Restaurants for sale in Colchester

View the "Reputable Pub/Restaurant in Colchester" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 We were searching for a retirement business opportunity and we found it on www.daltonsbusiness.com 

Mr & Mrs Neville (Sept 2013)
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Leasehold Price: £149,000 Price Reduced Annual Turnover: £450,943 Annual Net Profit: £32,498
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Business Description


Intelligent Business Transfer are pleased to bring to the market this successful pub/restaurant which is favoured by locals for its food and drink and its excellent customer service. Established three years ago, the business has experienced stellar growth and has successfully generated high annual turnover in excess of £450,000. This is an ideal platform for a first-time buyer and would also suit an experienced individual looking to acquire another catering business.

There exists a number of possibilities for growth. Introducing a carvery, offering BBQ food as well as afternoon teas and morning coffees would attract further patronage and allow the business to successfully grow its annual revenue. Offering the building as a venue to individuals for hosting parties, poker nights and other events would also boost turnover. Implementing an external catering and home delivery service would also be beneficial. Also, increasing advertising via social media and locally through leaflet drops etc would attract more locals to the business. Furthermore, the upper level floor provides ample living accommodation. This could be offered to tenants to successfully generate a rental income.

Intelligent Business Transfer have been tasked with finding a suitable buyer.
Number of Employees: 5

Tenure: Leasehold

Listed by: Intelligent Business Transfer
Find out more about this business for sale opportunity by submitting the form below.
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