Sovereign Business Transfer is delighted to market this highly rated contemporary restaurant situated near Oldham Greater Manchester. The restaurant was established by our client in 2009 and has been a popular eatery for local residents and tourists alike. The owners are only looking to sell the business to take a well-deserved retirement.

The restaurant is well presented and spacious catering to over 140 covers. Both the service and food are of a high standard which is reflected in the excellent online reviews. Customers also benefit from a takeaway option; trade is split 70/30 eat-in and takeaway. The menu is varied offering a range of speciality dishes and drinks as well as a set priced lunch option for customers on a budget.

The business benefits from social media accounts which could be expanded further to increase the restaurant’s online presence and attract new customers. There is also vast scope to expand the current limited trading hours together with introducing a delivery service to complement the takeaway element of the business.

The businesses’ current turnover is surpassing £732,790 and there is vast scope to increase this further. As previously mentioned growth could be amplified by offering deliveries, targeting local corporate organisations and outside catering events.

Established over many years, the owner has decided to sell the business due to retirement. This is an exciting opportunity for an enthusiastic new owner operator to take on a profitable and respected business which offers further potential for growth for what is already a thriving concern. Therefore viewing is highly recommended.

Average Weekly Sales Circa £14,000 With High GP
EBITDA After Adjustments & Directors Remuneration £100,534.00
Vast Scope To Increase Turnover Via Online Delivery Apps
Well Presented 140 Cover Restaurant
Competitive New Long Term Lease Available
Excellent Quality Inventory & Well Equipped Kitchen
Competitive New Long Term Lease Available
Genuine Retirement Sale