Newly Established Authentic Caribbean Restaurant For Sale

Business
Please quote reference B08135

CoGoGo are thrilled to be managing the sale of the Blue Lagoon Caribbean Restaurant, a thriving culinary gem located in the heart of Hornchurch.

This authentic Caribbean restaurant is renowned for its delicious food, vibrant atmosphere, and exceptional service. Offering a unique dining experience that transports customers straight to the islands, The Blue Lagoon combines great tasting food, refreshing drinks, and lively music to create an unforgettable experience.

The bustling location not only guarantees a consistent influx of diners but also presents ample opportunities for further growth and expansion. The restaurant’s inviting atmosphere and reputation for quality make it a favourite destination for both locals and visitors alike.

In addition to its in-house dining, the Blue Lagoon Caribbean Restaurant offers convenient delivery services through popular platforms such as Just Eat, Uber Eats & Deliveroo. This has significantly expanded their customer base and increased accessibility to their delectable menu. 

The Blue Lagoon Caribbean Restaurant occasionally runs enticing lunctime deals, offering a 10% discount on meals. These promotions not only attract a larger lunchtime crowd but also encourage repeat visits and enhace customer loyalty.

The restaurant is also making strides in the digital realm, successfully growing its online presence through active social media engagement on Instagram and TikTok. These platforms not only serve as powerful marketing tools but also help in building a loyal community of followers who are enthusiastic  about Caribbean cuisine.

Opportunities for growth are plentiful for the Blue Lagoon Caribbean Restaurant:

• Expanded Delivery Range: By partnering with additional delivery platforms and extending the delivery radius, Blue Lagoon can capture a larger market share and increase its customer base.
• Catering Services: Introducing catering for events such as parties, weddings, and corporate functions can open new revenue streams and increase brand awareness.
• Enhanced Social Media Campaigns: Investing in targeted social media advertising and influencer collaborations can further boost the restaurant’s online presence and attract a wider audience.
• Collaborations with Local Businesses: Partnering with local businesses for cross-promotions can enhance visibility and attract new customers from different sectors.

Blue Lagoon Caribbean Restaurant is a thriving business with a strong foundation and immense potential for growth. Its prime location, authentic cuisine, and a growing online presence make it a promising investment opportunity. 

Location
This business is conveniently located in a high footfall area, the restaurant benefits from excellent visibility and a steady stream of customers.

Premises
The Blue Lagoon Caribbean Restaurant operates through a double fronted premises, featuring an open-plan service area that seats 30, complemented by a well-equipped kitchen and a vibrant bar.

• All kitchen appliances are included
• 2x storage area equipped with shelves for stock
• Shed at the rear of the building
• 1x parking space included at the rear of the building
• Large customer car park at the rear of the building

Tenure
This opportunity is being sold on a Leasehold basis with 19 years remaining on a 20 year lease.

The current rent is £2,200 per month.

Hours
The current trading hours:

Monday – Closed

Tuesday to Thursday – 12:00pm to 9:00pm

Friday & Saturday – 12:00pm to 10:00pm

Sunday – 1:00pm to 8:00pm

Staff
The business is run and managed by our client with the help of 4 members of staff.

Financial Profile
This business generated a turnover of £300,000. Full financials can be made available upon further request.