Leasehold Licenced / Restaurant
Business for sale
Asking Price:
£139,950
Turnover:
£208,000
Annual profit:
£105,456
Audited accounts:
No
Management accounts:
Yes
Years trading:
7
Employees:
No
Photos:
No
Ownership:
Sole trader
Business description
The business is well established and has been in the present hands for 3 years and is now only being marketed as a result of the vendors wish to retire. Tremendous potential exists for the reintroduction of evening trade which has been proven to increase turnover to £7,000 pwk.Turnover - £4,000 pwk @ 65% gp. (On daytime trading only)
Premises - mid parade premises with double frontage and single entrance to: take away area: ceramic tiled floor, tasteful décor throughout, large refrigerated serve over counter, ref. Window display, wega 4 group espresso coffee machine, elect cash register, double grill, shake machine, dishwasher. St/stl sink. Restaurant area – 43 covers at quality furniture. Sep. Ladies and gents: w.c. Facilities. Kitchen: quarry tiled floor, fully tiled walls, 4 burner range, double fryer, grill, bain marie, toaster, convection oven, 4 deck bread oven, extractor canopy, 3 microwaves, double deep st/stl sink, st/stl prep. Surfaces, dishwasher, 2 twin door chillers, upright freezer. Changing room:
Outside: delivery access.
Terms of the lease/leasehold
20 year lease from 20th jan 2003 rent - £27,000 pa (3 year reviews - next review 2010)
Location and property
these well appointed premises occupy a prime trading position fronting sidcup high street serving a densely populated residential and commercial catchment area.
Trading hours of business
7.00am to 4.00pm mon - sat closed sun
Ref: c529
