Restaurants for sale in West Sussex

View the "RESTAURANT & 2-BEDROOM FLAT ON THE SUSSEX COAST" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 


I can honestly say I was overwhelmed by the amount of interest and enquires this generated. Very easy to advertise your business with great results!

Jo White (April 2016)
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Leasehold Price: £80,000 Under Offer
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Business Description
This
eye-catching property occupies a prominent corner position in an area to the
west of Worthing town centre renowned for its wide selection of eateries and
just a short walk from the popular seafront. Located 10 miles to the west of
Brighton and 18 miles east of Chichester, Worthing is a thriving coastal town
with a growing population and excellent transport links including direct rail
services to London.

The
licensed restaurant has a main dining area of approximately 500 sqft with
seating for 48. There is a built in bar, ladies & gents toilets and a well
appointed kitchen to the rear of the property. Internal stairs lead to a
two-bedroom flat, currently tenanted by a member of staff, which includes a
bright and spacious lounge and a large kitchen.

With a
warm and attractive décor, the restaurant offers quality authentic Tex-Mex food
in a friendly and relaxed environment. Currently trading 6 days a week, this
successful business has been in the same hands for 26 years, and remains one of
the area’s most popular restaurants as reflected in many outstanding reviews on
Tripadvisor along with a certificate of excellence award and a position in
Worthing’s top 5 restaurants.

This
is a profitable business with total sales for the year ended 31st
March 2016 of £433,284 (incl vat). However, new owners might see the potential
to further increase income by developing takeaway sales which currently account
for less than 10% of the overall takings. Other opportunities include the
introduction of Monday trading along with increased marketing and promotion
particularly aimed at private parties and functions.

The
owners are still very actively involved with the restaurant but are now
reluctantly forced to sell the business due to ill health. However, they are
keen that the restaurant should continue to go from strength to strength and
are willing to offer advice, training and assistance to new owners to ensure a
smooth transition following the sale.

 

Ref:
R32469T LEASEHOLD
£80,000


Full sales details available at www.emfgroup.com

Tenure: Leasehold

Listed by: Everett Masson and Furby
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R32469T
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