Business for sale

Business description

Advent Business Sales is pleased to offer for
sale this extremely well established business
with excellent further potential.
Originally established over 30 years ago and
in the hands of the current vendors since
2005, it is now reluctantly offered for sale
due to the vendors other commitments.
The premises are fully licensed to
accommodate 38 covers inside with a further
16 in the enclosed rear courtyard and are
tastefully decorated throughout to a very
high standard.
The restaurant offers all the usual services as
well as a specials board with various home
made seasonal offerings, they include:
• Hot and cold beverages
• Salads
• Pate
• Pies, soups and snacks
The premises are well equipped with a fully
operational commercial kitchen.
This popular restaurant has built an
excellent reputation with a good regular
clientele from local offices and daily
shoppers.
To further compliment, a healthy trade has
been established through private functions.
The business employs a full time chef with
the addition of 3 part time employees. The
vendor works in the business 2 days a week.
The property further consists of a delightful
two bed apartment, which is currently
occupied by the vendor but any new owner
may want to capitalise on rental income.
REF: 8915TF
TRADING HOURS
Mon-Fri: 9am – 3pm
Sat: 9am – 3pm & 6pm – 9pm
EXPANSION POTENTIAL
The business offers excellent scope to
increase both the turnover and profits
further by:
1. Increasing opening hours
2. Further promote the alcohol licence
3. Owner management
4. Encourage more group bookings for
private functions
5. Local advertising
FINANCIAL INFORMATION
We have been advised by the vendor of the
following:
Annual sales: £60,000
Gross Profit: 65%
Accounts will be made available to
interested parties after a viewing has taken
place.
Please let us know if you require finance for
the purchase of a business.
BUSINESS PREMISES
Attractive courtyard setting in a fabulous
Shropshire market town location, consisting
of the following:
Ground Floor
• Entrance off main road leading into
courtyard
• Doorway leading into main
restaurant
• Bar area with table and chairs
• Main restaurant area with 38
covers
• Main commercial kitchen
• W/c’s
• Storage areas
• Access to rear courtyard
• Further 16 covers in courtyard
First Floor
• Lounge
• 2 double bedrooms
• Galley kitchen
• Shower room and w/c
• Storage
External
• 16 covers in courtyard
• external food store
• wine store
• rear access with private parking for
2 vehicles
• private entrance to living
accommodation
TENURE: Freehold
We are advised that the annual business
rates are currently: TBC
VIEWING
Please DO NOT approach the business or its
employees without a prior appointment.
All appointments are to be made via our
office.