Business
Please quote reference B08270
CoGoGo presents to the market an established and highly profitable Mediterranean restaurant situated in Lancashire.
Established by our client in 2018, this thriving restaurant is now available for sale due to the owner’s decision to retire. This is an incredible opportunity to acquire a well-loved and reputable business in a prime location with an enviable sea view, high footfall, and exceptional trade.
Key Features:
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- Established Since 2018: A well-established business with a strong local reputation for authentic Mediterranean cuisine.
- Large Capacity: The restaurant comfortably seats 100 covers indoors, with an additional 80 covers on the stunning balcony overlooking the sea.
- Prime Location: Situated in a sought-after area with high footfall and passing trade, this business benefits from a prominent position, attracting both locals and tourists throughout the year.
- Late License Unit 2AM: The restaurant holds a late license, allowing it to serve food and drinks until 2AM, providing an excellent opportunity to capitalise on evening trade, especially during busy weekends and summer months.
- Impressive Sea View: The balcony offers panoramic views of the coast, making it a popular spot for diners, particularly during the warmer months.
This business represents a turnkey opportunity for prospective buyers, with a solid foundation already in place. This business enjoys an excellent reputation for its authentic dishes, offering a varied menu of Mediterranean favourites, grilled meats, fresh seafood and vegetarian options, catering to a wide audience.
Due to the prime location and well-established reputation, there is immense potential to further increase revenue through:
- Expand marketing efforts, including online campaigns and social media engagement to attract new customers.
- Maximising the potential of the late-night trade, taking advantage of the extended hours during weekends and local events.
- Hosting private events, such as weddings, parties, and corporate gatherings, which can utilise both the large indoor space and the scenic balcony area.
This opportunity offers a rare chance to acquire a profitable, well-established restaurant in a prime coastal location. With a large seating capacity, stunning balcony views, and a late-night license, this business is perfectly positioned for continued success. Whether you are an experienced restaurateur or an investor seeking a lucrative opportunity, this is an opportunity not to be missed.
For further details, or to arrange a viewing, please contact us!
Location
The business is located in Lancashire, this area enjoys a steady flow of tourists, families, and couples, especially during the summer season, contributing to consistent trade throughout the year.
Premises
The restaurant offers a total of 180 seats, with 100 available indoors and an additional 80 on the balcony, where guests can enjoy breathtaking views. The kitchen is fully equipped with state-of-the-art appliances, ideal for preparing a variety of Mediterranean dishes. The interior design combines modern elegance with traditional elements, creating a warm and welcoming ambiance. There is also a bar area that serves a selection of wines, beers and authentic drinks.
Tenure
Further details can be made available upon signing an NDA.
Hours
Further details can be made available upon signing an NDA.
Staff
Further staffing details can be discussed upon signing an NDA.
Financial Profile
Full financials can be made available upon signing an NDA.
