Well established restaurant opportunity for sale

  • Price: £104,995
  • Annual Turnover: £357,967
Seller Ref:B07644
For Sale

Well established restaurant opportunity for sale

Seller Ref:B07644
  • Price: £104,995
  • Annual Turnover: £357,967

Overview

Seller Ref: B07644

Description

Business
Please quote reference B07644


CoGoGo are happy to welcome to the market an award winning restaurant opportunity in Dumfries and Galloway. 


The business was originally established in 2018, with our client taking over in 2019. As seen by the many fantastic online reviews and ratings, the business is extremely popular and has built up an excellent reputation and regular client base.


They offer great international food and cocktails. Owner and Head Chef has taken the business from its beginnings and developed a thriving and vibrant destination. It has gone from strength to strength over the past couple of years and they’re proud to be considered a ‘go-to place’ for a great hearty meal, a warm welcome and some delicious flavours from all over the world.


Their menus will take you on a world tour from the pastas of Italy to the curries of Asia, Mexican fajitas, and burritos, to Scottish Balmoral Chicken.


They cater to all dietary requirements including diabetic, vegetarian and vegan, lactose-free, gluten-free and any allergies and intolerances. And also cater to large parties or events. 


Key selling points –

  • Good location
  • Good takeaway network
  • Popular place when the town have visitors
  • One of the best beer garden in the town


Scope for further growth –

  • Expand the menu
  • Increase advertising/marketing
  • Leaflet/Menu drops within the local area

Location
The restaurant is located in Dumfries and Galloway.


The restaurant has eye catching signage, receiving high levels of footfall and passing trade.  

Premises
Basement –

  • Larger cellar


Ground floor –

  • Dining and bar area


First floor –

  • Beer garden
  • Kitchen area
  • Office space
  • Customer toilets/facilities


 

Tenure
We are advised that the business is being sold on a leasehold basis, with a new lease to be offered to the new buyer. The current rent is £1,520 per month.

Hours
The current trading hours are –


Monday to Thursday – 12:00 – 22:00


Friday to Saturday – 12:00 – 23:00


Sunday – 12:00 – 21:00

Staff
We are advised advised that the business has 15 members of staff. 

Financial Profile
We are advised as per the 2022 accounts, the business generated a turnover in the region of £357,000. Further financials can be made available upon request. 

Is this business relocatable:
No
Is stock included:
NA

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