RESTAURANT SERVING MIDDLE EASTERN CUISINE

  • Leasehold Price: Offers Invited
  • Annual Turnover: £903,400
Tyne and Wear, England, England
Seller Ref:165447
For Sale

RESTAURANT SERVING MIDDLE EASTERN CUISINE

Tyne and Wear, England, England
Seller Ref:165447
  • Leasehold Price: Offers Invited
  • Annual Turnover: £903,400

Overview

Seller Ref: 165447

Description

BASED IN TYNE AND WEAR
YE23 turnover in excess of £903,400, with an adjusted EBITDA of over £58,000.
Has demonstrated profitability throughout its operation, averaging a gross profit margin of 69%.
Projected turnover of circa £1m in YE24.
Serves fresh Middle Eastern dishes, desserts, beer, homemade drinks and presses.
Offers speciality dishes for customers who have vegan, vegetarian, gluten-free, and dairy-free requirements.
Asset register valued at circa £65,600 is to be included within the sale.
Restaurant has continually achieved a five-star FSA rating.
Benefits from 66 covers and a capacity of 150 standing customers overall in the restaurant and bar.
Operates from leased premises as part of a long-term contract.
Offered for sale to facilitate other unrelated business ventures.
Offers invited.

Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is stock included:
NA

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