Ref: GAT2171
Gator Business Sales are delighted to be able to offer for sale one of Romsey’s most established and highly regarded hospitality businesses.
Dish. Deli & Kitchen has been profitably trading in the town since 2011. The business is well-known for its consistently great food and friendly service. Breakfast, lunch and especially brunch items are always popular, with examples being their range of Benedicts, Bubble & Squeak, Welsh Rarebit and gourmet sandwiches.
The licensed café has a total of 66 covers – 54 inside and a further 12 outside at the front of the property. Complementing the café is a comprehensive range of take away food and drink options. Dish. Deli & Kitchen also undertake some selected catering assignments. As the business name suggests, there is also a retail deli which currently concentrates primarily on ambient products.
Busy throughout the year, Dish. Deli & Kitchen has a very loyal clientele with circa 80% of customers being regulars, many of whom visit several times per week.
The business is being offered for sale for the first time in 15 years to facilitate the relocation of its owners. It provides a unique opportunity to acquire an established and consistently profitable hospitality business which enjoys an exceptional reputation in the town.
Please note: The vendors have requested that no direct approach should be made to them or their staff, and all requests for information need to be made via Gator Business Sales.
Property Details: Leasehold
Asking Price: £95,000 + SAV
Annual Turnover: £383,000
Trading Hours: Monday-Friday: 9.00am-4.00pm, Saturday: 9.00am-5.00pm, Sunday: closed.
Employees: In addition to the two owners who both work full-time, there are currently 7 part-time employees.
Location: Dish. Deli & Kitchen benefits from a prominent location in the affluent and busy town of Romsey, with plentiful parking close by.
Premises Details: Spacious and very well maintained double-fronted ground floor premises totalling approx. 124 sq m/1,338 sq ft.
Lease Terms: The current 9 year lease runs through until September 2029. We are informed that the lease provides the right of renewal for the tenants. Passing rent is £38,900 paid quarterly in advance. Our clients have a rent deposit of £9,725 (one quarter) lodged with the landlord, and the incoming tenants will be expected to replicate this.
Reason for Sale: Relocation.
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