Summary
Established & Profitable Restaurant on the South Coast with potential for growth
Give me more informationFully describe the business's activities?
How does the business operate on a daily basis?
The restaurant offers two separate dining areas, one perched on a deck & the other set in the garden that includes a kids play zone with live music offered on weekends.
What Advertising/Marketing is carried out?
Facebook very active
What competition exists?
How could the profitability of the business be improved?
Only open from 8am - 4pm, another shift and staying open until later is an option.
Evening entertainment. For example, Quiz nights, Karaoke etc.
Live music can be extended to Friday & Saturday evenings to attract more patrons.
Offering entertainment in the mornings and/or afternoons for the older generations that enjoy the tea offerings e.g. bingo or quizzes.
Give a breakdown of staff/ functions/ length of service?
5 x Chefs/Cooks
2 x Bar Attendants
6 x Server staff
3 x Runners
1 x Scullery
Do any have management potential?
How involved is the Owner in running the business?
When does the current lease end?
The new owner can negotiate a new long-term lease with the Landlord, who is open to this discussion.
What are the trading hours?
New owner can extend the hours.
What are the main assets of the business?
Assets are split as follows:
Main Bar
Front End
Smoking Section
Main Deck
Office
Kids Area
Storage Room
Kitchen
Strengths?
Well known in the area
Live music on Sundays
Profitable
Family friendly
Nothing similar in close proximity
Weaknesses?
The owners also manage other businesses in addition to this one.
Opportunities?
Focused advertising initiatives
Evening entertainment e.g. Quiz nights, Karaoke etc.
Live music can also be extended to Friday & Saturday evenings
Opportunities to offer entertainment in the mornings and/or afternoons for the older generations that enjoy the tea offerings e.g. bingo or quizzes.
Threats?
What is the reason for the sale?
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