Attractive licensed restaurant
Business for sale
Asking Price:
£55,000
Turnover:
£208,000
Annual profit:
£108,700
Audited accounts:
Yes
Management accounts:
Yes
Business description
Situated in a parade, town centre, LancashireWe are informed the tunover averages £4,000 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 67% approx.
TO INCLUDE THE SECURE LEASE, GOODWIL, FIXTURES & FITTINGS £55,000 FOR A QUICK SALE plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features Outstanding opportunity to acquire a Licensed Restaurant at present Thai cuisine, which could obviously be continued, and in our opinion in view of the excellent trading position, there is potential for other types of cuisine, if desired.
ATTRACTIVE SINGLE FRONTED RESTAURANT with tiled floor, wall lighting. Tables and chairs providing seating for 50 persons. Bar with 2 hand pumps, soft drinks dispenser, sink, glass washer, double door counter glass fronted fridge etc.
Open plan level kitchen with tiled floor. The equipment includes 6-burner Chinese cooker, 1 microwave oven, 1 chargrill, 6-burner gas cooker, 2 electric deep fryers, 2 stainless steel tables, double sink, commercial dishwasher, wash hand basin etc.
Ladies' and gentlemen's cloakrooms
Staff The business is at present operated by the vendor's wife with the assistance of 2 full time and 2 part time staff.
Opening Hours Lunch Time - Monday - Saturday inclusive - 12 noon - 2.30 p.m.
Evenings - Sunday - Thursday inclusive - 5.30 p.m. - 9.30 p.m. (last orders)
Friday & Saturday evenings - 5.30 p.m. - 12 midnight
Accommodation The accomdation, all in GOOD CONDITION, comprises:
2 Bedrooms (1 large double, 1 additional double)
Bathroom with bath, shower over bath, w.c. and wash hand basin
Lounge
Outside Yard at rear with large brickbuilt store with double door stainless steel fridge, 1 chest deep freeze, additional small chest deep freeze, fridge/freezer.
Tenure We understand the premises are held on a secure renewable lease having approximately 4 years unexpired at a rental of £14,000 p.a. exclusive of rates for the next 1 year with rent to be agreed there after.
Uniform Business Rates: £5,000 p.a. approx. + water rates
RECOMMENDED FOR EARLY INSPCTION
Reference : R8161
Employee details
Fulltime staff:
2
Parttime staff:
2
