Fast Food Restaurants for sale in Hampshire

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Ian McGregor (Nov 2013)
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Leasehold Price: £150,000 Price Reduced Weekly Turnover: £16,000
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Business Description
• ACCOMMODATION INCLUDED

Both restaurants are Spanish cuisine & our in opinion there is terrific potential to consider adding to the group in its present consept.

Sales year ending 31st March, 2013 showed £675,089 net of VAT with a gross profit of £412,538. We understand from the present owner that the sales year ending 31st March, 2014 should show in the region of £710,000 net of VAT.

RESTAURANT NO. 1. Situated sought after Berkshire town. Courtyard position, just off the high street with the advantage of a large public tarmaced car park at rear (Pay & Display daytime).

Paved area in front of restaurant providing space for 20 tables & 40 chairs.

SPACIOUS GROUND FLOOR RESTAURANT with quality laminated strip floor, ceiling with inset lighting. Tables & chairs providing seating for 45 persons. BAR with attractive wooden front & servery, computerised touch screen till, 3 hand pumps, automatic coffee machine, wine rack, upright glass fronted wine fridge, 3-door glass fronted counter fridge, glasswasher, ice machine.

Stairs to first floor ADDITIONAL RESTAURANT AREA with laminated strip floor. Air conditioning. Tables & chairs providing seating for an additional 36 persons. BAR with 2 lager pumps, sink, glasswasher, ice machine, touch screen till, automatic coffee machine, ice machine, 3-door glass fronted counter fridge, 1 under-counter wine fridge etc.

Ladies' cloakroom with 2 w.c's, wash hand basin
Gentlemen's cloakroom with 2 urinals, w.c. & wash hand basin

GROUND FLOOR LARGE LEVEL KITCHEN with tiled floor & tiled walls, 2 upright stainless steel deep freezers, 2 upright stainless steel fridges, single door stainless steel counter fridge (for deserts), 3 chest deep freezers, 2-door stainless steel counter fridge with refrigerated topping section, double door stainless steel counter fridge, charcoal grill, 4-burner commercial cooker with oven, Garland solid top with oven, stainless steel extractor, stainless steel cladding to cooking area, large sink, wash hand basin, commercial dishwasher, sink & drainer, 1 commercial plus 1 domestic microwave oven etc.

RESTAURANT NO. 2. situated in a wealthy Hampshire city, main road trading position, edge of the city centre. DETACHED SPANISH LICENSED RESTAURANT. Ground floor woodstrip floor. BAR with 3-door counter fridge, 2 single door counter fridges, ice machine, glasswasher, sink, automatic coffee machine.

FRONT RESTAURANT area with tables & chairs providing seating for 31 persons. MAIN RESTAURAN area with woodstrip floor. Tables & chairs providing seating for 34 persons. In addition there is a SNUG RESTAURANT area with tables & chairs providing seating for an additional 10 persons.

Disabled cloakroom with w.c. & wash hand basin
Ladies' cloakroom with 2 w.c's, wash hand basin
Gentlemen's cloakroom with 2 urinals, w.c. & wash hand basin

FIRST FLOOR KITCHEN with dumb waiter to ground floor restaurant area, non-slip floor, tiled walls, stainless steel extractor system, 8-burner gas cooker with double oven, charcoal grill, double deep fryer, under-counter double door stainless steel fridge, under-counter deep freezer, 2 double door stainless steel counter fridges with refrigerated topping section, 3 stainless steel tables, double sink & drainer, dishwasher, wash hand basin, 2 upright stainless steel deep freezers, 3 chest deep freezers etc..

Turnover : RESTAURANT NO. 1. WE ARE INFORMED the turnover in respect of this restaurant is in the region of £7,000 p.w. in our opinion offering further potential to increase in the right hands.

RESTAURANT NO. 2. WE UNDERSTAND the turnover is in the regon of £7,500/£8,000 p.w.

We are further advised that the sales year ending 31st March, 2013 of the 2 restaurants showed £675,089 (net of VAT) with a gross profit of £412,538.

OFFERS INVITED TO INCLUDE THE TWO LEASES, GOODWILL, FIXTURES & FITTINGS £150,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Trading Hours:


Restaurant No. 1
Monday - Saturday inclusive - 12 noon - 3 p.m.
Evenings - Sunday - Thursday inclusive - 5 p.m. - 9.30 p.m. (last orders)
Friday & Saturday last orders 10 p.m.
Sunday opening - 12 noon - 4 p.m. & 6 p.m. - 10 p.m.

Restaurant No. 2
Monday evening - 5 p.m. - 10 p.m.
Tuesday - Thursday - 12 noon - 3 p.m. & 5 p.m. - 10 p.m.
Friday & Saturday - 12 noon - 3 p.m. & 5 p.m. - 11 p.m.
Sunday opening - 12 noon - 4 p.m. & 6 p.m. - 10 p.m.


Number of Employees:

Restaurant No. 1 at present operated by the vendor (who is a chef) with the assistance of 3 full time chefs, 1 full time kitchen porter, 4 full time waiters/waitresses.

Restaurant No. 2 at present mainly staff operated. Staff employed - kitchen area 4 full time chefs. Restaurant area 2 full time waitresses, 1 full time waiter plus 1 part time waitress.
It will be appreciated upon inspection that with a more active husband & wife team, the wage bill could be reduced.

Tenure: Leasehold

Number of bedrooms: 2

Accommodation Details:

Restaurant No. 2. The accommodation sitauted on the first floor comprises:

2 Double Bedrooms
Bathroom with bath, w.c. & wash hand basinRestaurant No. 2. Attractive paved patio area overlooking river with tables & chairs providing seating for 38/40 persons.

Location Details:

One situated in a wealthy HAMPSHIRE CITY whilst the other is situated approximately 26 miles away in a sought after BERKSHIRE TOWN.

Listed by: Nationwide Businesses Ltd
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R5251
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