American Restaurants for sale in Leicestershire

View the "Stunning Restaurant & Location Centre of Leicester" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Stunning Restaurant & Location Centre of Leicester

Leicestershire, England

  • Leasehold Price: £36,000 + SAV (Leasehold)  Price Reduced arrow_drop_down
Seller Reference: 2013SSBW
Request DetailsEmail email
Business Description
 
 
 
 
 
Image 1 of 5 video_library
Seller Reference: 2013SSBW
Request Details
Business Description

This is a fantastic opportunity for the right people, to take over the No 1 Steak restaurant in Leicester.  




The owners are now offering the opportunity to lease and purchase the business with a "seller finance" option.



Example



Year 1 payment upfront £36,000 - £20,000 for rent & £16,000 towards fixtures, fittings, equipment & goodwill.



Year 2 £36,000, split over 12 monthly payments - £20,000 rent & £16,000 towards fixtures, fittings, equipment & goodwill.



Year 3 £36,000, split over 12 monthly payments - £20,000 rent & £16,000 towards fixtures, fittings, equipment & goodwill.


Rent thereafter £20,000/year




At the end of 3 years you will own the business and all the fixtures, fittings and equipment. 




The owners have created, what is considered to be, the go to Shisha Lounge in Leicester on the ground floor, with a seating capacity for 120 covers.

They are also about to open an American Pool Lounge on the second floor, ready for the 1st July. With 6 tables and gaming areas and realise that they will be too stretched to comfortably operate all 3 businesses.

So they are prepared to lease the restaurant on the generous terms.  


The restaurant was generating sales of around £4K per week from limited opening hours, prior to lock down. The lease will include the use of all fixtures and fittings as well as a recently installed professional kitchen.

The restaurant is situated on the first floor of the building.  It has been beautifully re-furbished, the kitchen and storage areas are very large with no expense spared on the equipment that has been installed.


The 2 experienced chefs will be happy to stay on if required and this can be discussed with the owners.

The restaurant does not currently serve alcohol, however it is highly likely that an alcohol licence will be granted once an application is made. There is also the possibility to continue to provide food for the Shisha Lounge, this arrangement can be discussed with the owners. This however can only be available if the restaurant remains alcohol free.


  • No 1 Steak House in Leicester on Trip Advisor
  • Fully refurbished kitchen and dining area £40K spent on professional kitchen
  • 60 Covers, with Online reservation system
  • Current sales of £4K per week (evenings only)
  • Must be viewed to appreciate the quality, size and potential
  • No 5 on Trip Advisor for all restaurants Leicester
  • Car Parking - arrangement with NCP adjacent car park, 4 hours parking for £1.00
Tenure:
Leasehold
Location Details:
Central Leicester
Leasehold Term:
£36000 per year
Listed by:
Request Details

Find out more about this business opportunity.

* REQUIRED

Finance Services

Would you like a free no-obligation discussion with a qualified finance provider who could help you to buy this business?

You will ONLY be contacted by your local ASC Finance director. Your details will not be passed on to any third party.

Legal Services

Would you like a free no-obligation quote from a commercial law firm who could help you to buy this business?

You will be contacted by a specialist commercial solicitor from the Legal Marketing Works Network.

Please note that Daltons Business will send the above details to the seller of the business. By submitting this form, you confirm that you agree to our website terms of use, our privacy policy and consent to cookies being stored on your computer.
You may also like...
loder imageloder image