Restaurants for sale in Newcastle upon Tyne

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Beautifully Presented Health Food Restaurant

Newcastle upon Tyne, Tyne and Wear, England

  • Leasehold Price: £49,995  Price Reduced arrow_drop_down
  • Turnover: £600,000
Seller Reference: B05171
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Business Description
 
 
 
 
 
 
 
 
 
 
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Seller Reference: B05171
Request Details
Business Description
Business

*First year rent free and second half price!*


Hilton Smythe welcome to the market this unique business concept Hustle & Heart previously known as the kettlebell kitchen.


Due to our clients desire to pursue another business interest, the restaurant has ceased to trade recently, however the full unit fit out cost £150,000 and has been done to a very high standard making this a great investment for a new owner to move straight into and start trading either by creating their own brand or by trading under the popular and unique concept of 'Hustle & Heart'


WHAT IS HUSTLE & HEART?


A healthy food brand, a concept that continues to grow!


Offering of "HUSTLE PREP" – free of nasties such as – gluten, soy, GMO, refined sugars and processed anything.


Catering & Events!


From the heart, full of hustle, grit, passion and grind.


The meal prep business potential is huge with nationwide meal prep delivery an avenue to defintely be explored.! The founder had this turning over £150k per month at her last business.


Dairy free | Gluten free | MSG free | Refined sugar free


REAL premium toxin free meat.


Halal options are available with all plans.


Homemade sauces sweetened naturally with no refined sugars


Freshly cooked at Hustle HQ production unit


Nutrient dense food, athlete ready


Cooked using the highest quality, locally sourced ingredients working hard to serve nutrient dense superfood dishes


Website www.hustleheart.co.uk with e-commerce already established.

This is a great opportunity! Priced for a quick sale.


Hilton Smythe highly advise early viewing to avoid disappointment

Location

Hustle & Heart based in Newcastle upon Tyne, a fantastic healthy food restaurant based in the busy Quorum Business Park a stone’s throw away from Newcastle City Centre. There are approximately 5000 people on the doorstep in the business park with free parking for customers for 2 hours and Pure Gym only 200M away – great health clientele on the doorstep



Premises

The business has been fully renovated with a very modern appealing look with around £150,000 spent.
All fixtures and fitting included. These include:



  • Cold room 7k

  • Extraction system 10k

  • Fully fitted kitchen and bar 40k (grill, heated pass, combi steam oven amongst other things)

  • All beautiful fittings made bespoke in perfect condition, glass tops,  (15k)

  • Aircon & heating system 8k

  • Website 3k

  • Fully fitted back office, PC and equipment included

  • Menu boards/screens 6k brand new

  • WRS till system brand new cost 5k x 2 tills

  • Booth seating, perfect condition cost 8k sits 6 per booth seat

  • Grab and go fridge

  • Brand new toilets inlucing disabled facilities 

  • Back kitchen for prep



Tenure

We are advised the business is being sold as a Leasehold.
Original lease length:  10 years.
Remaining lease length: 10 years as of 2019.
Rent: First year rent free and second half price

The restaurant has currently ceased trading.



Hours

The restaurant has recently ceased to trade. Opening times can be arranged to suit new owner



Staff

The business has ceased to trade. It was managed by our client with the help of staff. New owner will be required to find their own staff.



Financial Profile

As the business ceased trading. It was previously turning over approximately £600,000 with a net of around £100,000.



Tenure:
Leasehold
Listed by:
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