Restaurants for sale in Rochdale

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Ian McGregor (Nov 2013)
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Leasehold Price: £99,999 Price Reduced Annual Turnover: £208,000 Annual Net Profit: £15
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Business Description

Intelligent Business Transfer are delighted to bring this very well established restaurant to the market and expect a firm level of interest. The business holds an envied location on the main road through the suburb of Littleborough in Rochdale.

The business is filled with character and is vastly regarded as the most popular restaurant and takeaway in the area after it was rebranded. The open plan dining layout makes excellent use of the space and has a practical arrangement that can be altered to preference. There is a tangible split within the business that separated the bar area from the dining rooms surrounding the bar and kitchen in an L shape layout.

There has been an overall investment of over £100,000 to bring the former pub to this immaculate standard. The weekly takings for the business are often around £4,000 which produces a strong net profit. There is potential to increase this to £8,000 a week in the hands of an owner operating partnership who could maximise the potential on offer from an already solid platform.

The business mainly focuses on Italian food with a menu that has been created by the owner and chef, who has had a very successful career in the catering and hospitality industry. The business is owned as a partnership and has been exceptionally well crafted by the team – who has proven success within the property industry.
Number of Employees: 3

Tenure: Leasehold

Listed by: Intelligent Business Transfer
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