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Restaurant/cafe for sale

£40,000

Derby, England, United Kingdom DE21

Restaurant/cafe for sale
Interested in this property? Call +44 1204 351867 * or Request Details

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Property description

Business
Please quote reference B07767

CoGoGo are thrilled to have the opportunity to manage the sale of The Clock Bistro, a well-established restaurant with a stellar reputation among local residents. This presents a superb opportunity to acquire a high-turnover business in a bustling area filled with potential customers.

Founded approximately 10 years ago, The Clock Bistro has been operated by the current owner since 2021. This restaurant has been a labour of love for him, earning a great reputation and attracting a loyal customer base. Many regular patrons have frequented the bistro for years and are known on a first-name basis by the owner, a respected member of the local community.

The business is now reluctantly for sale as the owner wishes to pursue a new direction. He is eager to see his cherished restaurant passed on to an ambitious and entrepreneurial new owner who can elevate this already thriving business to the next level.

The Clock Bistro brings a European vibe to Derbyshire, offering a wide range on Mediterranean cuisine. The dishes, freshly prepared daily with local ingredients whenever possible, delivering authentic recipes bursting with flavour.

They are delighted to have partnered with Colombier Wines, a distinguished supplier to select restaurants in Derby, including Darley's and Morley Hayes. Based in Derbyshire, Colombier Wines imports directly from vineyards, offering a selection that includes vegan and gluten-free options, some of which have won international awards for taste and quality. This exceptional range will surely tantalise taste buds.

The restaurant features an extensive menu and wine list, along with daily specials and events, ensuring a warm welcome in a friendly atmosphere. Customers can dine in (60%) or opt for delivery (40%) via Just Eats, Uber Eats, or Deliveroo.

The sale includes the company website and social media pages, enhancing the business's strong online visibility. With impressive reviews and a Google rating of 4.4 from over 320 reviews, The Clock Bistro stands out as an exceptional opportunity.

Key selling points -


  • Well-Established Business - The Clock Bistro has built up a strong loyal customer base throughout the 10 years they have been trading, with many regulars known on a first-name basis.

  • Prime Location - Situated in a prime trading position, The Clock Bistro benefits from excellent footfall, attracting a steady stream of diners.

  • Smooth Transition - The current owner is willing to offer a handover period to ensure the business's continued success.

  • Exclusive Wine Partnership - The restaurant proudly collaborates with Colombier Wines, known for their high-quality, award-winning wines. Which effectively communicates quality, exclusivity, inclusivity, and an enhanced dining experience, all of which are appealing factors for potential customers.


The Clock Bistro offers an ideal opportunity for owner-managers or partnerships looking to acquire a well-established, high-reputation business with excellent growth potential.

Scope for further growth -

Increase advertising and marketing


  • Local Advertising

  • Online Advertising

  • Collaborations & Partnerships

  • Promotional Campaigns


Maximise the use of social media


  • Consistent Posting

  • Engagement

  • User-Generated Content

  • Social Media Campaigns

  • Influencer Collaborations


Extend the trading hours


  • Market Research

  • Shift Management

  • Shift Management

  • Menu Adjustments

  • Promotions

  • Feedback & Adjustment


By implementing these strategies, the business can capitalise on the growth potential in each of these areas, driving increased revenue and enhancing overall competitiveness.

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.

The seller has advised that the landlord is also open to a sale of the Freehold.

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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For more information about this property, please contact
Hilton Smythe Business Sales, BL1 on +44 1204 351867 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Business Sales, and do not constitute property particulars. Please contact Hilton Smythe Business Sales for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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