Spacious licensed fast food café/restaurant
Business for sale
Asking Price:
£220,000
Turnover:
£416,000
Annual profit:
£194,688
Audited accounts:
Yes
Management accounts:
Yes
Business description
Location this business is located in dorset.We are informed the turnover averages £8,000 p.w. In our opinion offering tremendous potential for further increase in the right hands. Gross profit in excess of 60%. We are further advised that the minimum winter turnover is in the region of £5,000/£6,000 p.w. Increasing in the summer months to a maximum of £12,000 p.w.
Price offers invited to include the secure lease, goodwill, fixtures, fittings & furnishings in the accommodation in the region of £220,000 plus stock at valuation
substantial loan to an approved applicant
Features spacious fast food restaurant with ceramic tiled floor, air conditioning, suspended ceiling with concealed lighting. Tables and chairs providing seating for 110 persons. Stainless steel counter, 2 computerised cash registers.
Large open plan kitchen fully equipped including grill, 4-burner gas cooker, stainless steel extractor unit, large 3-section gas deep fryer, 2 group coffee machine, soft ice cream machine, 1 upright double door fridge, 1 upright stainless steel single door deep freeze, 1 small stainless steel fridge, double sink and drainer.
Rear kitchen/preparation room with dishwasher, ice machine, 2 sinks, wash hand basin/
freezer room with 4 chest deep freezes
Ladies' cloakroom with 2 w.c's, wash hand basin
gentlemen's cloakroom with 1 w.c. 2 Urinals, wash hand basin
First floor
staffroom
staff cloakroom with w.c. And wash hand basin
Staff the business is at present operated by the vendor with the assistance of 7 full time and 5 part time staff. (We understand the average wage bill is in the region of £1,400 p.w). It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.
Opening hours 7.30 a.m. - 5.30 P.m. Seven days per week
with the exception of a 6 week period during the summer months when the business remains open until 9 p.m.
Accommodation the spacious living accommodation all refurbished and with full gas fired central heating has potential for sub-letting or indeed bed & breakfast, if desired, comprises:
First floor self contained flat with full gas fired central heating, fully furnished, all included in the sale.
3 Double bedrooms
2 shower rooms each with shower, w.c. And wash hand basin
lounge
kitchen
Second floor also with full gas fired central heating comprises
3 additional double bedrooms
shower room with shower, w.c. And wash hand basin
large lounge
outside small yard
Tenure we understand the premises are held on a secure renewable lease, the present lease expiring in december, 2013 at a rental of £48,000 p.a. Exclusive of rates up to december, 2008, with rent to be agreed thereafter.
Uniform business rates: £18,000 p.a. Approx. + Water rates
Personally inspected and highly recommended
Must be seen to be fully appreciated
Reference : R8192
Employee details
Fulltime staff:
7
Parttime staff:
5
