Restaurants for sale in Darwen

View the "Mediterranean Bar & Restaurant In Darwen, Lancs" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Mediterranean Bar & Restaurant In Darwen, Lancs

Darwen, Lancashire, England

  • Freehold Price: £550,000
  • Annual Turnover: £520,000
  • Annual Gross Profit: £312,000
Seller Reference: 6515
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Business Description
 
 
 
 
 
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Seller Reference: 6515
Request Details
Business Description
Prominent Town Centre Location
Annual Turnover £520,000
Gross Profit £312,000
Imposing Detached Property
Newly Refurbished In 2015
Customer Seating For 110
High End Fixtures & Fittings
Potential To Open For Lunch Time Trade
Five Star Food Hygiene Rating
Could Suit A Variety Of Cuisines
EPC - D
REF 6515 – Freehold Mediterranean Bar & Restaurant

Blacks Brokers are pleased to bring to the market this freehold Mediterranean bar & restaurant located in the much sought-after area of Darwen, Lancashire.

INTRODUCTION

Essence Mediterranean Restaurant and Bar has been trading on The Green, Darwen since 2015 and was established by our client due to its prominent town centre location. Our client has secured a large, repeat customer base and an enviable reputation complete with Trip Advisor Award For Excellence, superb Google and Facebook reviews and a five star food hygiene rating.

LOCATION

The business occupies a town centre trading position, close to many other local businesses and shops along with large multiples such as Asda and Boots. Darwin is well linked by the M65, has excellent public transport links including Darwin Station and parking is available in the immediate area.

REASON FOR SALE

The business would be ideally suited to a hands-on owner-operator but is currently operated mainly by staff only due to the demands of our client's other business commitments being higher than anticipated. Therefore, the business is offered for sale and presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

BUILDING LAYOUT AND DESIGN

Essence Mediterranean Restaurant and Bar operates from an impressive, detached property with central main entrance to the front. The business is very well branded with signage displayed to all sides of the property. Inside, the main dining area is within the ground floor and offers seating for 70. This is a modern, well finished restaurant area with excellent fixtures and fittings in place including beautiful chandeliers. To the left hand side is a modern, well stocked bar and waiting area and the kitchen is positioned to the rear. The kitchen is fitted with two six-hob gas ovens, double deck pizza oven, charcoal grill, stainless steel worktops and much more. There are ladies and disabled toilets also on the ground floor.

On the first floor there is a second dining area offering seating for a further 40 diners, and a separate bar. There are also men’s toilets on the first floor. The first floor can be and is utilised for private hire events such as birthday celebrations, baby showers, funerals and so on. There is a large cellar which can be used for storage and is currently used for the extensive beer lines. The second floor is currently used for storage only, but there is a potential for an owner operator to develop into a two bedroom accommodation. Finally, there is a small, enclosed yard to the rear used for refuge and this has a separate entrance for deliveries.

STAFF

The business is currently operating with five full time and three part time members of staff – this includes two chefs. These staff members support our client who is working on a part time basis overseeing management.

FINANCIAL DETAILS

Essence Mediterranean Restaurant and Bar has traded solidly since opening. We are advised that the business currently has annual turnover of £520,000 with gross profit of £312,000. Full financial details are available upon viewing.

BUSINESS RATES

The rateable value is £9,000. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY

This freehold business occupies a prominent trading position in a busy area of Darwin town centre. The business is hugely successful with plenty of scope to develop further with the introduction of lunchtime openings during the week and a strong marketing drive. The property could suit a range of cuisines and a delivery service could also be popular in this area. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Fixtures:
Tables and chairs

Chandeliers

Light fittings

Polished Italian plaster bar

Kitchen equipment including 2 x 6 ring burner gas ovens

Double deck pizza oven

Gas deep fat fryer

Charcoal grill

Extraction unit

Stainless steel workbenches and under counter fridges

13 Fridges and freezers

2 Bar fridges

Commercial dishwasher and glass wash

Ice machine

Coffee machine (Astoria)

Dessert display fridge

2 EPOS till systems

Music system
Trading hours:
Mon - 5pm - 11pm Tue - 5pm - 11pm Wed - 5pm - 11pm Thur - 5pm - 11pm Fri - 12pm - Midnight Sat - 12pm - Midnight Sun - 12pm - 10pm
Tenure:
Freehold
Location Details:
Darwen
Listed by:
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