Restaurants for sale in Downham Market

View the "LICENSED THAI RESTAURANT - INCLUDES ACCOMMODATION & PLANNING PERMISSION" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

 The sale came via an enquiry from your website. We're very pleased that it worked so well for us 

Polly Franey (July 2015)
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Freehold Price: £249,950 Leasehold Price: £29,950 Price Reduced
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Business Description
Simply amazing! This authentic Thai restaurant has been in business at the same location for 17 years and is only for sale due to the owner’s wish to retire. Trip Advisor UK has ranked Dang Thai Restaurant among “The Best Restaurants in Downham Market, Norfolk.” The business is available for sale as leasehold or freehold to suit your needs.

The restaurant includes a licensed bar, original décor from Thailand, and the accommodations features two bedrooms, sitting room with period features, bathroom with shower, and central heating. It has recently been refurbished to a very high standard that will satisfy the most discerning of viewers.

Dang’s Thai Restaurant is a fine establishment in the heart of Downham Market known for its comfortable and relaxed environment, and of course the homemade Thai cuisine including traditional noodle, rice, and curry dishes. The dining area provides cover for 32 in its current configuration.

Planning permission was granted in July 2016 to convert the ground floor restaurant into a spacious 2 bedroom, 2 bathroom apartment. You won’t want to miss out on this one…it is priced to sell!

The 2015 annual turnover is approximately £70,000 and shows a positive growth trend for the past several years. Please note that the current turnover is based on limited working hours due to the owner’s desire to have a reduced workload nearing retirement. Full accounts are available for review. Current menu items feature traditional Thai cuisine including noodle, rice, and curry dishes.

This well-run business is managed by a single chef/owner and two part-time staff, and it presents an ideal opportunity for someone who wants to run their own business and reap the rewards. The restaurant is a local favourite for both the food and the décor.

There is potential to expand the profitability by increasing the hours of business to include additional days or lunch. Additional growth opportunities include creating a website and increasing marketing efforts focused on private events, catering, and local delivery.

Tenure: Freehold, Leasehold

Listed by: Everett Masson and Furby
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