Superb Chinese Restaurant
Business for sale
Asking Price:
£199,000
Turnover:
£400,000
Annual profit:
100k to 149k
Audited accounts:
No
Management accounts:
Yes
Business description
Price reduced!! GHNP Associates are pleased to present this superb Chinese restaurant. With room for up to 100 covers (the restaurant currently seats 80), the restaurant is newly decorated and appointed to the highest standards both in front of house and in the kitchen. Friday and Saturday nights are reservations only. On Sunday a buffet is offered. The business also benefits from being in a fantastic location with parking.This is a managed business with the owner only part-time (2 half days a week).
There are 20 years left on a 25 year lease. Rent is £35k p.a. Rates are £17k but are currently under review.
Located in close proximity to a town centre next to the cinema / leisure complex which provides for a continuous footfall past the restaurant.
Employee details
Fulltime staff:
7
Parttime staff:
0
