Award Winning Licensed Chinese Restaurant
Price:
Leasehold - £225,000
Location:
Merseyside , Wirral, Birkenhead
Business Type:
Food Service Businesses
Business Profile
Jolley & Co are delighted to offer for sales a very well established and highly reputed profitable business.Centrally situated within Hamilton Square, overlooking Hamilton Square Gardens, the Capitol Restaurant occupies a Grade II listed building. Boasting many styles of authentic Chinese paintings and intricate, hand painted decor, the theme of the Capitol is that of a Chinese Art Gallery. The Restaurant specialises in Canton and Peking Cuisine. Established for nearly 48 years, the last 21 years have seen it carefully nurtured by the Tam family and their dedicated support staff. The owners pride themselves on a high standard of service and quality of cuisine. The restaurants award winning image is recognised at both local and national levels and is further reflected in the attainment of the following awards: Restaurant of the Year (Merseyside) 1992,1993 and 1994 Booker Prize for Excellence 1994 Business of the Year (Wirral) 1995 First Prize AA Rosette in 1994, 1995, 1996, 1997, 1998, 1999 Chef the Year finalist 2005 Team of the Year 2006 Taste of Liverpool 2007, 2008, 2009 and 2010 . The business benefits from its own website. www.capital-restaurant.com.
Business History
The management have worked to develop strong links with the local business community by undertaking numerous events such as fundraising and several sponsorships which endears the business to local clientele. The business also benefits from its well established outside catering service. This business is available for sale, the owners are planning to retire after many decades of successfully running the operation. The vendors have indicated a handover period to allow a smooth transition and enable the new owners to benefit from the many years of networking that has enabled the owners to build a successful and highly profitable business.
Financial Profile
The vendor will be pleased to discuss the financial performance of the restaurant to parties that declare a genuine interest and have signed a confidentiality agreement.
Price
£225,000 for the goodwill. fixtures and fittings plus sav. Offers invited for the freehold property.
Tenure
Leasehold. Long lease available, length and terms to be negotiated, rental offers in the region of 23k per annum.
North Yorkshire
£ 750,000
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