Chinese Restaurants for sale in Streatham

View the "High quality Sushi and Oriental Restaurant Streatham London" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

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Mr & Mrs Campbell (Jan 2015)
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Leasehold Price: £95,000 Price Reduced Annual Turnover: £250,000 Annual Net Profit: £50,000
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Business Description
Location
Em-Pwr Business Brokers Ltd is pleased to place onto the market this very successful business which is located on Streatham Hill. It has a prominent shop front location with large amounts of passing trade. It attracts clients from Clapham and Brixton as it offers a delivery service.

Business Details
This business was established by the Owners in 2001 and they are now looking for early retirement.

The company provides high quality sushi, and oriental food which includes Thai and Vietnamese. It has won many awards and has appeared in Time Out Magazine.

It is operated by 5 staff, including 1 part-timer and a Managing-Owner. The business is a turnkey operation and comes fully staffed.

The business has enjoyed much success and has a very large client base. It uses internet sites such as just eat and hungry horse which is enough for the business to be successful. It is the premier sushi venue in the area.

The Owners are willing to offer a handover period if required.

Trading Hours
Mon – Sat: 12.30 – 3.30 and 5 pm – 11 pm
Sun: 4 pm – 10.30 pm

Financial Details
The annual turnover for 2016 will be around £250,000 with an EBITDA of around £50,000. The price includes all fixtures and fittings which are valued at £30,000.

Property Details
The property is immaculately presented includes a 60 cover restaurant and a large fully fitted kitchen.

Tenure
There is a new 20 year lease available and the rent will be £32,000 pa.

Ref: 13261
Price: £108,000 including all assets.

Disclaimer
These details do not constitute part of an offer or contract. The statements and descriptions given are made without warranties by EM-PWR LTD. The information contained herein has not been verified by EM-PWR LTD; complaints regarding the accuracy of the information contained herein will not be acknowledged. Purchasers should in all cases undertake financial due diligence using their own professional advisors before committing themselves in contract rather than relying on illustrations, figures and information given on behalf of the seller. Furthermore, any representations made by any representative of EM-PWR LTD regarding this business are subject to verification and should be independently corroborated.
Trading Hours:
lunch and evening times 7 days a week


Number of Employees: 4

Tenure: Leasehold

Competition: none

Support & Training: Full Training will be given

Location Details:

Location
Em-Pwr Business Brokers Ltd is pleased to place onto the market this very successful business which is located on Streatham Hill. It has a prominent shop front location with large amounts of passing trade. It attracts clients from Clapham and Brixton as it offers a delivery service.

Leasehold Term:

There is a new 20 year lease available and the rent will be £32,000 pa.

Listed by: Em Pwr UK
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13261
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