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Licenced Restaurant and Daytime Cafe Operation For Sale

 
Derby, Derbyshire, United Kingdom
 
Advert ref: D451
 
FINANCIAL DETAILS
 
Asking price: £99,500
 
Sales revenue: £200k < 500k
 
Net profit: Undisclosed
 
Fixtures value: Undisclosed
 
Stock value: Undisclosed

BUSINESS DESCRIPTION
 
The Business Partnership are very pleased to offer this business opportunity. Established in its current location 18 months ago this Restaurant enjoys an enviable reputation providing locally sourced products. This quality location is suitable for all occasions and benefits from many regular customers. There are a total of 70 covers.
The entire property is fitted to an extremely tasteful and high standard and must be viewed to be appreciated.
There are also a number of initiatives which could be introduced to significantly grow this business.


GENERAL INFORMATION
 
Employees: Vendor plus 4 x F/T various P/T as required
Trading hours: 5 days per week
Property: Leasehold

Lease terms
We understand from our client that the current rent is £30000 per annum for the original 15 years lease which expires in March 2020. It is anticipated that this lease will be transferred to new purchasers.


Location
Situated in the centre of Derby, with heavy passing footfall from the adjacent Commercial and retail area with car parking in the vicinity of the business.
Property Self-contained with very visible front customer entrance and comprising on ground floor well fitted and tastefully decorated seating, sales and display area through to main preparation/kitchen area, Stores and Toilets.
1st Floor offers further seating, office and staff room.


Reasons for selling
The owner wishes to pursue other interests.


Financing available
If you need help or advice please let us know and we will 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