Forty Three Cover Chinese Restaurant with Potential
Price:
Leasehold - £120,000
Business Type:
Food Service Businesses
Advent Business Sales is pleased to have been instructed to offer to the market this extremely well established and popular Chinese restaurant.
Founded over 23 years ago by our vendor, the restaurant is only now being reluctantly offered for sale as he wishes to retire.
The restaurant has an excellent local reputation with regular loyal customers who appreciate the varied range of authentic dishes on offer.
The restaurant has a great ambience created by its attractive décor set over two floors with a total of 43 covers.
Trade is circa 50% eat in and 50% takeaway and achieves excellent weekly sales of circa £3,750, on a very consistent basis.
The restaurant is fully equipped for purpose and includes:
• 7 ring gas wok burner with extraction over
• 2 ring gas burner with oven under
• 1 microwave
• 2 stainless steel fridges (2 chest freezers – 1 large, 1 small)
• Hot cupboard
• Glass washer
• Single door chiller for wines and beers
• Stainless steel work surfaces
We are advised that stock at cost is approximately £1,000.
EXPANSION POTENTIAL
Our clients clearly already have a successful restaurant, it does however, still offer excellent scope to improve both sales and profits in the near term by:
1. Having a home delivery service
2. Having its own web site with on line ordering
3. Advertising – at present none at all is carried out
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.
The restaurant has a high visibility main arterial road location at the heart of a predominantly residential area of an upmarket town in Hampshire.
Mon: closed
Tues to Sun: 6pm to11pm
Ground floor lock up premises which briefly comprise:
• Side entry door into the restaurant with 18 covers
• Side kitchen
• Rear bar with wine storage rack
• Back male and female w/c
• Rear exit to yard with storage shed
• Downstairs in the restaurant to a further 25 covers
• Side prep area
North Yorkshire
£ 750,000
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