Restaurant/cafe for sale in Derby, England, United Kingdom DE21

Business
Please quote reference B07767

CoGoGo are pleased to have been given the opportunity to manage the sale of The Clock Bistro which is a well established restaurant with a renowned reputation amongst local residents. This is a superb opportunity to take on a high turnover local business in an area teeming with customers.

This lovely restaurant was founded approximately 10 years ago and the current owner has run it as ‘The Clock Bistro’ since 2021. The business has been a real labour of love for him and enjoys a great reputation and has an impressive number of regular customers, many of whom have been using the business for many years and are known on a first name basis by the vendor who is a well respected member of the local community.

The business is now being sold, albeit reluctantly and with heavy heart only due to the owners wish to pursue a change in direction He is keen to see his beloved restaurant pass to an ambitious and entrepreneurial new owner who can take this already thriving business to the next level.

The Clock Bistro is a restaurant that aims to bring a European vibe to Derbyshire serving a wide range of Mediterranean cuisine. Freshly prepared each day and using local ingredients wherever possible, the business aims to bring authentic recipes to their customers delivering dishes that are bursting with flavour.

They are delighted to have been approached and be on board with Colombier Wines, they supply only select restaurants in Derby including the likes of Darley's and Morley Hayes. The company is Derbyshire based, they import their wines directly from the vineyards rather than being bottled here in the UK, some of which are vegan and gluten free having won international awards and recognition for taste and quality, this amazing range will get your taste buds tingling.

The restaurant boasts an extensive menu and wine list with daily specials and events. The business always strives to ensure a warm welcome within a friendly atmosphere.

Customers can eat in (60%) or have their food delivered (40%) via Just Eat, Uber Eats or Deliveroo.

The sale will include the company website (and social media pages and the business enjoys great visibility on the internet with impressive reviews and a Google rating of 4.4 and over 320 reviews.

Key selling points -

• A well established business with an enviable reputation and many regular customers


• Prime trading position with good footfall


• Current owner happy to offer a handover to ensure the continued success of the business


• Ideal owner managed or partnership business

Scope for further growth -

• Increase advertising and marketing


• Maximise the use of social media


• Extend the trading hour

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.

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.