to ensure the continued success of the business
* Ideal owner managed or partnership business
Scope for further growth -
* Increase advertising and marketing
* Maximise the use of social media
* Extend the trading hour
_Location_
The Clock Bistro is situated on Chapel Street in the village of Spondon,
Derby.
Due to its location, it receives high levels of footfall and passing trade.
_Premises_
Occupies the ground floor of a double fronted premises.
Restaurant area -
Generous restaurant area
* L Shaped bar are which is fully fitted out
* A large number of tables and chairs
Kitchen area -
* There is a comprehensively equipped catering kitchen along with a wash - up area
_Tenure_
We are advised that this opportunity is being sold on a Leasehold basis, with
5 years remaining on the current lease (as of January 2024). The current rent
is £21, 800 per annum.
_Hours_
The current trading hours are -
Monday & Tuesday - Closed
Wednesday to Saturday - 5: 00pm until late
Sunday - 2: 00pm to 9: 00pm
_Staff_
We are advised that the business is run and managed by our client, with the
help of 11 part - time staff members.
_Financial Profile_
Further financials can be made available upon request.

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