Attractive and spacious licensed chinese & thai restaurant
Business for sale
Asking Price:
£120,000
Turnover:
£260,000
Annual profit:
£131,820
Audited accounts:
Yes
Management accounts:
Yes
Business description
Location this business is located in dorset.We are informed the turnover averages £5,000 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 £120,000 plus stock at valuation
substantial loan to an approved applicant
Features spacious single fronted restaurant, fully carpeted, wall and ceiling lighting, pictures on walls. Bar. Tables and chairs providing seating for 80 persons.
Ladies' cloakroom with 2 w.c's, wash hand basin
gentlemen's cloakroom with w.c. 2 Urinals, wash hand basin
Level kitchen with industrial non-slip floor. The equipment includes 8-burner chinese cooker, 6-burner gas cooker, microwave oven, 5 fridges, 3 deep freezes, walk-in coldroom, double sink and drainer etc.
Dry goods store
Staff the restaurant is at present operated by a husband and wife team with the assistance of 2 full time in the restaurant area plus 2 full time and 2 part time in the kitchen.
Opening hours 12 noon - 2 p.m. & 5.30 P.m. - 11.30 P.m. Seven days per week
Accommodation the accommodation in the form of 2 flats comprises:
First floor
4 bedrooms (2 doubles, 2 singles)
bathroom with bath, w.c. And wash hand basin
Second floor
living room with kitchen area
2 double bedrooms
bathroom with bath, separate shower, w.c. And wash hand basin
outside yard at rear with parking space for 3 cars
Tenure we understand the premises are held on a secure renewable lease having approximately 20 years unexpired at a rental of £20,000 p.a. Exclusive of rates for the next 1 year, with rent reviews thereafter.
Recommended for early inspection
Reference : R8205
Employee details
Fulltime staff:
2
Parttime staff:
2
