Restaurant for sale in Bedfordshire
Business for sale
Asking Price:
£67,000
Turnover:
£169,000
Annual profit:
£85,000
Audited accounts:
Yes
Management accounts:
Yes
Business description
Location this business is located in bedfordshire.Turnover we are informed the turnover averages £3,000/£3,500 p.w. In our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.
Price to include the secure lease, goodwill, fixtures & fittings £67,000 plus stock at valuation
substantial loan to an approved applicant
Features car park for approximately 60 cars.
Spacious restaurant with woodstrip floor, wall and ceiling lighting. Tables and chairs providing seating for 60 persons. Bar with glass washer, sink, double door glass fronted counter fridge etc.
Ladies' cloakroom with 2 w.c's plus wash hand basin
gentlemen's cloakroom with 2 urinals, w.c. And wash hand basin
Large level kitchen with tiled floor. The equipment includes 5-burner chinese cooker, 6-burner gas cooker, deep fryer, 4 fridges, 3 deep freezes, 2 large single sinks with drainers, wash hand basin, stainless steel tables etc.
Storeshed
Staff the restaurant is at present operated by a lady vendor with the assistance of her partner plus 1 full time and additional part time staff, when required.
Opening hours 6 evenings per week - tuesday - sunday inclusive - 6 p.m. - 11 P.m. - No monday opening it will be appreciated upon inspection that there is potential for additional opening hours, if desired.
Accommodation letting accommodation situated on the first floor comprises:
1 Family bedroom with en suite shower room with shower, w.c. And wash hand basin
2 twin bedrooms each with en suite shower room with shower, w.c. And wash hand basin
2 double bedrooms each with shower room with shower, w.c. And wash hand basin
Stairs to second floor providing private accommodation comprising:
2 Family bedrooms each with en suite shower room with shower, w.c. And wash hand basin
Outside car park for approx. 60 Cars
Tenure we understasnd the premises are held on a secure renewable lease having approximately 17 years unexpired at a current rental of £41,000 p.a. Exclusive of rates. We understand that there was a rent review due in november, 2006, however, we are further advised that the landlord has not requested any increase. We are further advised that the rent reviews are every 3 years.
Uniform business rates: £2,100 p.a. Approx. + Water rates
Recommended for early inspection
Reference : r8370
Employee details
Fulltime staff:
1
Parttime staff:
1
