Thu, 30 Aug 2018 | BUSINESS SALE
Despite claims from current owners that the business 'couldn’t be better', the award-winning Tobermory seafood restaurant Cafe Fish is currently up for sale at £500,000.
The restaurant is situated on the upper floor of the pier and is located in the original art deco building overlooking the Sound of Mull.
Josh Hill, business agent at Christie & Co handling the sale said: “Cafe Fish presents the perfect opportunity for an owner-operator or chef to take advantage of arguably one of the best restaurants within Scotland’s Inner Hebrides.
“The lease is available until at least 2036 and we expect Cafe Fish will attract a mixture of buyers from first-time entrants to experienced restaurateurs.”
The family-run restaurant first opened in 2006 and acquired the title of Seasonal Restaurant of the Year in 2017 at the Scottish Food Awards.
With a registered fish buyers licence, the restaurant is able to purchase fish produce directly from local fishing boats.
Cousins Jane Gill and Liz McGougan who currently own and operate the restaurant said: “Tobermory is a magical island. The landscape and the warmth of the community get under your skin and it feels very much like home, but time moves on and so have our personal circumstances.
“Jane now has a husband and home in Glasgow, and Liz wants to make her home with her partner in the Caribbean. It’s ironic because business has never been better, but we both feel it’s time to hand the reins over to someone with fire in their belly and the passion and commitment to drive this business on to greater things.”
The indoor dining area of the restaurant can accommodate 38 guests and an additional 50 on the terrace.
For more news stories about businesses for sale click here. For all our business listings, click here.
Interested parties will be required to sign a nondisclosure agreement (NDA) before further information is provided. Indicative offers are required by 5PM on Thursday 9 December 2021 together with proof of funding. Management presentations/discussions...
LEASEHOLD
Luxury Holiday Cottages and Barges business for Sale with turnover exceeding £500k with 50% net profits. Current portfolio of 12 Properties consisting of; 8 holiday cottages, Barn & farmhouse Annexe together with two converted Barges.
FREEHOLD
Well-established specialist insurance repair contractors working closely with insurance companies and major loss adjustors to provide reactive repair and refurbishment services to clients following incidents such as fires floods and subsidence to dom...
|
03
|
|
Dec
|
Halfords to acquire £157m-turnover Axle Group Holdings for £62m | BUSINESS SALE
Halfords Group has announced that it will acquire automotive...
|
02
|
|
Dec
|
Staycation M&A surge continues as Midlothian plans £170m Park Leisure sale | BUSINESS SALE
Midlothian Capital Partners is reportedly exploring a potent...
|
02
|
|
Dec
|
Private equity-backed takeovers stabilise in third quarter | BUSINESS NEWS
The latest Buy and Build Barometer from Rickitt Mitchell has...
Sign up to receive our acquisition alert emails to get your FREE guide
|
11
|
|
Aug
|
Bestway marketing portfolio of 22 stores for sale | COMMERCIAL PROPERTY
Bestway Retail has tasked Christie & Co with bringing 22 sto...
|
06
|
|
Aug
|
Llandudno seafront hotel brought to market for £1.25m | COMMERCIAL PROPERTY
The Cae Mor Hotel on Llandudno’s seafront has been bro...
|
07
|
|
Apr
|
Lincolnshire wedding venue put up for sale | COMMERCIAL PROPERTY
Branston Hall Hotel, a popular Lincolnshire wedding venue, h...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources