Leasehold Licenced Italian Restaurant
Business for sale
Asking Price:
£130,000
Turnover:
£274,000
Annual profit:
£128,232
Audited accounts:
Yes
Management accounts:
Yes
Business description
Ref: r295Property: Leasehold
Description
Well established and presented parade premises located in the centre of town. 50 covers. T/O £274,000 pa @ 60% GP (Ex VAT) Lock up.
Terms of the lease/leasehold
New 21 year lease available. Rent £12,750 pa. (3 year reviews)
Reasons for Selling
Retirement sale
Trading Hours of Business
12pm -3pm & 6.30pm -10.30pm Mon to Sat Closed Sun
