 | High Quality Licensed Restaurant For Sale South Wales, United Kingdom Advert ref: CR 210 FINANCIAL DETAILS | Asking price: £75,000 Sales revenue: £130,000 Net profit: Undisclosed Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | The Business Partnership is delighted to offer for sale this high quality licensed restaurant offering an Al a Carte menu opening for lunches and dinners. The premises are decorated and furnished to a high standard. The restaurant has 80 covers, a bar and servery, well equipped trade kitchen and customer washrooms
The restaurant remains closed on Mondays and Tuesdays to suite the vendor.
The business is staff run by a chef/manager and would suite possibly a husband and wife team one of which being an experienced chef. This would have the affect of cutting down the overheads and greatly increasing the profits.
Although there is no accommodation with the business the vendor has a penthouse 2 bedroom flat available at additional rent if required.
The vendor is prepared to offer a lease on a low start rent reviewed upwardly for the first three years to enable the purchaser to take a advantage of the potential of the location. We believe that this business is capable of taking in excess of £5,000 per week.
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GENERAL INFORMATION | Trading hours: Wednesday to Sunday
Property: Leasehold
Lease terms
Leasehold term to be agreed
Rent: Year one £15,000 pa
Year two £20,000pa
Year three £25,000pa
Rates: £TBA per year
Location
The business is very well located in a prime position. The area is experiencing continued huge growth and this business is ideally place to take advantage of this increase in trading. It is recorded that 29,000 people pass this property every day.
Support & training
Hand over training available
Reasons for selling
other business interests
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The Business Partnership - South Wales | | | |
