Thai Restaurant in Lake District Gateway Town

  • Leasehold Price: £59,000
  • Annual Turnover: £306,000
Cumbria, England
Seller Ref:MA1332
Sale Agreed

Thai Restaurant in Lake District Gateway Town

Cumbria, England
Seller Ref:MA1332
  • Leasehold Price: £59,000
  • Annual Turnover: £306,000

Description

• Licensed 66 cover town centre restaurant
• Excellent trading position
• Turnover £306,000 net of VAT
• Thriving town at the gateway to the Lake District
• Confidential sale

The restaurant is situated in the centre of the thriving edge of Lake District market town and is tastefully laid out providing a Thai style menu and ambience being part of a group of Thai restaurants.

The fully licensed venue has been trading since 2008 and operates for 6 nights from 5.00pm to 10.00pm (10.30pm on Friday and Saturday) with 3 full time and up to 5 part time staff.

The turnover in the year ended 30 April 2022 was £306,638 net of VAT. Abridged accounts will be made available to bona fide applicants, normally after viewing.

The reason for sale is the the owners are wishing to downsize their operation and commitments and other venues may be available.

Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
Stock at valuation

Listed By:

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