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Derby City Centre Restaurant For Sale

 
Derby, Derbyshire, United Kingdom
 
Advert ref: D447
 
FINANCIAL DETAILS
 
Asking price: £55,000
 
Sales revenue: £156,000
 
Net profit: Undisclosed
 
Fixtures value: Undisclosed
 
Stock value: Undisclosed

BUSINESS DESCRIPTION
 
The Business Partnership are pleased to offer a well fitted, 60 - 90 cover Restaurant for sale. Internal viewing is recommended.

First Floor: Restaurant Area currently with seating for 60 covers (but could be 90 covers), Fitted kitchen, toilets, store, bar counter, bar area.


GENERAL INFORMATION
 
Years established: 20 years
Employees: The owners run the business with the assistance of 2 x F/T staff and 3 x P/T staff as required.
Trading hours: Lunchtime and evenings 7 days per week
Property: Leasehold

Lease terms
We understand that the current 15 year lease has 4.0 years to run, at a rent of £13,000 per annum. Reviews every 5 years.


Living accomodation
2nd floor comprising storage room, changing room, sitting room, bedroom & bathroom.


Location
Situated in an easily accessed and busy pedestrianised area of Derby City Centre


Expansion potential
An ideal opportunity to acquire an established Restaurant business which continues to enjoy a growing reputation. A major opportunity exists for further development and expansion of this business, by introducing new menus or alternative cuisine.


Support & training
The owner will offer supoort to ensure a smooth handover.


Reasons for selling
To persue other interests


Financing available
If you need help or advice we will be pleased to put you in touch with our Finance Specialists who can help to fund the purchase of this type of business.


 
The Business Partnership - Derbyshire, Nottinghamshire, Sth Staffs, NW Leics
 
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© 2003 - 2008 The Business Partnership
 
Name: Business Partnership (Management) Limited
Registered Office: Meridian House, Road One, Winsford Industrial Estate, Winsford, Cheshire, CW7 3QG
Company Number: 4459291    VAT No: 797 8848 30