01302 710 006
Wine Bar: 12:00 noon until 3pm, 6pm until late (except Sunday).
Lunch: 12:00 noon - 3:00pm.
Sunday Lunch: 12:00pm - 5:00pm.
Dinner: 6:00pm - 9:30pm (except Sunday).
Private Dining by arrangement only
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Caviars is offered for Sale. Please contact email@example.com.
Set in one of South Yorkshires most affluent areas, Caviars of Bawtry is a gem of a business, that with a little polishing will yield an excellent return for the owner. The business is ideal for an owner operator looking for a business with customer with high disposable incomes. The restaurant has a high quality reputation having won several regional awards.
The restaurant lay out is presently set for 22 covers downstairs with an extra six on the mezzanine and another eight in the upstairs ante room.
The business has traded very well for the past five years under its current ownership. Said ownership no longer has the time to dedicate to the business, due to other non resturant business commitments, and is looking to sell as such a business needs hand on management to drive the business properly. Already attracting customers from local and surrounding areas the business has plenty of room for development as a lack of management focus has seen revenues decline in recent years; a decline that can easily be reversed yielding immediate improvement for the right owner. The busienss has a database of client with circa 2000 past clients listed.
Revenues peaked in 2015 at £275,000 gross and have declined to £220,000 in 2017 due to the lack of focus. Average spend per head is £45-50 for evening spend with £22-£25 lunch time spend, averaging £32-36 per head. The split is 75% food and 25% alcohol giving a high potential upside for further alcohol sales. margin ar 65-70% on food and drink sales.
The current lease runs until end December 2019 howeve rthe landlord would issue a new lease to the purchase subject to the usual checks and gurantees.
The business is presently closed and hence is sold with no debts and no staff giving the new owener the chance to start afresh with the businesses assets, database and reputation.
Offers are invited.